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Linen
OperatingLinen Mobile, Inc.
Fintech · Founded 2018
Build wealth with the ownership economy
Valuation cap ⓘ
$19.8M
As of Oct 2021 · from Linen Crowd SAFE 2 (2021-02-27) · a SAFE/note conversion ceiling, not a priced valuation
Total raised
$4,552,910
Across 2 rounds since 2019
Latest share price
$1.00
Linen Crowd SAFE 2 (2021-02-27) offering price
Financials
FY2017–FY2021 · from SEC filings · hover any figure for its source$0
2017
$0
−$318K
2018
$998
−$350K
2019
$0
−$428K
2020
$0
−$963K
2021
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2017
FY2018
FY2019
FY2020
FY2021
Income statement
Revenue
$0
$0
$998
$0
$0
Cost of goods sold
$0
$0
$0
$0
$0
Gross margin
—
—
100%
—
—
Net income
$0
-$317,804
-$349,622
-$428,144
-$962,848
Taxes paid
$0
$0
$0
$0
$0
Balance sheet
Cash
$0
$248,000
$225,251
$81,578
$3,025,979
Accounts receivable
$0
$0
$0
$0
$0
Total assets
$0
$675,115
$637,106
$595,357
$3,545,964
Short-term debt
$0
$68,819
$66,628
$78,364
$280,785
Long-term debt
$0
$0
$0
$0
$0
Total liabilities
$0
$68,819
$66,628
$59,091
$280,785
Other
Headcount
—
2
2
2
2
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; no pill means the filing didn’t state one. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.
Valuation over rounds
Post-money = pre-money + amount raised · caps marked$19.8M
Valuation cap
Linen Crowd SAFE 2 (2021-02-27)
A dashed amber step is a SAFE/note valuation cap — a conversion ceiling agreed for that instrument, not a priced valuation of the company. Steps are not comparable across bases.
Fundraising history
Raised $4.5M / $1.1MInvestors 4,907Valuation cap $19.8M
Raised $24.5K / $300KInvestors 2,081
Reg CF annual-report compliance
Not requiredFiled Form C-TR (terminated reporting)
Filed 2 of 7 annual reports (FY2019–FY2025)
4,907 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 12 filings on EDGARSource: ManualCIK 0001792508Share price $1.00
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.