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Launch Cart

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Launch Cart, Inc.

Industrial & Manufacturing · Founded 2019

Changing the game for entrepreneurs: The future is "OnDemand eCommerce"

Latest valuation ⓘ
$21.9M
Total raised
$281,274
Crowd $181K · Private $100K · 4 rounds since 2019
Latest share price
$1.75
Reg CF · Common Stock · Nov 2023 offering price

Financials

FY2021–FY2022 · from SEC filings · hover any figure for its source
$67K
−$975K
2021
$234K
−$983K
2022
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2021 reviewed
FY2022 reviewed
Income statement
Revenue
$66,970
$233,804
Cost of goods sold
$103,468
$25,809
Gross margin
-54%
89%
Net income
-$974,526
-$982,936
Taxes paid
$0
$0
Balance sheet
Cash
$33,845
$1,908
Accounts receivable
$900
$0
Total assets
$892,398
$744,708
Short-term debt
$462,518
$1,791,360
Long-term debt
$1,766,767
$1,676,282
Total liabilities
$2,229,285
$3,467,642
Other
Headcount
—
3

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
$19.2M
est. pre-money
Reg CF · Common · Nov 2023

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.

Cap table

Share counts as of Dec 31, 2022
Series A Preferred Stock · 2.34%Common Stock · 97.7%
ClassOutstandingVotes / shareShare of totalLast price
Series A Preferred Stockpreferred257,333—2.34%—
Common Stock10,722,600—97.7%$1.75Nov 2023
Total10,979,933100%

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 $181.3K / $1.2MEst. pre-money $19.2M
Raised $100KInvestors 1

Team

3 people
Greg Writer
Principal Executive Officer
Jeff Barnes
Principal Accounting Officer
Joshua Writer
Principal Financial Officer

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 3 annual reports (FY2023–FY2025)

Missing: 2023, 2024, 2025

1 investors
holder-count proxy

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

  • Form C-UJul 5, 20240001669191-24-000752
    EDGAR
  • Form C/AJan 11, 20240001669191-24-000067
    EDGAR
  • Form C/ADec 15, 20230001669191-23-001188
    EDGAR
  • Form C/ANov 17, 20230001669191-23-001091
    EDGAR
  • Form CNov 13, 20230001669191-23-001066
    EDGAR
  • Form DDec 2, 20200001788514-20-000001
    EDGAR
  • Form D/ADec 27, 20190001788514-19-000002
    EDGAR
  • Form DDec 20, 20190001788514-19-000001
    EDGAR
Source: ManualCIK 0001788514Share price $1.75

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.