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MEWE

Operating

Sgrouples, Inc. dba MeWe

Software & AI · Marketplace · Founded 2011

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One of the world's largest privacy- first, decentralized social networks

Post-money valuation ⓘ
$192.0M
As of Apr 2024 · from Reg CF Offering (2024) · pre-money + amount raised, not a traded price
Total raised
$12,087,570
Crowd $233K · Private $11.9M · 6 rounds since 2011
Latest share price
$0.842
Reg CF · Preferred Stock · Apr 2024 offering price

Financials

FY2022–FY2023 · from SEC filings · hover any figure for its source
$7.1M
−$2.9M
2022
$2.6M
−$9.2M
2023
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2022 audited
FY2023 audited
Income statement
Revenue
$7,060,525
$2,559,272
Cost of goods sold
$1,563,999
$412,421
Gross margin
78%
84%
Net income
-$2,922,597
-$9,180,710
Taxes paid
$4,399
$13,356
Balance sheet
Cash
$508,651
$7,811,299
Accounts receivable
$254,655
$124,972
Total assets
$2,534,351
$14,948,309
Short-term debt
$2,698,000
$961,000
Long-term debt
$0
$0
Total liabilities
$2,698,000
$961,000
Other
Headcount
—
13

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
$191.8M
pre-money
Reg CF · Preferred · Apr 2024

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

Fundraising history

Reg CF · Preferred Stock · Apr 2024Closedvia WeFunder
Raised $232.9K / $5MInvestors 525Post-money $192M
Rule 506(c) · Equity · Jun 2018Closed
Raised $3.9MInvestors 25
Rule 506(c) · Equity · Jun 2017Closed
Raised $1.4MInvestors 10
Rule 506(c) · Equity · Nov 2015Closed
Raised $3MInvestors 5
Rule 506(b) · Equity · Aug 2014Closed
Raised $1.2MInvestors 31
Rule 506(b) · Equity · Dec 2011Closed
Raised $2.4MInvestors 9

Team

8 people
Jonathan WolfeFounder
CTO & Cofounder
Mark WeinsteinFounder
Founder
Jeffrey Edell
CEO & Chairman
Braxton Woodham
President of Amplica Labs
max duncan
President - Lonesome Boar, LLC
Samina Merchant
VP, Corporate Controller
Jason Hardy
Board of Directors
Divya Narendra
Board Member

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

Delinquent

Filed 0 of 2 annual reports (FY2024–FY2025)

Missing: 2024, 2025

525 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/AApr 22, 20240001670254-24-000396
    EDGAR
  • Form C/AApr 16, 20240001670254-24-000350
    EDGAR
  • Form CApr 5, 20240001670254-24-000311
    EDGAR
  • Form DAug 16, 20180001619394-18-000001
    EDGAR
  • Form DJun 15, 20170001619394-17-000002
    EDGAR
  • Form DJun 9, 20170001619394-17-000001
    EDGAR
  • Form DSep 12, 20140001619394-14-000002
    EDGAR
  • Form DSep 12, 20140001619394-14-000001
    EDGAR
Source: ManualCIK 0001619394Share price $0.842

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.