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BionicLogic, Inc.

Operating

BIONICLOGIC INC

Santa Monica, CA · Founded 2017

The Future of Online Games Advertising.

Post-money valuation ⓘ
$9.9M
As of Nov 2020 · from Reg CF Offering (2020) · pre-money + amount raised, not a traded price
Total raised
$125,413
Across 1 round since 2020
Latest share price
$1.00
Reg CF · Class B Non-Voting Stock · Apr 2020 offering price

Financials

FY2018–FY2020 · from SEC filings · hover any figure for its source
$4.0M
−$95K
2018
$5.1M
$308K
2019
$4.7M
$126K
2020
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2018 reviewed*
FY2019 reviewed*
FY2020
Income statement
Revenue
$4,026,300
$5,105,222
$4,689,698
Cost of goods sold
$2,943,549
$3,404,383
$3,375,843
Gross margin
27%
33%
28%
Net income
-$94,797
$307,823
$126,101
Taxes paid
$0
$0
$139,304
Balance sheet
Cash
$592,032
$1,082,017
$1,051,648
Accounts receivable
$979,242
$874,906
$992,868
Total assets
$1,889,691
$2,242,801
$2,329,254
Short-term debt
$898,684
$739,825
$822,481
Long-term debt
$1,005,028
$845,658
$603,759
Total liabilities
$1,903,712
$1,585,483
$1,426,240
Other
Headcount
—
8
8

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
$9.8M
pre-money
Reg CF · Class B Non-Voting · Apr 2020

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

Cap table

Principal holders% as the filing states it, Apr 28, 2021

  • Joshua Goldstein51.0%of company
  • Daniel Goldstein28.0%of company

Sold to the crowd

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

Raised $125.4K / $955KInvestors 209Post-money $9.9M

Team

9 people
Joshua GoldsteinFounder
President & CEO, Santa Monica

Technologist and entrepreneur with over 15 years of industry experience running ad tech and gaming companies. Adept at developing sophisticated and scalable technologies from scratch and leading teams to execute complex business strategies. Achieved run rates over $25,000,000 with no outside investment dollars. Joshua's full-time role is leading BionicLogic and its subsidiary businesses.

Michael Ovadya
Director of Business Development, Santa Monica

Highly driven business development and sales professional who is not afraid to roll up his sleeves. Entrepreneurial mindset with 10 years of sales experience and a track record for being innovative to help his clients grow their revenue.

Nicolas Goldmark
Director of Publisher Relations, New York City

Digital ad industry veteran with 13 years of experience working with publishers. Well versed in the programmatic ecosystem. Ensures success of publisher development, as well as cultivation and growth of programmatic partnerships.

Bennett Bernstedter
International Business Development, Berlin - Contractor

Partnership Development and Management specialist with over 8 years of experience, focused in Gaming, Entertainment, and AdTech products. Branch office lead, continuously educating associated team in a fast-developing tech industry while supervising account management, growth, and ad operations. Developed sustaining relationships with numerous major game publishers achieving seven figures annual sales.

Jonathan Acord
Manager of Sales, Santa Monica

Manager of sales with over a decade of sales experience. Graduated from UCSB with a degree in accounting. Worked in finance for several years before finding a home in sales.

Jorge Noboa
Account Manager, Santa Monica

Digital marketing and business operations specialist with over 10 years experience managing complex projects and developing advertising and publisher partner relationships. Proven success growing accounts in the video game vertical. Past achievements leading an e-commerce team for an international music software and hardware company and overseeing the growth and profitability for a successful start-up media publisher.

Josh Tomlinson
Software Engineer, Santa Monica

Self proclaimed super nerd, and professional engineer. I create technical solutions that help our company innovate so we can stay on top of industry demands.

Maximilian Smirnov
Account Manager, Berlin - Contractor

Account management specialist with over 6 years of game industry experience. Managing and developing existing relationships with a marketing instinct and special competencies in the implementation and optimization of digital campaigns. Executed six-digit monthly marketing budgets for various major industry clients.

Susannah Thorarinsson
Treasurer & Finance Controller, Santa Monica

Experienced book-keeper and collections specialist with 5 years of experience. Familiarity working with the online advertising industry since 2005. Detail oriented organizational expert with strong people management skills.

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

Reg CF annual-report compliance

Not requiredFiled Form C-TR (terminated reporting)

Filed 1 of 6 annual reports (FY2020–FY2025)

209 investors
holder-count proxy

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

  • Form C-TRApr 30, 20210001811504-21-000004
    EDGAR
  • Form C-ARApr 28, 20210001744408-21-000001
    EDGAR
  • Form C-UJan 8, 20210001665160-21-000042
    EDGAR
  • Form C-UNov 23, 20200001665160-20-001452
    EDGAR
  • Form C/ASep 14, 20200001665160-20-001150
    EDGAR
  • Form C/AJul 17, 20200001665160-20-000960
    EDGAR
  • Form C/AApr 30, 20200001665160-20-000527
    EDGAR
  • Form C/AApr 30, 20200001665160-20-000518
    EDGAR
Source: ManualCIK 0001744408DEShare price $1.00

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.