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Light Phone Inc.

Operating

Retail & Consumer · Brooklyn, NY

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Latest valuation
—
No round has disclosed a priced valuation or cap.
Total raised
$14,516,477
Crowd $50K · Private $14.5M · 4 rounds since 2017

Financials

FY2015–FY2018 · from SEC filings · hover any figure for its source
$2K
−$661K
2015
2016
$2K
−$2.5M
2017
$1.1M
−$1.2M
2018
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2015 reviewed*
FY2016 reviewed*
FY2017 unaudited
FY2018 unaudited
Income statement
Revenue
$1,859
—
$1,809
$1,104,721
Cost of goods sold
$0
—
$0
$0
Gross margin
100%
—
100%
100%
Net income
-$660,795
—
-$2,488,214
-$1,154,769
Taxes paid
$0
—
$0
$921,673
Balance sheet
Cash
$66,425
—
$141,418
$67,930
Accounts receivable
$0
—
$0
$0
Total assets
$66,425
—
$722,218
$152,453
Short-term debt
$10,000
—
$0
$0
Long-term debt
$300,000
—
$3,015,000
$3,505,000
Total liabilities
$310,000
—
$3,015,000
$3,505,000
Other
Headcount
—
4
—
4

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”.

Cap table

Principal holders% as the filing states it, Apr 30, 2018

  • Joseph Hollier30.3%of company
  • Kaiwei Tang30.3%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

Rule 506(b) · Equity · Mar 2025Closed
Raised $2MInvestors 4
Rule 506(b) · Equity · Mar 2020Closed
Raised $12.5MInvestors 70
Reg CF · SAFE · Aug 2017Closedvia Republic
Raised $50.2K / $428K
Reg CF · SAFE · Jul 2017Closedvia Republic
Raised $0 / $107K

Team

2 people
Kaiwei Tang
CEO, Director, Treasurer and Secretary
Joseph Hollier
President

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 requiredFewer than 300 holders of record

Filed 1 of 9 annual reports (FY2017–FY2025)

70 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

View all 10 filings on EDGAR
  • Form DApr 7, 20250001710903-25-000003
    EDGAR
  • Form D/ADec 5, 20230001710903-23-000001
    EDGAR
  • Form D/AMar 10, 20220001710903-22-000001
    EDGAR
  • Form DApr 6, 20200001710903-20-000001
    EDGAR
  • Form C-ARApr 30, 20180001710903-18-000001
    EDGAR
  • Form C-UOct 11, 20170001710903-17-000007
    EDGAR
  • Form C/ASep 15, 20170001710903-17-000006
    EDGAR
  • Form C-UAug 25, 20170001710903-17-000005
    EDGAR
Source: SEC EDGARCIK 0001710903DELast synced Aug 17, 2026

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.