EVONSYS

Operating

Evonsys, Inc.

Software & AI · B2B · Founded 2015

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Digitize and automate enterprise businesses with low-code platforms

Valuation cap ⓘ

$18.0M

As of Apr 2022 · from Reg CF Offering (2022) · a SAFE/note conversion ceiling, not a priced valuation

Total raised

$2,854,828

Crowd $1.6M · Private $1.3M · 5 rounds since 2022

Latest share price

$1.20

Reg CF · Preferred Stock · Jul 2024 offering price

Financials

FY2019–FY2024 (no data for FY2021) · from SEC filings · hover any figure for its source

$8.2M

−$246K

2019

$14.6M

$3.3M

2020

2021no data

$18.5M

$1.3M

2022

$21.2M

$1.7M

2023

$31.3M

$1.9M

2024

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

Metric

FY2019 audited

FY2020 audited

FY2022 audited*

FY2023 audited*

FY2024

Income statement

Revenue

$8,233,363

$14,643,323

$18,522,649

$21,180,518

$31,294,857

Cost of goods sold

Gross margin

100%

Net income

-$245,862

$3,259,121

$1,250,601

$1,659,561

$1,919,144

Taxes paid

$30,891

$24,685

$196,274

Balance sheet

Cash

$372,862

$1,883,878

$5,521,105

$2,435,327

$3,244,436

Accounts receivable

$1,287,770

$2,765,186

$6,858,441

$4,451,748

$5,570,357

Total assets

$1,821,259

$5,359,184

$13,441,583

$10,344,205

$12,053,013

Short-term debt

$1,091,886

$1,915,071

$2,132,805

$2,019,584

Long-term debt

Total liabilities

$1,091,886

$1,915,071

$2,132,805

$2,019,584

Other

Headcount

—

275

—

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

$18.0M

Valuation cap

Reg CF · SAFE · Feb 2022

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

Share price over rounds

$1.20$0.60$0.80

Aug 2022Aug 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, and each class is drawn as its own line.

Fundraising history

Reg CF · Preferred Stock · Jul 2024Closedvia DealMaker

Raised $371.8K / $1.2MInvestors 128

Rule 506(c) · Equity · Nov 2022Closed

Raised $25KInvestors 1

Section 4(a)(2) · Series B Preferred Stock · Nov 2022Closed

Raised $205K

Section 4(a)(2) · Regulation CF Series B Preferred Stock · Aug 2022Closed

Raised $1M

Reg CF · SAFE · Feb 2022Closedvia WeFunder

Raised $1.2M / $1.1MInvestors 380Valuation cap $18M

Team

4 people

/s/ Arunkumar Madras Subramanian

Chief Executive Officer

/s/ Nishadha Anushan Fonseka

Director

/s/ Prasanna Sai Raja Ratna Sai

Director

/s/ Punnaivanam Paramasivan

Director

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 1 of 5 annual reports (FY2021–FY2025)

Missing: 2021, 2022, 2023, 2025

380 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-UMay 13, 20250001062993-25-009225
EDGAR
Form C-ARApr 30, 20250001062993-25-008222
EDGAR
Form C/ADec 10, 20240001062993-24-020287
EDGAR
Form CJul 10, 20240001062993-24-013625
EDGAR
Form DDec 15, 20220001870766-22-000002
EDGAR
Form CFeb 7, 20220001670254-22-000129
EDGAR

Source: ManualCIK 0001870766Share price $1.20

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.