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Gatsby

Acquired

Gatsby Digital, Inc.

Fintech · Fintech · Founded 2018

Options trading platform for a new generation of traders

Post-money valuation ⓘ
$29.8M
As of Feb 2021 · from Reg A Offering (2020) · pre-money + amount raised, not a traded price
Total raised
$11,051,357
Crowd $4.8M · Private $6.3M · 5 rounds since 2018
Latest share price
$0.92
Reg A+ · Preferred Stock · Aug 2020 offering price

Financials

FY2019–FY2021 · from SEC filings · hover any figure for its source
$0
−$1.1M
2019
$0
−$2.0M
2020
$76K
−$4.5M
2021
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2019 audited
FY2020 audited
FY2021 audited
Income statement
Revenue
$0
$0
$76,173
Cost of goods sold
$1,017,613
—
—
Net income
-$1,085,924
-$1,974,318
-$4,473,457
Balance sheet
Cash
$1,050,838
$1,075,154
$6,063,886
Accounts receivable
$0
—
—
Total assets
$1,208,846
$2,751,711
$6,731,408
Long-term debt
$0
—
—
Total liabilities
$2,420,132
$238,527
$1,534,788
Other
Headcount
5
—
—

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
$4.3M
est. pre-money
$25.0M
pre-money
Rule 506(b) · Series Seed Preferred · Dec 2019
Reg A+ · Preferred · Aug 2020

Blue bars are the pre-money valuation the company stated for a priced round. Dotted grey bars are our estimate for rounds that didn't state one: the round's share price × the shares outstanding in its filings. Same measure as blue, but rougher.

Share price over rounds

log scale
$0.92$0.1697$0.0313
Dec 2018Aug 2020
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.

Cap table

Share counts as of Nov 17, 2020

These classes don't convert into each other and last sold at very different prices, so their share counts can't be added up into ownership percentages. Compare them by price instead.

ClassOutstandingVotes / shareLiquidationLast price
Series Seed Preferredpreferred11,651,963—1× · paid 1st$0.92Aug 2020
Common11,466,9661paid 2nd$0.0313Dec 2018

Principal holders% as the filing states it, Jul 8, 2022

  • Jeff Myers3,335,000 Common28.9%of
  • Ryan Belanger-Saleh3,335,000 Common28.9%of
  • Steven Streit2,447,463 Series Seed Preferred21.0%of Series Seed Preferred
  • Steven Streit2,447,463 Preferred21.0%of company
  • Davis Gaynes2,330,000 Common20.2%of
  • Alex Wohl1,625,866 Common14.1%of
  • Alex Wohl218,422 Series Seed Preferred1.87%of Series Seed Preferred
  • Davis Gaynes21,739 Series Seed Preferred0.19%of Series Seed Preferred

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

Raised $4.8M / $1MInvestors 2,342Post-money $29.8M
Raised $5MInvestors 45
Raised $570KInvestors 18
Raised $670KEst. pre-money $4.3M

Team

4 people
Jeff Myers
Co-Chief Executive Officer
Ryan Belanger-Saleh
Co-Chief Executive Officer
Davis Gaynes
Chief Operating Officer
Steven Streit (2)
Director

Names and titles as disclosed on SEC Form 1-A. Bios and photos come from the platform campaign page and may be out of date.

  • Form 1-UOct 19, 20220001104659-22-109938
    EDGAR
  • Form 1-ZOct 19, 20220001104659-22-109941
    EDGAR
  • Form 1-SASep 22, 20220001104659-22-102204
    EDGAR
  • Form 1-KJul 8, 20220001104659-22-078397
    EDGAR
  • Form 1-UMay 2, 20220001104659-22-054260
    EDGAR
  • Form 1-UDec 23, 20210001104659-21-152820
    EDGAR
  • Form 1-SASep 27, 20210001104659-21-119794
    EDGAR
  • Form DMay 3, 20210001815414-21-000001
    EDGAR
Source: ManualCIK 0001815414Share price $0.92

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.