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Dryworld Brands, Inc.

Operating

Software & AI · Santa Barbara, CA

Estimated pre-money ⓘ
$160.8M
As of Nov 2021 · from Reg A Offering (2021) · our estimate: offering price × shares outstanding, not a stated valuation
Total raised
$0
Across 2 rounds since 2019
Latest share price
$0.50
Reg A Offering (2021) offering price

Financials

FY2018–FY2021 (no data for FY2019) · from SEC filings · hover any figure for its source
$0
−$61K
2018
2019no data
$0
−$40K
2020
$11K
−$44K
2021
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2018
FY2020 unaudited
FY2021 unaudited
Income statement
Revenue
$0
$0
$10,578
Cost of goods sold
$60,738
$40,164
$54,570
Gross margin
—
—
-416%
Net income
-$60,738
-$40,164
-$43,992
Balance sheet
Cash
$55
$10,047
$9,617
Accounts receivable
$1,615
$0
$1,850
Total assets
$1,509,602
$39,037
$151,841
Long-term debt
$62,135
$0
$0
Total liabilities
$240,426
$180,763
$363,670
Other
Headcount
0
9
9

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
$1.3M
est. pre-money
$160.8M
est. pre-money
Reg A+ · Equity · Jul 2019
Reg A+ · Equity · Nov 2021

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.

Cap table

Share counts as of Oct 4, 2022
Series D Preferred Stock · 46.6%Series E Preferred Stock · 0%Common Stock · 53.4%
ClassOutstandingVotes / shareConvertsAs convertedVotesLast price
Series D Preferred Stockpreferred10,00015,00015,000 × Common Stock46.6%46.6%—
Series E Preferred Stockpreferred900——0%0%—
Common Stock171,565,2291—53.4%53.4%—
Total171,576,129321,566,129 as converted100%100%

Shares outstanding over timein today's share terms

11K5K0
Jul 2019Nov 2021
Common StockSeries D Preferred StockSeries E Preferred Stock

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

Principal holders% as the filing states it, Oct 4, 2022

  • EMC2 Capital LLC284 Series E Preferred33.4%of Series E Preferred
  • EMC2 Capital LLC3,334 Series D Preferred33.3%of Series D Preferred
  • Dryworld Brands LLC3,333 Series D Preferred33.3%of Series D Preferred
  • Brian McKenzie3,333 Series D Preferred33.3%of Series D Preferred
  • Dryworld Brands LLC283 Series E Preferred33.3%of Series E Preferred
  • Brian McKenzie283 Series E Preferred33.3%of Series E Preferred
  • Barrett Evans6,666,666 Common Stock3.89%of company
  • EMC2 Capital LLC6,666,666 Common Stock3.89%of company
  • Brian McKenzie5,312,492 Common Stock3.1%of company

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. “As converted” counts each class in the shares it converts into. 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 / $10MEst. pre-money $160.8M
Raised $0 / $500KEst. pre-money $1.3M

Team

4 people
Brian McKenzieFounder
Co-founder, Co-CEO
Matt WeingartFounder
Co-founder Co-CEO
Barrett Evans
Chief Financial Officer
Ron Minsky
Director

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

SEC filings

  • Form QUALIFDec 27, 20229999999994-22-000501
    EDGAR
  • Form 1-A/AOct 4, 20220001477932-22-007430
    EDGAR
  • Form 1-A/AJul 20, 20220001477932-22-005241
    EDGAR
  • Form 1-ANov 3, 20210001477932-21-007763
    EDGAR
  • Form 1-AJul 8, 20190001213900-19-012236
    EDGAR
Source: SEC EDGARCIK 0001781595NVShare price $0.50Last 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.