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Cub Crafters, Inc.

Operating

Transportation · Yakima, WA

Estimated pre-money ⓘ
$160.8M
As of Apr 2024 · from Private Offering (2024) · our estimate: offering price × shares outstanding, not a stated valuation
Total raised
$3,316,418
Crowd $1.8M · Private $1.5M · 4 rounds since 2022
Latest share price
$5.2003
Private · Series A Preferred Stock · Apr 2024 offering price

Financials

FY2020–FY2025 · from SEC filings · hover any figure for its source
$16.8M
$1.4M
2020
$32.8M
$1.1M
2021
$36.1M
$2.5M
2022
$43.4M
−$1.2M
2023
$40.7M
$349K
2024
$39.2M
$149K
2025
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2020 audited
FY2021 audited
FY2022 audited
FY2023 audited
FY2024 audited
FY2025 audited
Income statement
Revenue
$16,803,911
$32,773,691
$36,102,894
$43,433,775
$40,744,768
$39,198,465
Cost of goods sold
$11,704,305
$23,317,604
$24,763,871
$30,151,590
$31,032,335
$29,420,907
Gross margin
30%
29%
31%
31%
24%
25%
Net income
$1,361,372
$1,050,536
$2,521,212
-$1,227,662
$348,596
$148,891
Taxes paid
$0
$224,610
$171,826
$348,293
-$253,271
$681,870
Balance sheet
Cash
$9,437,178
$9,907,586
$8,026,052
$2,883,216
$814,055
$511,052
Accounts receivable
$1,677,120
$819,538
$1,040,117
$5,186,281
$4,973,568
$4,034,393
Total assets
$22,826,097
$24,273,762
$35,392,569
$32,837,101
$29,270,831
$27,874,743
Short-term debt
$11,800,154
$15,884,618
$20,499,865
$17,241,939
$13,637,098
$12,893,260
Long-term debt
$1,081,539
$1,907,679
$4,552,567
$4,127,201
$3,372,056
$2,570,915
Total liabilities
$12,881,693
$17,792,297
$25,052,432
$21,405,840
$17,009,154
$15,464,175
Other
Headcount
—
214
214
204
225
188

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
$150.0M
est. pre-money
$145.0M
est. pre-money
$145.6M
est. pre-money
$160.8M
est. pre-money
Reg A+ · Equity · Sep 2022
Reg CF · Preferred · Dec 2022
Rule 506(b) · Series A Preferred · Dec 2023
Private · Series A Preferred · Apr 2024

Dotted grey bars are our estimate for rounds that didn't state one: the round's share price × the shares outstanding in its filings. Same measure as blue, but rougher.

Share price over rounds

$5.2003$2.6002$3.7863
Sep 2022Apr 2024
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, 2024
Series A Preferred Stock · 3.21%Class B Common · 48.4%Common stock · 48.4%
ClassOutstandingVotes / shareShare of totalVotesLiquidationLast price
Series A Preferred Stockpreferred(as of Apr 29, 2024)1,921,87613.21%0.73%1× · paid 1st$5.20Apr 2024
Class B Common(as of Apr 29, 2024)29,000,000848.4%88.2%——
Common stock29,000,000—48.4%11.0%——
Total59,921,876100%100%

Shares outstanding over timein today's share terms

60M30M0
Dec 2021Dec 2024
Class B CommonCommon stockSeries A Preferred StockRound opened

Changes in named holdersshares in today's terms · % of all shares at the time

Principal holders% as the filing states it, Apr 30, 2026

  • Susan Richmond26,100,000 Class B Common90.0%of Class B
  • Susan Richmond810,956 Series A Preferred42.0%of Series A Preferred
  • Bradley Damm1,450,000 Class B Common5%of Class B
  • Patrick Horgan1,450,000 Class B Common5%of Class B
  • Bradley Damm50,100 Series A Preferred3%of Series A Preferred
  • Patrick Horgan44,065 Series A Preferred2%of Series A Preferred

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 $410.4KEst. pre-money $160.8M
Raised $1.1MEst. pre-money $145.6M
Reg CF · Preferred Stock · Dec 2022Closedvia Title3Funds LLC
Raised $436.7K / $5MEst. pre-money $145M
Raised $1.3M / $45MEst. pre-money $150M

Team

5 people
Patrick Horgan
President and CEO
Bradley Damm
Vice President and Sales, and Director
Richard Johnson
Director of Finance
Justin Jansky
Secretary
Susan Richmond
Director

Names and titles as disclosed on SEC Form 1-A, SEC Form C. Bios and photos come from the platform campaign page and may be out of date.

Reg CF annual-report compliance

Compliant

Filed 4 of 4 annual reports (FY2022–FY2025)

Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.

  • Form 1-SAOct 2, 20260001477932-26-005983
    EDGAR
  • Form 1-KApr 30, 20260001477932-26-002672
    EDGAR
  • Form C-ARApr 30, 20260002070024-26-000019
    EDGAR
  • Form 1-SASep 29, 20250001477932-25-007133
    EDGAR
  • Form 1-KMay 5, 20250001477932-25-003295
    EDGAR
  • Form C-AR/AMay 5, 20250001644600-25-000041
    EDGAR
  • Form C-ARApr 30, 20250001644600-25-000035
    EDGAR
  • Form 1-UApr 17, 20250001477932-25-002799
    EDGAR
Source: SEC EDGARCIK 0001944503DEShare price $5.2003Last synced Aug 16, 2026

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.