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FLASH AI BY FLASH SCIENTIFIC TECHNOLOGY, INC. logo

FLASH AI BY FLASH SCIENTIFIC TECHNOLOGY, INC.

Operating

Flash Scientific Technology Inc.

Software & AI · Canton, GA · Founded 2020

Lightning Prediction Technology

Post-money valuation ⓘ
$91.3M
As of Apr 2023 · from Reg CF Offering (2023) · pre-money + amount raised, not a traded price
Total raised
$10,474,937
Crowd $1.8M · Private $8.7M · 7 rounds since 2020
Latest share price
$0.75
Reg CF · Common Stock · Feb 2023 offering price

Financials

FY2018–FY2021 · from SEC filings · hover any figure for its source
$0
2018
$0
−$3K
2019
$0
−$20K
2020
$0
−$705K
2021
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2018 reviewed*
FY2019 unaudited
FY2020 audited
FY2021 audited
Income statement
Revenue
$0
$0
$0
$0
Cost of goods sold
$0
$0
$0
$0
Net income
$0
-$2,581
-$19,905
-$705,443
Taxes paid
$0
$0
$0
$0
Balance sheet
Cash
$0
$0
$63
$658,542
Accounts receivable
$0
$0
$0
$0
Total assets
$0
$0
$63
$839,329
Short-term debt
$0
$0
$0
$5,000
Long-term debt
$0
$0
$0
$0
Total liabilities
$0
$0
$0
$5,000
Other
Headcount
—
8
2
4

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
$10.2M
pre-money
$89.8M
pre-money
$90.7M
pre-money
Reg CF · Common · Feb 2021
Reg CF · Common · Feb 2022
Reg CF · Common · Feb 2023

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

Share price over rounds

log scale
$0.75$0.1936$0.05
Sep 2020Feb 2023
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.

Fundraising history

Raised $6.3MInvestors 2
Raised $473.3K / $3MInvestors 325Post-money $91.3M
Raised $534.5KInvestors 14
Raised $252K / $3.9MInvestors 223Post-money $90.2M
Raised $1.1M / $1.1MInvestors 2,046Post-money $11.2M

Team

12 people
Jason DeeseFounder
Founder, CEO, Director

Career research meteorologist with 21 years at NOAA's National Weather Service Previously an aviation meteorologist with NetJets Aviation in Columbus, Ohio, giving precision forecasts to high profile clientele For the last 10 years, Mr. Deese forecasted for the busiest airport in the world, Atlanta Hartsfield, where he saw the potential that a lightning prediction algorithm could bring Mr. Deese forecasts thunderstorm development at these locations while also researching ways to predict initial lightning formation through analysis of the atmosphere and incorporation of observational data

James Castle
VP of Sales and CFO

Career operational meteorologist for over 33 years Began his career with the United States Air Force as a meteorologist, honorably discharged disabled veteran serving the country for 7 years Deploying worldwide to support military operations for Air Force, Army, Navy and Marines, plus was the point meteorologist in charge during the Haitian military intervention Uphold Democracy in 1994 Recently retired from NetJets, was the Chief Meteorologist and Dispatch manager spanning over 26 years, instrumental in developing the meteorology and dispatch departments

Chuck Shanklin
Strategic Advisor

Decades of experience including Artais Weather Check (the original inventor of the AWOS, the Automated Weather Observing System, and ASOS, the Automated Surface Observing System) Assisted in the family acquisition of Crestview Aerospace, turned the company into a massively successful enterprise, and later managed and facilitated the sale of Crestview Aerospace to L-3 Communications

Dylan Steinkruger
Lead AI and Machine Learning Engineer

Previously a graduate student and researcher at the Pennsylvania State University where he developed artificial intelligence applications for meteorological problems Developed the first artificial intelligence system capable of issuing tornado warnings with no “human in the loop” During his graduate studies, Mr. Steinkruger received multiple awards for his research including the 2020 John C. Wyngaard Graduate Research Award and also served in several capacities including as a lecturer for the American Meteorological Society’s short course on Machine Learning in Python for Environmental Science Problems

Mike Winston
Strategic Advisor

Mike Winston, CFA, began his career with Credit Suisse First Boston and later spent five years as a portfolio manager co-running $1B at one of the largest investment funds in the world, Millennium Partners. After leaving Millennium, Mr. Winston created the Sutton View group of companies, dedicated to forming investment partnerships on behalf of institutional and qualified investors. He has appeared on CNBC, been recognized for excellence in investing by Institutional Investor Magazine and has been quoted in the Wall Street Journal. Mr. Winston received an MBA in Finance and Real Estate from Columbia Business School in 2005, and a BA in Economics from Cornell University in 1999. Mr. Winston is a CFA Charter Holder, a board member of Blockchain Israel, and a member of the Economic Club of New York.

Will Howard
Lead Software Engineer

Software Engineer with 5+ years of experience building production-level systems and highly-scalable applications A first employee for an industrial manufacturing startup helping to automate and instrument production workflows, and create internal software tooling for production workers Undertook computational research projects for NASA’s Multi-sensor Improved Sea-Surface Temperature (MISST) project, the Utah Department of Air Quality, and data ingest for the Great Salt Lake Summer Ozone Study BS in Atmospheric Sciences from the University of Utah, emphasizing studies in mountain meteorology and air quality

Brenda Paauwe-Navori
Advisor

Provides expertise in the aviation and space industries Founder and former President of GoGo Jet Inflight Board Member of Jet Token and St. Thomas Yacht Club Foundation In addition to being on several Advisory Boards, Brenda is an aviation and aerospace veteran having sold business jets valued in aggregate at over a billion dollars She brings over 20 years of executive experience with global industry leaders including Embraer Aircraft, Inc., Flexjet by Bombardier, Virgin Group and Antilles Genot & Partners

Ehud Talmor
Advisor

Decorated, recently retired senior officer from the Israeli Air Force with over 20 years of experience in all aspects of air combat and aircraft logistics He began his career in 1995 as a fighter pilot and later, flight instructor He subsequently took on a variety of supervisory roles, including F-16 deputy squadron commander In 2007, he joined the Acquisitions Department of the Israeli Ministry of Defense and later held the position of Project Manager for three separate Air Force jet acquisition projects

George Murnane
Advisor

George Murnane is CEO of Jet Token, Inc. a leading private aviation firm that is currently developing blockchain technology for aviation use. Previously, Mr. Murnane held a number of aviation-related senior positions in management and operations (CEO / COO / CFO) at ImperialJet Europe and VistaJet (European business jet charter companies), Mesa Air Group (a US regional airline operating under contract for Delta Air Lines, United Airlines and US Airways), International Airline Support Group (a US aviation services company) and the US investment bank Merrill Lynch. He earned his Master’s in Business Administration (with Distinction) from The Wharton School and a Bachelor of Arts in Economics from the University of Pennsylvania. Mr. Murnane is also a US licensed Certified Public Accountant and a pilot with commercial, instrument and multi-engine ratings.

Show 3 more people
Greg Fell
Advisor

Provides expertise in the aviation industry and social media marketing Fell is the CEO of Tsū, a social media platform that is innovating social media and eCommerce into a platform that pays users for their content and allows them to market and sell products to their community He is the former COO of Gama Aviation, the largest managed aircraft business in the US, flies over 200 flights a day and has over 200 planes under management across the globe

J.B. Bernstein
Advisor

Provides expertise in marketing and fundraising A "Genetically Wired Entrepreneur," Bernstein has helped fund and successfully launch businesses in Packaged Goods, Trading Cards, Digital Content, Sports, TV, Supplements, Building Blocks, and New Tech As a 35+ year veteran of the sports marketing and packaged goods industries, Mr. Bernstein has been called an “Evolutionary Force Multiplier” in business, and is widely respected for his creative problem solving and positive results Bernstein’s early work includes positions with Grey Advertising, Procter & Gamble, Upper Deck, and Major League Soccer before starting his own sports agency

Ron Sandel
Advisor

Provides expertise in fundraising and overall company growth Technology business executive with over 20 years experience and has advised early stage startups from inception to IPO and acquisition Is currently the General Manager of HotelTonight, an Airbnb company, where he manages day-to-day operations with a focus on growth. He previously held executive positions at Yahoo and Chegg, where he led growth and operations from pre-IPO to a publicly traded company

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

Delinquent

Filed 2 of 6 annual reports (FY2020–FY2025)

Missing: 2022, 2023, 2024, 2025

2,046 investors
holder-count proxy

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

  • Form DDec 9, 20240001835365-24-000001
    EDGAR
  • Form C-UMay 1, 20230001665160-23-001112
    EDGAR
  • Form CFeb 16, 20230001665160-23-000262
    EDGAR
  • Form DNov 18, 20220001948773-22-000002
    EDGAR
  • Form C-UJun 16, 20220001665160-22-001809
    EDGAR
  • Form C/AMay 13, 20220001665160-22-001652
    EDGAR
  • Form C/AApr 28, 20220001665160-22-001093
    EDGAR
  • Form C-ARApr 28, 20220001665160-22-001101
    EDGAR
Source: ManualCIK 0001835365DEShare price $0.75

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.