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In Force Technology

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In Force Technology, Inc.

Education · Lynnfield, MA · Founded 2017

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Advanced Emergency Communication Software

Post-money valuation ⓘ
$12.0M
As of Apr 2021 · from Reg CF Offering (2021) · pre-money + amount raised, not a traded price
Total raised
$2,065,793
Crowd $33K · Private $2.0M · 3 rounds since 2021
Latest share price
$7.89
Reg CF · Common Stock · Feb 2021 offering price

Financials

FY2018–FY2019 · from SEC filings · hover any figure for its source
$167K
−$813K
2018
$374K
−$1.5M
2019
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2018 reviewed*
FY2019 reviewed*
Income statement
Revenue
$166,802
$373,632
Cost of goods sold
$62,459
$107,920
Gross margin
63%
71%
Net income
-$812,921
-$1,515,484
Taxes paid
$0
$0
Balance sheet
Cash
$174,920
$22,260
Accounts receivable
$12,900
$97,305
Total assets
$711,639
$1,369,309
Short-term debt
$336,062
$1,437,897
Long-term debt
$1,018,498
$341,829
Total liabilities
$1,354,560
$1,779,726
Other
Headcount
—
12

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
$12.0M
pre-money
Reg CF · Common · Feb 2021

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

Share price over rounds

log scale
$7.89$1.3579$0.2337
Feb 2021Feb 2021
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.

Fundraising history

Reg CF · Common Stock · Feb 2021Closedvia StartEngine
Raised $33.3K / $1.1MInvestors 61Post-money $12M
Section 4(a)(2) · Series AA Preferred Units · Feb 2021Closed
Raised $1.8M

Team

4 people
BRANDON D. FLANAGAN
President, Chief Executive Officer, Principal Executive Officer and Director
Donald B. Flanagan
Chairman of the Board
Howard Hubley
Controller, Principal Financial Officer and Principal Accounting Officer
Gio Ozkan
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

Delinquent

Filed 0 of 6 annual reports (FY2020–FY2025)

Missing: 2020, 2021, 2022, 2023, 2024, 2025

61 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-UOct 6, 20220001665160-22-002664
    EDGAR
  • Form C-UMay 3, 20210001665160-21-000880
    EDGAR
  • Form C/AMar 3, 20210001665160-21-000262
    EDGAR
  • Form CFeb 10, 20210001665160-21-000154
    EDGAR
Source: ManualCIK 0001844945MAShare price $7.89

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.