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NetObjex

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NetObjex, Inc

Software & AI · Irvine, CA

Post-money valuation ⓘ
$11.0M
As of Feb 2019 · from Reg CF Offering (2018-11-14) · pre-money + amount raised, not a traded price
Total raised
$131,815
Across 2 rounds since 2018
Latest share price
$0.15
Reg CF · Series B Nonvoting Common Stock · Nov 2018 offering price

Financials

FY2015–FY2019 · from SEC filings · hover any figure for its source
$207K
−$886
2015
$213K
−$107K
2016
$0
−$238K
2017
$786K
−$154K
2018
$728K
−$7K
2019
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2015 unaudited*
FY2016 audited*
FY2017 audited*
FY2018 unaudited
FY2019 unaudited
Income statement
Revenue
$207,451
$213,336
$0
$786,388
$727,676
Cost of goods sold
$61,386
$61,986
$497,707
$166,891
$270,792
Gross margin
70%
71%
—
79%
63%
Net income
-$886
-$107,045
-$238,380
-$154,006
-$7,128
Taxes paid
$0
$0
$0
$0
$0
Balance sheet
Cash
$39,669
$12,002
$78,332
$33,038
$3,349
Accounts receivable
$0
$7,500
$8,571
$0
$1,930
Total assets
$136,346
$54,571
$174,739
$493,164
$657,769
Short-term debt
$133,401
$63,946
$73,189
$161,667
$72,639
Long-term debt
$0
$93,838
$31,243
$99,000
$292,431
Total liabilities
$133,401
$157,784
$104,432
$260,667
$365,071
Other
Headcount
—
25
25
25
25

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
$9.0M
pre-money
$11.0M
pre-money
Reg CF · Common · Jan 2018
Reg CF · Series B Nonvoting Common · Nov 2018

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

Share price over rounds

$0.15$0.075$0.15
Jan 2018Nov 2018
Round offering price or verified disclosed saleDisclosed sale, unverified or year-only

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, 2017
ClassOutstandingVotes / shareShare of totalLast price
Common stock44,968,840—100.0%—

Shares outstanding over timein today's share terms

45M22M0
Dec 2016Dec 2017
Common stock

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

Raised $25.1K / $963KInvestors 29Post-money $11M
Raised $106.7K / $107KInvestors 195Post-money $9.1M

Team

17 people
Raghu BalaFounder
CEO, Director

NetObjex CEO Raghu Bala was previously an executive with Yahoo, Infospace, PwC, and with 3 successful startup exits. He also teaches MIT Sloan School of Business/Computer Science and AI Laboratory’s course on the Implications of Artificial Intelligence on Business, as well is a Tutor for MIT's Blockchain course. Mr. Bala was winner of 2016 Best Abstract in Best Wearable Medical Device category at the AI in Medicine conference, and in 1993 winner of the Best Thesis Award on Temporal Databases at the Hartford Graduate Center Conference. He holds an MBA in Finance from Wharton MBA, an MS in Computer Science from RPI, has been a Columbia University Adjunct Lecturer, published author (Microsoft Press, Macmillan) and speaker at several major conferences including IoT Congress, Google IO, and more. Source Interlink Media Aug 1, 2006 - Apr 30, 2014, CTO Various Clients May 1 2014 - Jan 20 2017, Technical Consultant NetObjex Inc, Jan 21 2017-Present, CEO

Balaji Raghunathan
VP IoT Operations & Logistics

Team Member of NetObjex

Flavio Calonge
Director of Business Development Latin America

Team Member of NetObjex

Georgey Jacob
Director of Growth/Marketing

Team Member of NetObjex

Harish Kamat
Director of Business Development South Asia

Team Member of NetObjex

Mahesh Nair
Director of Sales/Partnerships

Team Member of NetObjex

Mohan Raman
VP Operations

Team Member of NetObjex

Sreeraj Sudhakaran
Director of Blockchain Labs

Team Member of NetObjex

Tittu Varghese
Director of Technology

Team Member of NetObjex

Show 8 more people
Dr. Nambi Seshadri
Member of the Board of Advisors

Ex CTO of Broadcom

Duong Nguyen
Blockchain Architect

Team Member of NetObjex

Francois Lindsay
Industrial Design Engineer for IoT Devices

Team Member of NetObjex

Hung Nguyen
Development Manager

Team Member of NetObjex

Paul Price
Corporate Counsel

Team Member of NetObjex

Priya Krishnamurthy
Member of Board of Directors

2015-present NetObjex as a Member of Board of Directors 2013-15 President of Castlerock Holdings LLC 2010-2013 President of Fanggle

Shy Meirovitch
IoT Hardware Design Engineer

Team Member of NetObjex

Tung Hoang
IoT Architect

Team Member of NetObjex

Names and titles as disclosed on SEC Form C, StartEngine. 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 2 of 9 annual reports (FY2017–FY2025)

195 investors
holder-count proxy

Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.

  • Form C-TRJun 12, 20200001665160-20-000805
    EDGAR
  • Form C-ARFeb 19, 20200001665160-20-000136
    EDGAR
  • Form C-UAug 23, 20190001665160-19-000877
    EDGAR
  • Form C-UAug 23, 20190001665160-19-000876
    EDGAR
  • Form C-ARApr 25, 20190001665160-19-000407
    EDGAR
  • Form C-UFeb 15, 20190001665160-19-000198
    EDGAR
  • Form CNov 14, 20180001665160-18-001219
    EDGAR
  • Form C-USep 6, 20180001665160-18-000895
    EDGAR
Source: SEC EDGARCIK 0001727925DEShare price $0.15Last synced Aug 17, 2026

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.