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Fluent Forever

Operating

Fluent Forever Inc.

Industrial & Manufacturing · Chicago, IL · Founded 2018

Learn a new language in 6 months---based on a national bestseller

Valuation cap ⓘ
$35.0M
As of Oct 2022 · from Reg CF Offering (2022) · a SAFE/note conversion ceiling, not a priced valuation
Total raised
$12,709,668
Crowd $537K · Private $12.2M · 14 rounds since 2018
Latest share price
$0.4013
Rule 506(b) · Preferred Stock · Jun 2019 offering price

Financials

FY2016–FY2024 · from SEC filings · hover any figure for its source
$1.7M
$110K
2017
$1.0M
−$618K
2018
$513K
−$1.5M
2019
$1.1M
−$1.8M
2020
$1.9M
−$2.2M
2021
$2.1M
−$1.5M
2022
$1.5M
$175K
2023
$1.0M
−$61K
2024
RevenueNet income — beside revenue when positive, below the line when a loss

Chart shows the most recent 8 fiscal years; 1 earlier year is in the table below.

Metric
FY2016 reviewed*
FY2017 reviewed*
FY2018
FY2019
FY2020
FY2021 unaudited
FY2022 unaudited
FY2023 unaudited
FY2024 unaudited
Income statement
Revenue
$0
$1,668,231
$1,030,887
$512,971
$1,093,166
$1,870,617
$2,115,452
$1,497,366
$1,026,900
Cost of goods sold
$0
$18,298
$546,728
$84,489
$223,815
$375,641
$736,397
$430,403
$346,966
Gross margin
—
99%
47%
84%
80%
80%
65%
71%
66%
Net income
$0
$110,276
-$617,772
-$1,513,147
-$1,835,193
-$2,174,548
-$1,491,048
$175,316
-$61,164
Taxes paid
$0
$0
$0
$0
$0
$0
$0
$5,342
$0
Balance sheet
Cash
$0
$731,331
$778,323
$638,509
$1,865,893
$876,705
$148,653
$238,099
$168,487
Accounts receivable
$0
$0
$0
$0
$0
$0
$15,340
$15,340
$0
Total assets
$0
$731,330
$841,767
$638,509
$2,678,165
$1,713,985
$979,636
$992,300
$831,899
Short-term debt
$0
$552,750
$8,942
$147,080
$501,627
$658,362
$522,063
$254,486
$254,847
Long-term debt
$0
$0
$0
$0
$337,839
$232,166
$242,175
$237,199
$240,895
Total liabilities
$0
$552,750
$8,942
$147,080
$839,466
$890,528
$764,238
$491,685
$495,742
Other
Headcount
—
6
—
15
11
5
2
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

Valuation caps on SAFE / convertible note rounds
$35.0M
Valuation cap
Reg CF · SAFE · Jul 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

$1.6714$0.8357$0.4013
May 2018Jun 2019
Round offering price or verified disclosed saleDisclosed sale, unverified or year-onlyDown round · May 2018 (-76%)

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.

Cap table

Share counts as of Dec 31, 2021
ClassOutstandingVotes / shareShare of totalLast price
Preferred Stockpreferred3,594,519—100.0%$0.4013Jun 2019

Principal holders% as the filing states it, May 4, 2022

  • Gabriel Wyner33.3%of company
  • Everyone else (not named in filings)66.7%

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 · SAFE · Jul 2022Closedvia Republic
Raised $295.3K / $5MInvestors 378Valuation cap $35M
Raised $45KInvestors 2
Raised $5MInvestors 45
Raised $100KInvestors 2
Raised $1.5MInvestors 2
Raised $100KInvestors 1
Reg CF · Convertible Note · Jan 2019Closedvia MICROVENTURE MARKETPLACE INC.
Raised $241.8K / $1.1M
Raised $150KInvestors 3

Team

3 people
Gabriel Wyner
Chief Executive Officer
Ashley Whitehurst
Director
Evan Walther
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

Not requiredFiled Form C-TR (terminated reporting)

Filed 6 of 8 annual reports (FY2018–FY2025)

378 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 C-TRMay 13, 20250001739450-25-000005
    EDGAR
  • Form C-ARMay 9, 20250001739450-25-000003
    EDGAR
  • Form C-ARApr 30, 20240001739450-24-000001
    EDGAR
  • Form C-ARMay 1, 20230001739450-23-000001
    EDGAR
  • Form C-UOct 12, 20220001739450-22-000011
    EDGAR
  • Form CJul 6, 20220001739450-22-000009
    EDGAR
  • Form C-TRMay 6, 20220001739450-22-000007
    EDGAR
  • Form C-ARMay 4, 20220001739450-22-000005
    EDGAR
Source: ManualCIK 0001739450DEShare price $0.4013

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.