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Loftie

Operating

Loftie, Inc

Retail & Consumer · Product · New York, NY · Founded 2018

Innovative products to help people rest, relax and recharge

Post-money valuation ⓘ
$30.1M
As of Feb 2023 · from Reg CF Offering (2022) · pre-money + amount raised, not a traded price
Total raised
$40,094
Across 1 round since 2022
Latest share price
$3.38
Reg CF · Common Stock · Oct 2022 offering price

Financials

FY2020–FY2021 · from SEC filings · hover any figure for its source
$726K
−$871K
2020
$2.5M
−$775K
2021
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2020 reviewed*
FY2021 reviewed*
Income statement
Revenue
$725,730
$2,512,892
Cost of goods sold
$510,140
$1,180,280
Gross margin
30%
53%
Net income
-$870,635
-$775,094
Taxes paid
$0
$0
Balance sheet
Cash
$53,530
$416,131
Accounts receivable
$0
$68,463
Total assets
$102,032
$1,007,376
Short-term debt
$801,974
$2,681,453
Long-term debt
$700,000
$500,000
Total liabilities
$1,501,974
$3,181,453
Other
Headcount
—
6

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
$30.0M
pre-money
Reg CF · Common · Oct 2022

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

Fundraising history

Raised $40.1K / $1.2MInvestors 77Post-money $30.1M

Team

4 people
Matthew HassettFounder
Founder / CEO

Matt began working on the project that eventually became Loftie at the design firm IDEO where he was an Entrepreneur in Residence. Before founding Loftie, Matt worked in communications, policy, and program design at the Center for NYC Neighborhoods, Morgan Stanley’s Global Sustainable Finance group, and the City of New York. Matt is a graduate of Brown University and the Harvard Kennedy School

Matthew Melton Hassett
CEO, Principal Executive Officer and Director, Principal Financial Officer and Principal Accounting Officer
Lauren Suiter
Chief Product Officer

Lauren has a BA from Brown University and a MFA in Transdisciplinary Design from Parsons School of Design. She spent three years at the Center for NYC Neighborhoods, a homeownership nonprofit, in the communications department. Lauren specialized their MFA in human centered design and product development.

Lindsay Tyrpien
Chief Creative Officer

Lindsay is a creative executive with 10 years of experience in the design industry. Past experience includes IDEO, Christie’s, and Ralph Lauren.

Names and titles as disclosed on StartEngine, 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 4 annual reports (FY2022–FY2025)

Missing: 2022, 2023, 2024, 2025

77 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-UFeb 21, 20230001665160-23-000277
    EDGAR
  • Form C/AJan 13, 20230001665160-23-000073
    EDGAR
  • Form COct 19, 20220001665160-22-002789
    EDGAR
Source: ManualCIK 0001949770DEShare price $3.38

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.