Crowdonomics
All companies
CITIZEN PORTAL logo

CITIZEN PORTAL

Operating

Citizen Portal Inc.

Software & AI · AI · Alpine, UT · Founded 2023

Future of democracy

Post-money valuation ⓘ
$9.4M
As of Aug 2024 · from Reg CF Offering (2023) · pre-money + amount raised, not a traded price
Total raised
$4,694,806
Crowd $1.4M · Private $3.3M · 8 rounds since 2023
Latest share price
$0.53
Reg CF · Common Stock · Nov 2023 offering price

Financials

FY2021–FY2023 · from SEC filings · hover any figure for its source
$0
2021
$0
2022
$322K
−$204K
2023
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2021 reviewed
FY2022 audited
FY2023 audited
Income statement
Revenue
$0
$0
$321,938
Cost of goods sold
$0
$0
$450,000
Gross margin
—
—
-40%
Net income
$0
$0
-$203,932
Taxes paid
$0
$0
$0
Balance sheet
Cash
$0
$0
$13,811
Accounts receivable
$0
$0
$67,500
Total assets
$0
$0
$707,768
Short-term debt
$0
$0
$239,995
Long-term debt
$0
$0
$0
Total liabilities
$0
$0
$239,995
Other
Headcount
—
3
3

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
$8.0M
pre-money
Reg CF · Common · Nov 2023

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

Share price over rounds

log scale
$0.53$0.0073$0.0001
Feb 2023Nov 2023
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, and each class is drawn as its own line.

Cap table

Principal holders% as the filing states it, Mar 29, 2024

  • Soar.com, Inc.12,000,000 Class B Common Stock99.0%of Class B

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 $1.9MInvestors 8
Raised $800KInvestors 2
Raised $5KInvestors 1
Raised $77KInvestors 5
Raised $425KInvestors 14
Raised $140KInvestors 3
Raised $1.4M / $5MInvestors 1,903Post-money $9.4M

Team

6 people
Paul Allen
CEO & Board Member

Paul Allen is a mission-driven tech entrepreneur known for founding Ancestry.com, the world’s leading genealogy company, and Soar.com, an AI platform that helps people learn and develop valuable productivity and people skills. He led the global strengths movement for Gallup from 2012-2017. Paul taught entrepreneurship for 2 years at Utah Valley University and internet marketing for 2 years at BYU. He was an Ernst & Young Utah Entrepreneur of the Year in 2000, and the MarketingSherpa (National) Entrepreneur of the Year in 2008. He is a fellow of the Utah Genealogical Association and was named a Cyber Pioneer in 2010 by the Cyber Law Section of the Utah State Bar. He was the honored alumnus of the BYU Humanities College in 2016, having graduated in 1990 with a BA in Russian. He works approximately 20 hours per week as CEO of Soar.com and less than 1 hour per week as Advisor for Bank of Memories, in addition to working approximately 20 hours per week in his roles with Citizen Portal. Paul and his wife Christy live in Kansas City, Missouri. They have 8 children and 5 grandchildren.

Paul Brent Allen
CEO, Principal Accounting Officer, and Director
Brent Israelsen
Legal Officer, Board Member, Secretary

Mr. Israelsen is an experienced attorney and businessman with deep roots in the practice of law, business, innovation, technology, education and the Internet. He is well known for his leadership in transforming the practice of law to embrace the realities of technology innovation and has championed the use of technology and law to enable individuals, entities, and ecosystems to participate in the global economy. Mr. Israelsen was President of the Utah Chapter of Maverick Angels. Later, as co-founder of GEDIH, Inc., Mr. Israelsen, works directly with innovative companies to prepare and help them raise money on a global basis from different sources to match their strategic goals and objectives. Mr. Israelsen also works with investors of different capacities and interests on a global basis to fund innovation.

Christen Allen
Board Member (Part-Time)

Christen Allen is a Certified Gallup Strengths Coach, Member of the Tabernacle Choir at Temple Square, Theater director and mother of 8 children. She is currently the Strengths Coach for Soar.com as well as Health Insurance administrator and Travel agent. She is most proud of her 8 children who are currently or have obtained bachelors, masters degrees and are respectful successful contributors wherever they are planted. Born and raised in Provo, UT, she attended BYU in Piano Performance and Musical Theater. Christen spends 10 hours a week at Citizen Portal.

Dale Brent Israelsen
Legal Officer, Part-Time Secretary, and Director
Christen Lee Allen
Director

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 1 of 3 annual reports (FY2023–FY2025)

Missing: 2024, 2025

1,903 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 DAug 18, 20260001997254-26-000007
    EDGAR
  • Form DAug 18, 20260001997254-26-000003
    EDGAR
  • Form DAug 18, 20260001997254-26-000004
    EDGAR
  • Form DAug 18, 20260001997254-26-000008
    EDGAR
  • Form DAug 18, 20260001997254-26-000005
    EDGAR
  • Form DAug 18, 20260001997254-26-000006
    EDGAR
  • Form C/AJun 10, 20240001665160-24-000967
    EDGAR
  • Form C-ARMar 29, 20240001665160-24-000287
    EDGAR
Source: ManualCIK 0001997254DEShare price $0.371

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.