
AppMail
OperatingAirto, Inc
Sports & Recreation · New York, NY · Founded 2012
The next-generation interactive email
Financials
FY2016–FY2022 · from SEC filings · hover any figure for its sourceFigures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.
Valuation over rounds
Pre-money — the valuation set before each round’s money came inBlue bars are the pre-money valuation the company stated for a priced round. Dotted grey bars are our estimate for rounds that didn't state one: the round's share price × the shares outstanding in its filings. Same measure as blue, but rougher.
Share price over rounds
Disclosed sales come from the issuer's own filings (prior-offering lines, audited-statement notes) and are amount ÷ securities sold. A down round is a firm point more than 25 % below the previous firm point of the same share class on a comparable basis; the comparison ignores unverified and year-only lines.
Cap table
Share counts as of Dec 31, 2022| Class | Outstanding | Votes / share | Share of total | Last price |
|---|---|---|---|---|
| Class F common stock | 20,000,000 | — | 93.1% | — |
| Class A common stock | 1,490,663 | — | 6.94% | $0.56Aug 2023 |
| Total | 21,490,663 | 100% |
Shares outstanding over timein today's share terms
Principal holders% as the filing states it, Apr 27, 2022
- Duncan Sham10,000,000 Class F Common Stock50.0%of company
- Shi Li10,000,000 Class F Common Stock50.0%of company
- Brad Berkson641,711 Class A Common Stock43.5%of company
- Nan Zhao641,711 Class A Common Stock43.5%of company
Sold to the crowd
- Reg CF · Sep 2018$300K
- Reg CF · Jul 2020277,224 shares at $0.89$246.7K· 297 investors
- Reg A+ · Apr 20211,885,892 shares at $0.49$924.1K
- Reg CF · Aug 2023177,856 shares at $0.56$99.6K· 89 investors
From the company's SEC filings: share counts per class, each class's voting and conversion terms, and the holders of 20% or more that Form C requires (officers and 10%+ holders on Form 1-A). Filings name only large holders, so most owners — including crowd investors — are not listed, and a holder's percentage may be of its own class rather than of the whole company. Prices and crowd share counts are in today's share terms — adjusted for splits and conversions since they were sold. Hover a figure for its filing.
Fundraising history
Team
3 people
Duncan wears a creative belt in our team with a passion to build and create things. With over a decade of experience in the creative industry, he has designed exciting campaigns for the global brands including Gap, Adidas, YouTube, Lacoste, Pepsi, Meitu, Artful Dodger Clothing (Jay Z’s Clothing Brand), Gatorade/Serena Williams, McDonalds, New York Marathon, Blackberry, Smart, Wrigleys, LG Phones and Yahoo. His work has reached billboards in Times Sq (NY), TV commercials across the U.S. to major events hosted by celebrities in Asia. Being a Product Manager at SAM, Duncan likes to push the boundaries of our product design, from the UI/UX and functionality perspective, as well as ensuring it aligns with the business objectives. All in all, he is a perfect mix of design, innovation and logic.

Shi is the Sensei of our team who has built consumer and business-facing companies in both the United States and Asia. He is a serial entrepreneur with extensive work experience of 8 years in the digital and airline industry. Shi has also acquired and collaborated with brands in more than 10 countries including, but not limited to, IAG(Parent company of BA, Iberia, and Aer Lingus), JetBlue, Israel Airlines, Google, Walmart, etc. Frequently invited and awarded at industry summits: - Airline Information (2019) - FTE and IAG (2018) - IATA World Passenger Symposium (2017)

Jeff is a successful entrepreneur, worldwide motivational speaker, Hollywood film producer, and a Grammy-winning jazz album producer. He’s been a member of several successful startups, including Priceline.com and Booking.com. Jeff has worked in many different industries and markets, and as such, possesses a unique knowledge of what it takes to grow a business.
Names and titles as disclosed on SEC Form 1-A, SEC Form C, StartEngine. Bios and photos come from the platform campaign page and may be out of date.
Reg CF annual-report compliance
Filed 3 of 8 annual reports (FY2018–FY2025)
Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.
SEC filings
View all 27 filings on EDGAR- Form C/AApr 23, 20240001670254-24-000410EDGAR
- Form CMar 25, 20240001670254-24-000255EDGAR
- Form C-UOct 27, 20230001665160-23-001882EDGAR
- Form CJul 24, 20230001665160-23-001553EDGAR
- Form 1-ZApr 19, 20230001104659-23-046998EDGAR
- Form 1-SAOct 26, 20220001104659-22-111408EDGAR
- Form 1-KApr 27, 20220001104659-22-050901EDGAR
- Form 253G2Apr 13, 20220001104659-22-045369EDGAR
About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.