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Avimesa

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Avimesa Corporation

Industrial & Manufacturing · San Diego, CA · Founded 2016

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Industrial IoT Platform

Post-money valuation ⓘ
$12.3M
As of Apr 2022 · from Reg CF Offering (2021) · pre-money + amount raised, not a traded price
Total raised
$374,529
Crowd $110K · Private $265K · 2 rounds since 2017
Latest share price
$18.76
Reg CF · Preferred Stock · Oct 2021 offering price

Financials

FY2019–FY2023 · from SEC filings · hover any figure for its source
$108K
−$530K
2019
$82K
−$439K
2020
$169K
−$229K
2021
$158K
−$78K
2022
$158K
$16K
2023
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2019 reviewed*
FY2020 reviewed*
FY2021
FY2022
FY2023
Income statement
Revenue
$108,078
$81,756
$168,652
$157,888
$158,042
Cost of goods sold
$37,589
$8,975
$14,347
$0
$0
Gross margin
65%
89%
91%
100%
100%
Net income
-$530,414
-$439,267
-$229,251
-$78,223
$16,438
Taxes paid
$0
$0
$16,142
$0
$0
Balance sheet
Cash
$133,007
$3,491
$9,702
$5,921
$1,217
Accounts receivable
$0
$7,144
$0
$0
$0
Total assets
$288,742
$186,992
$969,622
$954,923
$956,239
Short-term debt
$19,854
$30,680
$463,185
$44,272
$29,149
Long-term debt
$120,913
$284,604
$0
$1,715,199
$1,715,199
Total liabilities
$140,767
$315,284
$463,185
$1,759,471
$1,744,348
Other
Headcount
—
4
—
3
0

Figures 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 in
$12.2M
pre-money
Reg CF · Preferred · Oct 2021

Blue bars are the pre-money valuation the company stated for a priced round.

Fundraising history

Reg CF · Preferred Stock · Oct 2021Closedvia StartEngine
Raised $109.5K / $1.1MInvestors 44Post-money $12.3M
Reg D · Debt · May 2017Closed
Raised $265KInvestors 7

Team

5 people
Jake FieldsFounder
Member — Board of Directors/Co-Founder

Jake Fields is a leader in engineering, product development and IoT innovation. He helps large corporations radically reinvent themselves, while fostering a supportive structure to bring products to market.

Joe AustinFounder
CEO/Co-Founder

Joe, one of the first C programmers, is an expert in making complex technology accessible. In a former role, he was CEO of Miva, a stronghold in e-commerce, where he grew sales using a unique bundle strategy that fueled retail / bizdev deal flow. In his career Joe has held executive roles in finance, aerospace, storage, print, e-commerce, agency, and now Industrial IoT.

Joseph Austin
President, CEO, Principal Executive Officer, Director, Principal Financial Officer and Principal Accounting Officer
Collin Hinson
VP Technology

Collin is the lead developer in charge of Avimesa's end-to-end IIoT solution. He oversees the development of Avimesa technologies for all parts of the ecosystem including hardware, firmware, apps, and cloud. An expert in Linux and C systems development, Collin is a Georgia Tech graduate.

Paul Peterson
VP Marketing

Paul has 20 years of experience leading brand awareness and data-driven marketing campaigns in both the private and public sector. Most recently he worked as Director of Branding for Miva, a SaaS e-commerce software company. Joe and Paul have worked together on award winning marketing campaigns.

Names and titles as disclosed on StartEngine, SEC Form C. Bios and photos come from the platform campaign page and may be out of date.

Reg CF annual-report compliance

Not requiredFewer than 300 holders of record

Filed 2 of 5 annual reports (FY2021–FY2025)

44 investors
holder-count proxy

Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.

SEC filings

  • Form C-ARApr 26, 20240001665160-24-000534
    EDGAR
  • Form C-ARApr 28, 20230001665160-23-001030
    EDGAR
  • Form C-UApr 21, 20220001665160-22-000702
    EDGAR
  • Form C/ADec 17, 20210001665160-21-002227
    EDGAR
  • Form COct 19, 20210001665160-21-001837
    EDGAR
  • Form DOct 18, 20170001718594-17-000001
    EDGAR
Source: ManualCIK 0001718594CAShare price $18.76

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.