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FTN Network

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FTN Network Group Inc

Software & AI · Founded 2022

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Fantasy sports, sports betting, and sports data subscription B2C & B2B

Valuation cap ⓘ
$14.5M
As of Jan 2023 · from Reg CF Offering (2022) · a SAFE/note conversion ceiling, not a priced valuation
Total raised
$1,634,100
Crowd $34K · Private $1.6M · 4 rounds since 2021
Latest share price
$16,666.6667
Rule 506(b) · Preferred Stock · Jan 2021 offering price

Financials

FY2020–FY2021 · from SEC filings · hover any figure for its source
$378K
−$450K
2020
$1.2M
−$876K
2021
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2020 reviewed
FY2021 reviewed
Income statement
Revenue
$377,757
$1,198,084
Cost of goods sold
$578,766
$1,355,865
Gross margin
-53%
-13%
Net income
-$450,035
-$875,719
Taxes paid
$0
$0
Balance sheet
Cash
$38,917
$58,116
Accounts receivable
$38,917
$48,614
Total assets
$93,660
$107,443
Short-term debt
$224,970
$409,552
Long-term debt
$1,225
$0
Total liabilities
$226,195
$409,552
Other
Headcount
—
0

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
$14.5M
Valuation cap
Reg CF · SAFE · Dec 2022

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

Fundraising history

Reg CF · SAFE · Dec 2022Closedvia SeedInvest
Raised $34.1K / $1.2MValuation cap $14.5M
Section 4(a)(2) · SAFE · Aug 2022Closed
Raised $220K
Section 4(a)(2) · Preferred Stock · Jan 2022Closed
Raised $875K

Team

2 people
Kevin Adams
CEO
Stefano Vaccarino
CMO

Names and titles as disclosed on SEC Form C. Bios and photos come from the platform campaign page and may be out of date.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 0 of 4 annual reports (FY2022–FY2025)

Missing: 2022, 2023, 2024, 2025

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

SEC filings

  • Form C-UFeb 16, 20230001957232-23-000001
    EDGAR
  • Form CDec 9, 20220001957232-22-000001
    EDGAR
Source: ManualCIK 0001957232Share price $16,666.6667

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.