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HPEC

Operating

HPEC, Inc.

Software & AI · Miami, NY · Founded 2019

HPEC Digital passports to professional freedom. For Physicians, By Physicians

Post-money valuation ⓘ
$22.0M
As of Oct 2023 · from Reg CF Offering (2023) · pre-money + amount raised, not a traded price
Total raised
$1,094,636
Crowd $815K · Private $280K · 5 rounds since 2020
Latest share price
$0.19
Reg CF · Class A Common Stock · Jul 2023 offering price

Financials

FY2018–FY2022 · from SEC filings · hover any figure for its source
$0
2018
$0
−$23K
2019
$0
2020
$0
2021
$0
−$239K
2022
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2018 reviewed
FY2019 reviewed
FY2020
FY2021
FY2022 reviewed
Income statement
Revenue
$0
$0
$0
$0
$0
Cost of goods sold
$0
$0
$0
$0
$0
Net income
$0
-$22,514
$0
$0
-$238,592
Taxes paid
$0
$0
$0
$0
$0
Balance sheet
Cash
$0
$106,329
$387,289
$145,277
$46,152
Accounts receivable
$0
$0
$0
$0
$0
Total assets
$0
$106,329
$412,672
$174,910
$46,152
Short-term debt
$0
$0
$0
$0
$9,997
Long-term debt
$0
$0
$0
$0
$0
Total liabilities
$0
$0
$0
$0
$9,997
Other
Headcount
—
0
—
1
10

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
$6.0M
pre-money
$21.5M
pre-money
Reg CF · Common · May 2020
Reg CF · Class A Common · Jul 2023

Blue bars are the pre-money valuation the company stated for a priced round.

Share price over rounds

log scale
$0.19$0.0044$0.0001
Mar 2020Jul 2023
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, and each class is drawn as its own line.

Cap table

Principal holders% as the filing states it, Jul 31, 2023

  • Owned Leah Christine100,000,000 Class B Common Stock98.7%of company

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 $359.8K / $618KInvestors 307Post-money $22M
Raised $454.9K / $1.1MInvestors 391Post-money $6.5M

Team

1 person
Leah Christine HoustonFounder
Founder | CEO | Head of Product | Sole Director

Leah Houston, MD practiced emergency medicine across the US for nearly 10 years before becoming an entrepreneur in the physician autonomy and digital privacy space. She worked in 11 different health systems and 3 different states. During that time she experienced multiple times first-hand what all physicians experience: the administrative burden of the onboarding and credentialing process. That experience led her to start HPEC, a digital identity and credential data wallet for practicing physicians that will automate workforce mobility and improve patient access to physician talent. The HPEC wallet is a decentralized identity application now available on the iOS and Google Play stores that makes the physician the primary source of ownership and control of their professional credentials, data, and right to work. We also developed Evercred; a separate and interoperable credential and authentic data issuing and verification system. Evercred and HPEC are built on open decentralized identity standards and are therefore Interoperable but not interdependent. Our system can interop with any other decentralized identity standards based system and are in beta and available for pilot projects.

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

Reg CF annual-report compliance

Delinquent

Filed 1 of 6 annual reports (FY2020–FY2025)

Missing: 2020, 2022, 2023, 2024, 2025

391 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-UNov 7, 20230001665160-23-001906
    EDGAR
  • Form C/AJul 31, 20230001665160-23-001586
    EDGAR
  • Form CJul 31, 20230001665160-23-001580
    EDGAR
  • Form C-ARMar 13, 20230001477932-23-001449
    EDGAR
  • Form C-UMar 13, 20230001477932-23-001457
    EDGAR
  • Form C/AAug 17, 20200001780439-20-000051
    EDGAR
  • Form C/AMay 13, 20200001780439-20-000024
    EDGAR
  • Form CMay 13, 20200001780439-20-000021
    EDGAR
Source: ManualCIK 0001811703DEShare price $0.19

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.