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Operating

Abletek, Inc.

Healthcare · Arcadia, CA · Founded 2020

Minority-founded

Assistive mobility solutions for the elderly and persons with disabilities

Valuation cap ⓘ
$3.0M
As of Jun 2021 · from Reg CF Offering (2021) · a SAFE/note conversion ceiling, not a priced valuation
Total raised
$38,475
Across 1 round since 2021

Financials

FY2018–FY2021 · from SEC filings · hover any figure for its source
$0
2018
$0
2019
$2K
−$2K
2020
$8K
$6K
2021
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2018 unaudited*
FY2019 unaudited*
FY2020
FY2021 unaudited
Income statement
Revenue
$0
$0
$2,067
$8,118
Cost of goods sold
$0
$0
$1,368
$5,109
Gross margin
—
—
34%
37%
Net income
$0
$0
-$2,422
$6,354
Taxes paid
$0
$0
$0
$0
Balance sheet
Cash
$0
$0
$274
$30,631
Accounts receivable
$0
$0
$0
$0
Total assets
$0
$0
$5,817
$42,579
Short-term debt
$0
$0
$18,812
$31,382
Long-term debt
$0
$0
$0
$31,417
Total liabilities
$0
$0
$18,812
$62,799
Other
Headcount
—
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, 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

Valuation caps on SAFE / convertible note rounds
$3.0M
Valuation cap
Reg CF · SAFE · Feb 2021

Dashed amber bars are a SAFE or convertible note's valuation cap — the most it converts at, not what the company is worth.

Cap table

Share counts as of Dec 31, 2021
ClassOutstandingVotes / shareShare of totalLast price
Common Stock10,000,000—100.0%—

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 · Feb 2021Closedvia Republic
Raised $38.5K / $107KInvestors 146Valuation cap $3M

Team

2 people
Ravindra Singh
CEO
Anil Pereira
Director

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 6 annual reports (FY2020–FY2025)

146 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-TRMay 5, 20220001845758-22-000001
    EDGAR
  • Form C-ARApr 29, 20220001837613-22-000009
    EDGAR
  • Form C-UJun 28, 20210001845758-21-000003
    EDGAR
  • Form CFeb 26, 20210001845758-21-000001
    EDGAR
Source: ManualCIK 0001845758DE

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.