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fouRy Inc.

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fouRy, Inc.

Technology · Albuquerque, NM · Founded 2016

Simply the world's best spray technology

Post-money valuation
$12.2M
As of Nov 2022 · from fouRy Inc. Common Stock 1 · pre-money + amount raised, not a traded price
Total raised
$99,715
Across 1 round since 2022
Latest share price
$2.15
fouRy Inc. Common Stock 1 offering price

Financials

FY2020–FY2025 · from SEC filings · hover any figure for its source
$180K
−$134K
2020
$26K
−$259K
2021
$30K
−$302K
2022
$0
−$294K
2023
$0
−$309K
2024
$0
−$294K
2025
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Income statement
Revenue
$179,851
$25,829
$29,842
$0
$0
$0
Cost of goods sold
$116,009
$53,394
$53,320
$10,191
$0
$0
Gross margin
35%
-107%
-79%
Net income
-$134,490
-$258,557
-$301,726
-$294,135
-$308,727
-$293,936
Taxes paid
$0
$0
$0
$0
$0
$0
Balance sheet
Cash
$5,283
$6,097
$16,330
$14,753
$8,588
$2,075
Accounts receivable
$21,000
$0
$7,396
$110
$0
$110
Total assets
$26,974
$33,537
$47,725
$89,222
$30,810
$23,776
Short-term debt
$101,385
$68,600
$276,441
$559,164
$858,178
$1,144,231
Long-term debt
$15,176
$0
$0
$0
$0
$0
Total liabilities
$116,561
$68,600
$276,441
$559,164
$858,178
$1,144,231
Other
Headcount
4
4
4
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; 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”.

Valuation over rounds

Post-money = pre-money + amount raised · caps marked
$12.2M
post-money
fouRy Inc. Common Stock 1

A dashed amber step is a SAFE/note valuation cap — a conversion ceiling agreed for that instrument, not a priced valuation of the company. Steps are not comparable across bases.

Fundraising history

fouRy Inc. Common Stock 1ClosedReg CF · Common Equity · via StartEngine
Raised $99.7K / $1.1MInvestors 92Post-money $12.2M

Team

8 people
Arnold KellyFounder
Director and Chief Technology Officer

Dr. Kelly is a co-founder and Chief Technical Officer of 4Ry, Inc. and has been with 4Ry since 2016. He invented and patented the Spray Triode Atomizer and Charge Injected Precision Spraying. Dr. Kelly received his ME in Mechanical Engineering, with honors, from Stevens Institute of Technology in 1955. He received his MS in Mechanical Engineering from UCLA in 1958 and his PhD from Cal Tech in 1965. He has worked at North American-Rockwell’s Rocketdyne Division, the Caltech-Jet Propulsion Laboratory, Exxon’s Corporate Research Laboratory, and was a full professor at Princeton University’s Department of Mechanical and Aerospace Engineering as a Senior Research Scholar. He was CTO at ZYW from 1983 until 2016. At 4Ry, he tests and improves the Charge-Injected Spraying technologies he has invented and adapts them to different applications, develops new technologies and applications, and works with technology specialists at 4Ry’s commercial, agricultural, industrial, academic, and government partners.

Robert Allen Gore
Chairman of the Board of Directors, CEO

Robert received his Bachelor of Arts in political science and economics from UCLA in 1980. He graduated Summa Cum Laude and Phi Beta Kappa, with honors in both majors. He received an MBA and JD from UC Berkeley. He is an inactive member of the California Bar Association. He worked at Prudential Securities, Los Angeles, as a bond trader and manager of the West Coast Regional Municipal Bond Desk, and at Crowell, Weedon & Co. as a bond trader, Director of Fixed Income and Proprietary Trading, and Member of the Executive Committee. He joined 4Ry in 2016 as Vice President of Agricultural Applications and became CEO in February of 2020. He is responsible for finance, legal affairs, commercializing Charge-Injected Precision Spraying technologies developed by Dr. Arnold Kelly and developing relationships with industrial, academic, financial, agricultural, and government partners.

Mark Akimoto
Director and Vice President

Mark has worked for a variety of companies, including Honeywell, Rittal Corp., Kinetic Systems, Meggitt Aerospace/Endevco, Kistler Corp., PCB Piezotronics, Bruel and Kjaer, AKM Tech., and Applied Innovation Group. He has also owned his own Technical Rep Company. His range of responsibilities has been in technical field sales, sales management, field service and management, applications engineering, and system integration. He joined 4Ry in 2017, where he is responsible for contract manufacturing, system integration, technical marketing, distribution, logistics, and design.

Scott Kelly
Chief Operating Officer

Scott received his Bachelor of Engineering in mechanical engineering from the Stevens Institute of Technology in 1981. He received an MBA in strategic management from Pace University in 1987. He is a member of the American Society of Mechanical Engineers. He has worked for Princeton Infrared Technologies, Prescription Advisory Systems and Technology, Princeton Scientific Instruments, Charged Injection Technologies, and United Silicon Carbide. He joined 4Ry in 2016. He was with United Silicon Carbide until 2021, when it was bought by Qorvo, Inc. Since then he has been a consultant for Qorvo. As 4Ry's Chief Operating Officer he is responsible for banking, finance, accounting, contracts administrtion, and payroll. He also works with Dr. Kelly to develop Charge-injection technologies.

Claudia Franco Kelly
Director

Claudia earned a Bachelor of Science in business and a Master of Business Administration from Pace University. She spent most of her career at the Federal Reserve Bank of New York, where her capstone role was Deputy Chief Operating Officer of the Supervision Group. She directed the Strategy and Risk Governance Office, supporting a 775-person enterprise whose focus was on operations, performance management, compliance, and risk management. Currently she is a principal at Fieldston Associates, which guides organizations to maximize operational effectiveness and comply with best practices. Claudia is a Member of the Board of Trustees and Chair of the Governance Committee at Princeton-Blairstown Center. She is also a Member of the Board of Trustees, as well as of the Audit and Risk Management and the Planning Committees at HomeFront, an organization dedicated to ending homelessness and promoting self-sufficiency.

Gary Roling
Director

Gary is a major individual 4Ry shareholder and informally provides consultation and advice to 4Ry’s management. An Army veteran, he grew up and was educated in Iowa. He received his undergraduate and Masters of Business Administration from the University of Northern Iowa. He spent 13 years in accounting and finance at John Deere. He then moved to J-TEC Associates (j-tecassociates.com), a Cedar Rapids-based manufacturer of specialized flow meters, where he was the President and owner. He sold J-TEC at the end of 2020 and retired at the end of 2021. He is an active venture investor in startup companies and venture capital funds.

James Dong
Director

Dr. Dong is the CEO of EAVision Corporation in Pleasanton, California, (eavisiontech.com). He received his PhD in Electrical Engineering at CREOL Optical Center at the University of Central Florida, his MS at Jilin University, and is an expert in the fields of optics and machine vision. He has worked at LuxNet Corp., where he was the vice president, Agility Comm, and JDSU. He also founded IITECH and co-founded New Vision Science and Technology Co. EAVision manufactures agricultural drones for inspection and spraying, mist spraying systems, and a ground-based crop protection vehicle. The company is both a customer of and investor in 4Ry.

Michael Bowery
Director

Mike is the President of Virtual Energy in Colorado Springs, Colorado. He received a Bachelor of Science in Nuclear Engineering from the University of Michigan and held various positions at the Fermi 2 Nuclear Power Plant and DTE Energy. He has been an in-service technician, designer, engineering supervisor, Corporate Steering Committee Manager and Power Distribution Director. In 2003 he founded Eliminator Performance Products (eliminatorproducts.com), which manufactures engine components for performance and industrial big block Ford applications. Virtual Energy (ve-corp.com) works to improve engine performance and fuel efficiency utilizing camless hydraulic valve actuation technology, fuel injection systems, hydraulic pumping solutions and advanced electronic controls to reduce harmful emissions and optimize engine efficiency by customizing technology to meet clients' needs: new engine design, retrofit kits, and component enhancement. 4Ry and Virtual Energy are partners in the development of a more efficient, less polluting diesel fuel injector employing 4Ry’s charge-injected precision spraying technology and Virtual Energy’s extensive engine expertise and capabilities.

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

Reg CF annual-report compliance

Not requiredFewer than 300 holders of record

Filed 3 of 4 annual reports (FY2022–FY2025)

92 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-ARApr 29, 20260001932467-26-000002
    EDGAR
  • Form C-ARMay 14, 20240001665160-24-000850
    EDGAR
  • Form C-ARMay 3, 20230001665160-23-001187
    EDGAR
  • Form C-UNov 23, 20220001665160-22-002969
    EDGAR
  • Form CAug 17, 20220001665160-22-002227
    EDGAR
Source: ManualCIK 0001932467DEShare price $2.15

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.