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Felt & Fat LLC

Operating

Philadelphia, PA

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Latest valuation
—
No round has disclosed a priced valuation or cap.
Total raised
$0
Across 1 round since 2025

Financials

FY2022–FY2023 · from SEC filings · hover any figure for its source
$1.2M
−$756K
2022
$2.0M
−$267K
2023
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2022
FY2023
Income statement
Revenue
$1,216,987
$1,983,944
Cost of goods sold
$275,898
$328,798
Gross margin
77%
83%
Net income
-$755,925
-$267,395
Taxes paid
$0
$91
Balance sheet
Cash
$386,031
$165,096
Accounts receivable
$40,973
$162,238
Total assets
$931,380
$1,260,266
Short-term debt
$98,762
$155,259
Long-term debt
$1,241,649
$1,781,433
Total liabilities
$1,340,411
$1,936,692
Other
Headcount
—
24

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; no pill means the filing didn’t state one. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Fundraising history

Reg CF Offering (2025)ClosedReg CF · SAFE · via WeFunder
Raised $0 / $124K

Team

1 person
Nate MellFounder
Founder / CEO

Names and titles as disclosed on SEC Form C. Bios and photos come from the platform campaign page and may be out of date.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

Not obligated

never closed a Reg CF raise

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

SEC filings

  • Form C/AApr 29, 20250001670254-25-000481
    EDGAR
  • Form CFeb 3, 20250001670254-25-000048
    EDGAR
Source: SEC EDGARCIK 0002053629PALast synced Aug 17, 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.