Crowdonomics
All companies
Borrow logo

Borrow

Operating

Prazo, Inc.

Transportation · West Hollywood, CA · Founded 2015

LGBTQ-foundedMinority-founded

The future of electric vehicle ownership

Valuation cap ⓘ
$12.0M
As of Nov 2020 · from Reg CF Offering (2020) · a SAFE/note conversion ceiling, not a priced valuation
Total raised
$779,492
Crowd $179K · Private $600K · 4 rounds since 2018
Latest share price
$0.80
Section 4(a)(2) · Common Stock · Jan 2018 offering price

Financials

FY2018–FY2020 · from SEC filings · hover any figure for its source
$142K
−$162K
2018
$185K
−$326K
2019
$168K
−$270K
2020
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2018
FY2019 reviewed*
FY2020
Income statement
Revenue
$141,695
$184,557
$167,572
Cost of goods sold
$8,024
$17,406
$19,157
Gross margin
94%
91%
89%
Net income
-$162,181
-$325,566
-$270,424
Taxes paid
$0
$0
$0
Balance sheet
Cash
$46,494
$4,845
$96,830
Accounts receivable
$0
$685
$0
Total assets
$170,706
$432,696
$334,262
Short-term debt
$55,020
$172,808
$0
Long-term debt
$383,817
$581,478
$793,247
Total liabilities
$438,837
$976,393
$793,247
Other
Headcount
—
4
5

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

Valuation caps on SAFE / convertible note rounds
$12.0M
Valuation cap
Reg CF · SAFE · Jul 2020

Dashed amber bars are a SAFE or convertible note's valuation cap — the most it converts at, not what the company is worth.

Cap table

Share counts as of Dec 31, 2019
ClassOutstandingVotes / shareShare of totalLast price
Common Stock5,125,000—100.0%$0.80Jan 2018

Shares outstanding over timein today's share terms

5.1M2.6M0
Dec 2018Dec 2019
Common StockRound opened

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

Reg CF · SAFE · Jul 2020Closedvia Republic
Raised $179.5K / $1.1MInvestors 1,053Valuation cap $12M

Team

2 people
/s/ Rodrigo de Guzman
CEO & Director
/s/ Jon Alain Guzik
CPO & Director

Names and titles as disclosed on SEC Form C. 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)

1,053 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-TRMay 14, 20210001805831-21-000002
    EDGAR
  • Form C-ARMay 3, 20210001782494-21-000003
    EDGAR
  • Form C-UNov 5, 20200001805831-20-000003
    EDGAR
  • Form C/ASep 25, 20200001805831-20-000002
    EDGAR
  • Form CJul 10, 20200001805831-20-000001
    EDGAR
Source: ManualCIK 0001805831DEShare price $0.80

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.