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Netsave

Operating

NETSAVE INC

Retail & Consumer · Founded 2021

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The safest way to sell and buy used products

Valuation cap ⓘ
$31.3M
As of Jul 2025 · from Reg CF Offering (2024) · a SAFE/note conversion ceiling, not a priced valuation
Total raised
$2,150,104
Crowd $423K · Private $1.7M · 8 rounds since 2020

Financials

FY2021–FY2023 · from SEC filings · hover any figure for its source
$0
−$53K
2021
$0
−$16K
2022
$3K
−$75K
2023
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2021 reviewed*
FY2022 reviewed
FY2023 reviewed
Income statement
Revenue
$0
$0
$3,337
Cost of goods sold
$0
$0
$0
Gross margin
—
—
100%
Net income
-$52,734
-$16,455
-$75,370
Taxes paid
$0
$0
$0
Balance sheet
Cash
-$3,649
$500
$76
Accounts receivable
$0
$0
$0
Total assets
$597,615
$830,413
$865,146
Short-term debt
$0
$0
$4,480
Long-term debt
$564,599
$768,852
$763,525
Total liabilities
$564,599
$768,852
$768,005
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

Valuation caps on SAFE / convertible note rounds
$25.0M
Valuation cap
$31.3M
Valuation cap
Reg CF · SAFE · May 2023
Reg CF · SAFE · Aug 2024

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

Fundraising history

Reg CF · SAFE · Aug 2024Closedvia WeFunder
Raised $314.2K / $600KValuation cap $31.3M
Rule 506(b) · SAFE · Jun 2024Closed
Raised $14.5K
Reg CF · SAFE · May 2023Closedvia WeFunder
Raised $108.8K / $1.2MInvestors 44Valuation cap $25M
Rule 506(b) · SAFE · Feb 2023Closed
Raised $50K
Private · Convertible Note · Dec 2022Closed
Raised $204.3K
Rule 506(b) · SAFE · Jan 2022Closed
Raised $249.3K
Private · Convertible Note · Dec 2020Closed
Raised $564.6K
Rule 506(b) · Dec 2020Closed
Raised $644.6K

Team

1 person
Justin GeorgesFounder
Founder & CEO

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 requiredFewer than 300 holders of record

Filed 1 of 3 annual reports (FY2023–FY2025)

44 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 29, 20250001670254-25-000472
    EDGAR
  • Form C/ASep 10, 20240001670254-24-000912
    EDGAR
  • Form CAug 1, 20240001670254-24-000808
    EDGAR
  • Form C-ARJul 30, 20240001670254-24-000802
    EDGAR
  • Form CApr 25, 20230001670254-23-000397
    EDGAR
Source: ManualCIK 0001972891

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.