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CMAX SYSTEM

Operating

Cmax System, Inc.

Real Estate · Washington, DC · Founded 2016

Foldable housing technology

Post-money valuation ⓘ
$54.9M
As of Apr 2025 · from Reg CF Offering (2025) · pre-money + amount raised, not a traded price
Total raised
$304,618
Crowd $295K · Private $10K · 3 rounds since 2017
Latest share price
$1.20
Reg CF · Common Stock · Feb 2025 offering price

Financials

FY2021–FY2023 · from SEC filings · hover any figure for its source
$0
−$27K
2021
$15K
−$119K
2022
$28K
−$135K
2023
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2021 reviewed*
FY2022 reviewed
FY2023 reviewed
Income statement
Revenue
$0
$15,289
$28,103
Cost of goods sold
$0
$12,222
$12,400
Gross margin
—
20%
56%
Net income
-$26,980
-$118,729
-$135,493
Taxes paid
$0
$0
$0
Balance sheet
Cash
$5,200
$22,416
$14,428
Accounts receivable
$0
$0
$30,176
Total assets
$570,299
$676,573
$593,758
Short-term debt
$8,578
$6,877
$7,043
Long-term debt
$133,885
$307,218
$359,730
Total liabilities
$142,463
$314,095
$366,773
Other
Headcount
—
7
7

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
$50.0M
pre-money
$54.9M
pre-money
Reg CF · Common · Mar 2024
Reg CF · Common · Feb 2025

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

Share price over rounds

$1.20$0.60$1.10
Mar 2024Feb 2025
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.

Fundraising history

Raised $29.4K / $618KInvestors 52Post-money $54.9M
Raised $265.2K / $1.2MInvestors 144Post-money $50.3M
Raised $10KInvestors 1

Team

10 people
Nicolas Garcia Mayor
CEO, Director, and Principal Accounting Officer

Industrial designer, TED speaker, and Top Social Innovator recognized by United Nations. Renowned for contributions to children, world peace, and human rights. Consultant to UN, World Bank, IDB and corporations like BMW, Audi. Awarded U.S. permanent residency for "extraordinary ability" and "brilliant talent”.

Carlos Nicolas Garcia Mayor
CEO, Principal Accounting Officer, Director
Matias Pastorini
Vice President of Animation and 3D Design

Cmax System investor, with 20+ years working for Disney, Cinecanal, Eurovision among others. 2D/3D Animator, Rigger, Look Development and Lighting, 2D/3D MotionGraphics Artist, Compositing and Editing who loves and lives to animate everything.

Nuria Vega Bariani
Head of Design

Stanford-affiliated designer, Cmax System investor. Skilled in graphic design, illustration, and lettering artistry. Former Head of Design at Ar Estudio. Collaborated as a freelance designer for major corporations and institutions.

Valeria Barriga
Head of Communication

Bilingual meteorologist with 15 years in the TV industry. Chesapeake Emmy nominee, honored as Entertainment Person of the Year. 2023 Silver Telly Award winner, nominated for Best Weather Anchor in the Lone Star Emmy Chapter. Early investor in the CMAX System.

Agustin Miguens
International Trade and Customer Services

14+ years UN/NGOs market analysis, International Trade and Customer Services, with events planning and production know-how and skills. Public and private sector experience. Cmax System investor and member of the Advisory Board.

Franco Castronuovo
Production Manager

Production Manager and Technical Supervisor to major productions including Disney Live, Marvel Universe Live, Broadway shows like Kinky Boots, and The Illusionists. Cmax System investor. Automation Programmer for events like Shawn Mendes at Madison Square Garden.

Giovanna Piskulich
Public Benefit Director, Legal & Strategy Advisor

Giovanna is a Senior Lawyer with 25+ years of global expertise, Top Producer Real Estate Agent since 2006 in DC, VA and MD with 19 years in the business. Cmax angel investor, Legal counselor and member of the advisory board. In addition to working approximately 10-15 hours a week in roles with Cmax, Giovanna also works up to 35 hours a week as a Realty Agent for Compass.

Laura Rodriguez De Castro
Advisor

Over 25 years of experience in the United Nations, including as Staff Assistant in the Office for Coordination of Humanitarian Affairs Assisting in the Coordination of briefings to the Member States; heading the Front Office of the Director for Partnerships and UN Collaboration in FAO and Front Office Team in the Department of Global Communications.

Show 1 more person
Mercedes Sarrabayrouse
Advisor

Early Cmax System investor and Cmax Foundation Advisory with more than 20 years in real estate investing.

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 0 of 3 annual reports (FY2023–FY2025)

Missing: 2023, 2024, 2025

144 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-UMay 8, 20250001665160-25-001028
    EDGAR
  • Form CFeb 11, 20250001665160-25-000223
    EDGAR
  • Form C-UJan 3, 20250001665160-25-000002
    EDGAR
  • Form C-UMay 3, 20240001665160-24-000780
    EDGAR
  • Form C/AMar 6, 20240001665160-24-000173
    EDGAR
  • Form CMar 6, 20240001665160-24-000165
    EDGAR
  • Form DFeb 2, 20170001696967-17-000001
    EDGAR
Source: ManualCIK 0001696967DCShare price $1.20

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.