NEXT Boatworks

Operating

NEXT Boatworks LLC

Retail & Consumer · Founded 2016

Visit website

Building the future of rowing

Valuation cap ⓘ

$2.4M

As of Apr 2023 · from Reg CF Offering (2022) · a SAFE/note conversion ceiling, not a priced valuation

Total raised

$117,450

Across 1 round since 2022

Financials

FY2020–FY2021 · from SEC filings · hover any figure for its source

−$194K

2020

−$496K

2021

RevenueNet income — beside revenue when positive, below the line when a loss

Metric

FY2020 reviewed*

FY2021 reviewed*

Income statement

Revenue

Cost of goods sold

Net income

-$194,055

-$495,801

Taxes paid

Balance sheet

Cash

$24,345

$7,727

Accounts receivable

$9,380

Total assets

$198,482

$532,171

Short-term debt

$34,515

$150,614

Long-term debt

$311,232

Total liabilities

$34,515

$461,846

Other

Headcount

—

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

$2.4M

Valuation cap

Reg CF · SAFE · Oct 2022

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 · Oct 2022Closedvia WeFunder

Raised $117.5K / $450KInvestors 44Valuation cap $2.4M

Team

2 people

Dennis LoebsFounder

Co-founder, General Manager

Sinead FitzGibbon

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Names and titles as disclosed on SEC Form C. Bios and photos come from the platform campaign page and may be out of date.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

Delinquent

Filed 0 of 4 annual reports (FY2022–FY2025)

Missing: 2022, 2023, 2024, 2025

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 COct 20, 20220001670254-22-001090
EDGAR

Source: ManualCIK 0001912722

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.