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NEXGENT Inc.

Operating

Education · San Jose, CA

Estimated pre-money ⓘ
$151.6M
As of Sep 2021 · from Reg A Offering (2021) · our estimate: offering price × shares outstanding, not a stated valuation
Total raised
$18,204,684
Crowd $22K · Private $18.2M · 2 rounds since 2018
Latest share price
$1.00
Reg A+ · Equity · Sep 2021 offering price

Financials

FY2020–FY2021 · from SEC filings · hover any figure for its source
$2.8M
−$3.2M
2020
$3.2M
−$6.2M
2021
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2020 audited
FY2021 audited
Income statement
Revenue
$2,837,386
$3,196,168
Cost of goods sold
$1,630,790
$1,929,399
Gross margin
43%
40%
Net income
-$3,207,176
-$6,163,354
Balance sheet
Cash
$6,014,395
$1,809,572
Accounts receivable
$395,217
$106,672
Total assets
$10,652,917
$5,731,392
Long-term debt
$0
—
Total liabilities
$1,044,972
$1,900,358
Other
Headcount
38
—

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
$151.6M
est. pre-money
Reg A+ · Equity · Sep 2021

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.

Cap table

Share counts as of Nov 1, 2021
Preferred Stock · 66.1%Class A Common Stock · 33.9%
ClassOutstandingVotes / shareShare of totalLast price
Preferred Stockpreferred100,204,180—66.1%—
Class A Common Stock51,433,895—33.9%—
Total151,638,075100%

Shares outstanding over timein today's share terms

152M76M0
Dec 2020Sep 2021
Class A Common StockPreferred StockRound openedSplit / conversion

Principal holders% as the filing states it, Jan 23, 2023

  • YC Holdings II, LLC507,920 Series A-2 Preferred Stock92.7%of Series A-2 Preferred
  • Liquid 2 Ventures, L.P.4,514,265 Series A-6 Preferred Stock83.3%of Series A-6 Preferred
  • Mandra iBase Limited6,520,865 Series A-4 Preferred Stock70.3%of Series A-4 Preferred
  • Terry Kim23,934,085 Class A Common Stock60.3%of Class A
  • Altos Ventures29,630,885 Series A-1 Preferred Stock46.7%of Series A-1 Preferred
  • Mandra iBase Limited3,761,660 Series A-5 Preferred Stock43.5%of Series A-5 Preferred
  • SherpaVentures Fund II, LP19,477,250 Series A-1 Preferred Stock30.7%of Series A-1 Preferred
  • Jacob Hess10,006,395 Class A Common Stock30.1%of Class A
  • Jacob Hess10,006,395 Common Stock30.1%of company
  • YC Holdings II, LLC1,880,830 Series A-3 Preferred Stock24.3%of Series A-3 Preferred
  • G Ventures II, LP1,880,825 Series A-3 Preferred Stock24.3%of Series A-3 Preferred
  • Kevin Moore SSMTT GST Exempt Trust1,128,665 Series A-7 Preferred Stock22.2%of Series A-7 Preferred
  • Tidhar Carmeli1,128,665 Series A-7 Preferred Stock22.2%of Series A-7 Preferred
  • Kevin Moore SSMTT GST Nonexempt Trust1,128,665 Series A-7 Preferred Stock22.2%of Series A-7 Preferred
  • AngelPad Fund IIa, L.P.1,128,665 Series A-7 Preferred Stock22.2%of Series A-7 Preferred
  • Bragiel Brothers I, L.P.1,504,660 Series A-5 Preferred Stock17.4%of Series A-5 Preferred
  • 5 Parts Investments LLC1,504,660 Series A-5 Preferred Stock17.4%of Series A-5 Preferred
  • Tri-Lead Capital Inc.902,850 Series A-6 Preferred Stock16.7%of Series A-6 Preferred
  • Stuart Pollard564,330 Series A-7 Preferred Stock11.1%of Series A-7 Preferred
  • Pioneer Fund - NG LLC1,003,210 Series A-4 Preferred Stock10.8%of Series A-4 Preferred

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 A+ · Equity · Sep 2021Closedvia DALMORE GROUP LLC
Raised $22.3K / $72MEst. pre-money $151.6M
Raised $18.2MInvestors 43

Team

3 people
Terry Kim
Chief Executive Officer
Jacob Hess
Chief Administration Officer
Robert Kao
Chief Operating Officer

Names and titles as disclosed on SEC Form 1-A. Bios and photos come from the platform campaign page and may be out of date.

  • Form 1-SAFeb 28, 20230001213900-23-015232
    EDGAR
  • Form 1-ZFeb 28, 20230001213900-23-015502
    EDGAR
  • Form 1-KJan 23, 20230001213900-23-004377
    EDGAR
  • Form 1-UMay 3, 20220001213900-22-023279
    EDGAR
  • Form 253G2Feb 25, 20220001213900-22-009464
    EDGAR
  • Form 253G2Nov 9, 20210001213900-21-057572
    EDGAR
  • Form QUALIFNov 8, 20219999999994-21-000378
    EDGAR
  • Form 1-A/ANov 1, 20210001213900-21-055559
    EDGAR
Source: SEC EDGARCIK 0001776954DEShare price $1.00Last synced Aug 16, 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.