Gemio

Operating

Loop Devices, Inc

Retail & Consumer · Seattle, WA · Founded 2014

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Smart band that syncs with the music and connects you with other fans

Valuation cap ⓘ

$10.0M

As of Sep 2018 · from Reg CF Offering (2018) · a SAFE/note conversion ceiling, not a priced valuation

Total raised

Across 1 round since 2018

Financials

FY2015–FY2016 · from SEC filings · hover any figure for its source

−$2.3M

2015

$292K

−$2.4M

2016

RevenueNet income — beside revenue when positive, below the line when a loss

Metric

FY2015 reviewed*

FY2016 reviewed*

Income statement

Revenue

$291,997

Cost of goods sold

$254,585

Gross margin

—

13%

Net income

-$2,266,575

-$2,422,983

Taxes paid

Balance sheet

Cash

$99,541

$424

Accounts receivable

$5,596

Total assets

$368,764

$319,488

Short-term debt

$890,480

$939,858

Long-term debt

$43,655

$124,556

Total liabilities

$934,135

$1,064,414

Other

Headcount

—

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

$10.0M

Valuation cap

Reg CF · SAFE · Mar 2018

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 · Mar 2018Closedvia WeFunder

Raised $0 / $1.1MValuation cap $10M

Team

3 people

Michael BettuaFounder

CEO & Co-founder

Michael Emoff

Roared member

James Wood

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Names and titles as disclosed on SEC Form C. Bios and photos come from the platform campaign page and may be out of date.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

never closed a Reg CF raise

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

SEC filings

Form CMar 26, 20180001670254-18-000097
EDGAR

Source: ManualCIK 0001733785DE

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.