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Lightning Clean

Operating

Lightning Clean Inc.

Industrial & Manufacturing · Eagle, ID · Founded 2022

An all-in-one washing machine

Post-money valuation ⓘ
$14.4M
As of Aug 2022 · from Reg CF Offering (2022) · pre-money + amount raised, not a traded price
Total raised
$95,726
Across 1 round since 2022
Latest share price
$2.38
Reg CF · Common Stock · Apr 2022 offering price

Financials

FY2020–FY2022 · from SEC filings · hover any figure for its source
$0
−$20K
2020
$0
2021
$49K
−$118K
2022
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2020 reviewed
FY2021 reviewed
FY2022 unaudited
Income statement
Revenue
$0
$0
$48,644
Cost of goods sold
$0
$0
$5,463
Gross margin
—
—
89%
Net income
-$20,000
$0
-$118,049
Taxes paid
$0
$0
$0
Balance sheet
Cash
$10
$0
$447
Accounts receivable
$0
$0
$0
Total assets
$1,067
$0
$1,658
Short-term debt
$20,000
$0
$124,799
Long-term debt
$0
$0
$0
Total liabilities
$20,000
$0
$124,799
Other
Headcount
—
5
5

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
$14.3M
pre-money
Reg CF · Common · Apr 2022

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

Cap table

Share counts as of Dec 31, 2022
ClassOutstandingVotes / shareShare of totalLast price
Common Stock6,000,000—100.0%$2.38Apr 2022

Principal holders% as the filing states it, Apr 28, 2022

  • Ethan Blount100.0%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 $95.7K / $1.1MInvestors 131Post-money $14.4M

Team

3 people
Ethan BlountFounder
CEO & Director

Ethan Blount, Founder and CEO, grew up around the apartment industry. Thus after being a serial entrepreneur in the software and real estate spaces, he came face to face with the physical need for an updated laundry design across the country. Especially in the apartment industry. The current machines on the market were out of date so he put his creative mind to figuring out the problem. From there, Lightning Clean was born. Blount never views a problem as unsolvable and this is an apartment industry problem that was high time for solving.

Robert Wagner
Senior Engineer

As Senior Mechanical Engineer, Robert Wagner has diligently worked to bring Lightning One to life. An Idaho native, he was born and raised in central Idaho near Sun Valley, and now lives in Boise, Idaho. He graduated from Boise State University in 2013 with a degree in mechanical engineering. Robert joined lightning Clean at the beginning of 2021, and enjoys being involved in work that also serves as a creative outlet. Outside of work, his hobbies include alpine sit skiing, mountain biking, playing guitar, composing music, and making people laugh. Despite being a paraplegic and having to use a wheelchair, he still lives a happy, productive life.

Tiffany Ellington
Senior Marketing Manager

As Senior Marketing Manager, Tiffany works to establish Lightning Clean as an industry leader. She uses her experience marketing for local, national, and international companies to highlight all that Lightning Clean has to offer. Tiffany graduated Summa Cum Laude from Arizona State University with a Bachelor of Science in Digital Audiences. When she’s not working, Tiffany enjoys staying active, reading, and serving on the board of Kids Need to Read a national non-profit dedicated to literacy.

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

Not requiredFewer than 300 holders of record

Filed 2 of 4 annual reports (FY2022–FY2025)

131 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-ARApr 21, 20230001665160-23-000699
    EDGAR
  • Form C-UAug 29, 20220001665160-22-002307
    EDGAR
  • Form C/AJul 25, 20220001665160-22-002083
    EDGAR
  • Form C-ARApr 28, 20220001665160-22-001107
    EDGAR
  • Form CApr 27, 20220001665160-22-000973
    EDGAR
Source: ManualCIK 0001924679DEShare price $2.38

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.