Crowdonomics
WatchlistPortfolio
All companies
Ernest Supplies logo

Ernest Supplies

Operating

Ernest Supplies, LLC

Beauty & Fashion · Founded 2009

Visit website

Omnichannel skincare brand redefining clean, sustainable, and inclusive products.

Valuation cap ⓘ
$5.0M
As of Jul 2021 · from Reg CF Offering (2021) · a SAFE/note conversion ceiling, not a priced valuation
Total raised
$57,600
Across 1 round since 2021

Financials

FY2019–FY2020 · from SEC filings · hover any figure for its source
$152K
−$29K
2019
$94K
−$29K
2020
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2019 reviewed*
FY2020 reviewed*
Income statement
Revenue
$152,461
$93,526
Cost of goods sold
$21,708
$13,788
Gross margin
86%
85%
Net income
-$29,278
-$28,677
Taxes paid
$0
$0
Balance sheet
Cash
$12,264
$6,434
Accounts receivable
$13,055
$5,056
Total assets
$54,434
$42,176
Short-term debt
$156,949
$101,567
Long-term debt
$0
$63,386
Total liabilities
$156,949
$164,953
Other
Headcount
—
1

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
$5.0M
Valuation cap
Reg CF · Note · May 2021

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

Cap table

Principal holders% as the filing states it, Apr 30, 2021

  • John L. Cafarelli95.0%of company
  • John F. Cafarelli2.5%of company
  • Linda M. Cafarelli2.5%of company

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

Reg CF · Convertible Note · May 2021Closedvia SeedInvest
Raised $57.6K / $1.1MValuation cap $5M

Team

2 people
John CafarelliFounder
Co-Founder & President
Luigi BiancoFounder
Co-Founder & Vice President

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

Delinquent

Filed 0 of 5 annual reports (FY2021–FY2025)

Missing: 2021, 2022, 2023, 2024, 2025

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

SEC filings

  • Form CApr 30, 20210001856663-21-000001
    EDGAR
Source: ManualCIK 0001856663

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.