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Encore Artistic Solutions

Operating

Encore Artistic Solutions, Inc

Software & AI · Oceanside, CA · Founded 2021

Patent-pending process that upcycles discarded pain into premium, high-quality, fine art paint

Post-money valuation ⓘ
$13.6M
As of Apr 2023 · from Reg CF Offering (2022) · pre-money + amount raised, not a traded price
Total raised
$86,984
Across 1 round since 2022
Latest share price
$1.65
Reg CF · Common Stock · Nov 2022 offering price

Financials

FY2020–FY2023 · from SEC filings · hover any figure for its source
$0
−$50K
2020
$812
−$153K
2021
$7K
−$231K
2022
$74K
−$190K
2023
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2020 reviewed
FY2021 reviewed
FY2022 unaudited
FY2023 unaudited
Income statement
Revenue
$0
$812
$6,767
$74,135
Cost of goods sold
$14,890
$4,093
$4,562
$39,764
Gross margin
—
-404%
33%
46%
Net income
-$49,534
-$153,484
-$231,121
-$189,943
Taxes paid
$0
$0
$0
$0
Balance sheet
Cash
$1,437
$10,691
$28,496
$691
Accounts receivable
$0
$0
$0
$2,119
Total assets
$1,437
$10,691
$105,191
$61,631
Short-term debt
$0
$2,858
$0
$0
Long-term debt
$0
$50,000
$240,000
$290,000
Total liabilities
$0
$52,858
$240,000
$290,000
Other
Headcount
—
2
—
2

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
$13.5M
pre-money
Reg CF · Common · Nov 2022

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

Fundraising history

Raised $87K / $1.2MInvestors 47Post-money $13.6M

Team

3 people
Jason RossFounder
Chief Operating Officer

Jason resides in Temecula, California. His career started in the technology space with Southland Micro where he led sales initiatives in the memory and chip manufacturing space. Jason's early success in the southern California market led to opportunities to develop new business in Europe. Jason was instrumental in securing business with Apple, Dell and others. Nearly twenty years ago, Jason left corporate sales and launched Quality Network Components, a company created to program and sell network technology to international telecommunications companies. With a strong background in developing inventory controls and process flow, Jason has been instrumental in setting up systems internally to manage Encore’s platform partners. Jason is an investor in Encore.

Jeff WallaceFounder
Chief Business Development Officer

Jeff resides in the Bay Area and works with global startup ecosystems and entrepreneurs. He’s an Adjunct Instructor for Entrepreneurship & Innovation at UC Berkeley and co-founder of Silicon Valley in Your Pocket, a global virtual startup accelerator serving 100s of companies across 30+ countries. He is an angel investor with equity positions in 180+ companies and advisor & investor at Berkeley SkyDeck. He is an Executive Board Member for the Rutgers Business School Road to Silicon Valley Program. He worked at Cognizant & Brillio as Global Head for Mobility & UX practices. He is a keynote speaker at global tech & startup events. He holds a BA in Economics / Finance from Rutgers College & an MBA from UC Berkeley.

Steve RossFounder
President

Steve resides in Laguna Beach, California and has spent over thirty years in primarily early-stage opportunities. His background in coatings and product design have led him into co-founding several companies that created product that mitigated labor and environmental impacts. Steve successfully co-founded and managed OLP, Inc. While running OLP he managed a seven-year product development cycle with a national rollout into John Deere Landscapes and several other national chains which lead the team to a successful acquisition by Headwaters, Inc. The product and processes he designed are still driving revenue and profit while improving the impact on the environment. He has spent nearly eight years testing and developing the “created with Encore” family of products.

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

Reg CF annual-report compliance

Not requiredFewer than 300 holders of record

Filed 1 of 4 annual reports (FY2022–FY2025)

47 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-ARMay 23, 20240001665160-24-000905
    EDGAR
  • Form C-UApr 19, 20230001665160-23-000659
    EDGAR
  • Form C/AMar 13, 20230001665160-23-000403
    EDGAR
  • Form C/AFeb 7, 20230001665160-23-000192
    EDGAR
  • Form CNov 2, 20220001665160-22-002852
    EDGAR
Source: ManualCIK 0001952782DEShare price $1.65

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.