Convesio

Operating

Convesio, Inc.

Software & AI · Founded 2018

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We make enterprise level WordPress website hosting available to everyone.

Valuation cap ⓘ

$5.5M

As of Nov 2019 · from Reg CF Offering (2019) · a SAFE/note conversion ceiling, not a priced valuation

Total raised

$4,604,700

Crowd $1.0M · Private $3.6M · 5 rounds since 2019

Financials

FY2017–FY2022 · from SEC filings · hover any figure for its source

2017

2018

$13K

−$459K

2019

$193K

−$778K

2020

$670K

−$1.1M

2021

$754K

−$2.1M

2022

RevenueNet income — beside revenue when positive, below the line when a loss

Metric

FY2017 reviewed*

FY2018 reviewed*

FY2019 reviewed

FY2020 reviewed

FY2021 unaudited

FY2022 unaudited

Income statement

Revenue

$12,600

$192,730

$670,327

$754,032

Cost of goods sold

$203,804

$378,091

$966,581

$1,455,959

Gross margin

—

-1517%

-96%

-44%

-93%

Net income

-$459,174

-$777,675

-$1,085,988

-$2,089,169

Taxes paid

Balance sheet

Cash

$405,827

$714,627

$2,220,855

$2,658,891

Accounts receivable

$473,901

$14,121

$14,257

$23,425

Total assets

$883,240

$731,591

$2,206,598

$2,621,483

Short-term debt

$42,517

$126,264

$105,268

$91,311

Long-term debt

Total liabilities

$42,517

$126,264

$105,268

$91,311

Other

Headcount

—

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

$5.5M

Valuation cap

Reg CF · SAFE · Jun 2019

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

Fundraising history

Rule 506(b) · SAFE · Sep 2021Closed

Raised $2.5MInvestors 2

Rule 506(b) · Equity · Sep 2021Closed

Raised $750KInvestors 5

Private · SAFE · Nov 2020Closed

Raised $200K

Reg CF · SAFE · Jun 2019Closedvia WeFunder

Raised $1M / $1MInvestors 822Valuation cap $5.5M

Rule 506(c) · SAFE · Aug 2019Closed

Raised $154.7KInvestors 3

Team

1 person

Thomas FanelliFounder

Founder/CEO

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 4 of 7 annual reports (FY2019–FY2025)

822 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

View all 10 filings on EDGAR

Form C-TRAug 2, 20230001213900-23-062383
EDGAR
Form C-ARApr 27, 20230001670254-23-000424
EDGAR
Form C-ARApr 28, 20220001670254-22-000444
EDGAR
Form D/AJan 3, 20220001786236-22-000001
EDGAR
Form DSep 30, 20210001785407-21-000004
EDGAR
Form DSep 30, 20210001785407-21-000002
EDGAR
Form DSep 30, 20210001785407-21-000003
EDGAR
Form C-ARApr 22, 20210001670254-21-000518
EDGAR

Source: ManualCIK 0001778987

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.