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LootMogul

Operating

NextGen TM Inc.

Sports & Recreation · Wilmington, DE · Founded 2020

Minority-founded

Athlete-led, ai-driven sports metaverse | Games, meta shops, and irl rewards

Valuation cap ⓘ
$65.0M
As of Apr 2023 · from Reg CF Offering (2023) · a SAFE/note conversion ceiling, not a priced valuation
Total raised
$2,601,287
Crowd $126K · Private $2.5M · 5 rounds since 2020
Latest share price
$0.091
Section 4(a)(2) · Series Seed Preferred Stock · Apr 2022 offering price · down round

Financials

FY2020–FY2022 · from SEC filings · hover any figure for its source
$20K
$7K
2020
$3K
−$112K
2021
$512K
−$312K
2022
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2020 reviewed
FY2021 reviewed
FY2022 reviewed
Income statement
Revenue
$19,574
$3,333
$512,425
Cost of goods sold
$0
$0
$0
Gross margin
100%
100%
100%
Net income
$7,106
-$111,771
-$311,805
Taxes paid
$1,623
$0
$0
Balance sheet
Cash
$27,839
$636,580
$384,775
Accounts receivable
$0
$0
$0
Total assets
$27,839
$636,580
$384,775
Short-term debt
$1,740
$500,000
$50,000
Long-term debt
$0
$0
$0
Total liabilities
$1,740
$500,000
$50,000
Other
Headcount
—
1
1

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
$2.9M
est. pre-money
$65.0M
Valuation cap
Section 4(a)(2) · Series Seed Preferred · Apr 2022
Reg CF · SAFE · Mar 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. Dashed amber bars are a SAFE or convertible note's valuation cap — the most it converts at, not what the company is worth, so don't compare them with the other bars.

Share price over rounds

log scale
$0.8182$0.0286$0.001
Feb 2020Apr 2022
Round offering price or verified disclosed saleDisclosed sale, unverified or year-onlyDown round · Apr 2022 (-88.9%)

Disclosed sales come from the issuer's own filings (prior-offering lines, audited-statement notes) and are amount ÷ securities sold. A down round is a firm point more than 25 % below the previous firm point of the same share class on a comparable basis; the comparison ignores unverified and year-only lines.

Cap table

Share counts as of Dec 31, 2021
Preferred Stock · 17.4%Common Stock · 82.5%
ClassOutstandingVotes / shareShare of totalLast price
Preferred Stock5,494,506—17.4%—
Common Stock25,988,878—82.5%$0.001Feb 2020
Total31,483,384100%

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

Reg CF · SAFE · Mar 2023Closedvia Republic
Raised $125.8K / $1.2MInvestors 279Valuation cap $65M
Raised $1.4MInvestors 6

Team

1 person
Apurva Rajkotia
Chief Executive 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

Not requiredFiled Form C-TR (terminated reporting)

Filed 1 of 4 annual reports (FY2022–FY2025)

279 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 28, 20230001961687-23-000005
    EDGAR
  • Form C-TRApr 28, 20230001961687-23-000006
    EDGAR
  • Form C-UApr 28, 20230001964014-23-000006
    EDGAR
  • Form CFeb 23, 20230001961687-23-000004
    EDGAR
  • Form DFeb 16, 20230001961687-23-000003
    EDGAR
Source: ManualCIK 0001961687DEShare price $0.091

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.