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Cadi, Inc.

Operating

Sports & Recreation · Nashville, TN · Founded 2016

Combining autonomous retail and ecommerce to revolutionize golf

Post-money valuation ⓘ
$49.8M
As of May 2022 · from Reg CF Offering (2022) · pre-money + amount raised, not a traded price
Total raised
$1,827,478
Across 3 rounds since 2020
Latest share price
$1.40
Reg CF · Common Stock · Dec 2021 offering price

Financials

FY2018–FY2021 · from SEC filings · hover any figure for its source
$13K
−$49K
2018
$350K
−$32K
2019
$727K
$6K
2020
$438K
−$733K
2021
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2018 reviewed*
FY2019 audited
FY2020 audited
FY2021 audited
Income statement
Revenue
$12,889
$349,595
$726,891
$438,345
Cost of goods sold
$8,775
$229,879
$472,060
$408,422
Gross margin
32%
34%
35%
7%
Net income
-$49,259
-$31,647
$6,244
-$733,151
Taxes paid
$0
$0
$0
$0
Balance sheet
Cash
$54,746
$71,675
$128,914
$389,307
Accounts receivable
$0
$0
$0
$0
Total assets
$166,619
$244,094
$328,997
$773,691
Short-term debt
$30,892
$84,500
$145,520
$143,965
Long-term debt
$283,201
$316,254
$17,016
$14,512
Total liabilities
$314,093
$400,754
$162,536
$158,477
Other
Headcount
—
2
2
23

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
$10.1M
pre-money
$42.0M
pre-money
$49.8M
pre-money
Reg CF · Common · Nov 2020
Reg CF · Common · Dec 2021
Reg CF · Class B Common Stock (non-voting) · Dec 2022

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

Share price over rounds

$1.40$0.70$0.43
Nov 2020Dec 2021
Round offering price or verified disclosed saleDisclosed sale, unverified or year-only

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, 2020
ClassOutstandingVotes / shareShare of totalLast price
Common Stock19,290,000—100.0%$1.40Dec 2021

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 $0 / $3MPost-money $49.8M
Raised $346K / $3.5MInvestors 421Post-money $42.5M
Raised $1.5M / $1.1MInvestors 1,666Post-money $11.6M

Team

3 people
Matt AhrensFounder
Chief Operating Officer

Director at Pinnacle Inc., a $200M+ oil distributor. Former VP of Sales national food retailer. M.Ed., University of Washington.

Tyler GottsteinFounder
Chief Executive Officer & Director

Tyler is an autonomous retail and golf industry leader. Tyler is a 4x serial founder with an MBA and M.Ed from the University of Washington.

/s/ Tyler Gottstein
CEO, Principal Executive Officer, Director, Principal Financial Officer and Principal Accounting Officer

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

Delinquent

Filed 2 of 6 annual reports (FY2020–FY2025)

Missing: 2022, 2023, 2024, 2025

1,666 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 CDec 28, 20220001683168-22-008664
    EDGAR
  • Form C-UMay 2, 20220001665160-22-001461
    EDGAR
  • Form C-ARApr 25, 20220001665160-22-000787
    EDGAR
  • Form C/AMar 14, 20220001665160-22-000436
    EDGAR
  • Form CDec 16, 20210001665160-21-002218
    EDGAR
  • Form C-UDec 16, 20210001665160-21-002210
    EDGAR
  • Form C-AR/ADec 15, 20210001665160-21-002182
    EDGAR
  • Form C-UAug 5, 20210001665160-21-001405
    EDGAR
Source: ManualCIK 0001830585DEShare price $1.72

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.