No-H2O

Operating

No-H2O USA Inc

Retail & Consumer · Product · Fort Lauderdale, FL · Founded 2020

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Dry Cleaning For Cars

Post-money valuation ⓘ

$13.1M

As of Mar 2021 · from Reg CF Offering (2020) · pre-money + amount raised, not a traded price

Total raised

$1,327,974

Crowd $128K · Private $1.2M · 2 rounds since 2020

Latest share price

$1.00

Reg CF · Common Stock · Aug 2020 offering price

Financials

FY2018–FY2021 · from SEC filings · hover any figure for its source

$82K

−$279K

2018

$886K

−$140K

2019

$438K

−$84K

2020

$906K

−$751K

2021

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

Metric

FY2018

FY2019 reviewed*

FY2020 unaudited

FY2021 unaudited

Income statement

Revenue

$82,470

$886,255

$437,812

$906,325

Cost of goods sold

$10,809

$231,583

$160,504

$803,323

Gross margin

87%

74%

63%

11%

Net income

-$278,780

-$139,893

-$84,326

-$750,670

Taxes paid

Balance sheet

Cash

$11,018

$528

$35,559

$628,936

Accounts receivable

$66,095

$456,940

$493,203

$562,610

Total assets

$123,335

$685,556

$755,450

$1,670,431

Short-term debt

$143,328

$604,153

Long-term debt

$233,687

$475,393

Total liabilities

$377,015

$1,079,546

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

Pre-money — the valuation set before each round’s money came in

$13.0M

pre-money

Reg CF · Common · Aug 2020

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

Share price over rounds

$1.00$0.50$0.9177

Aug 2020Aug 2020

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.

Fundraising history

Rule 506(b) · Equity · Jul 2021Closed

Raised $1.2MInvestors 4

Reg CF · Common Stock · Aug 2020Closedvia StartEngine

Raised $128K / $1.1MInvestors 181Post-money $13.1M

Team

8 people

Emmet O'BrienFounder

CEO

Based in Florida, Emmet is CEO & founder of No-H2O and has been the visionary leading the groups expansion internationally through both franchising and retail.

Estefania Leon

Executive Assistant & Graphic Designer

Estefania is part of our international team and manages many of our corporate client relationships. She has been with the company since 2016 and has assisted ion our launch in the United States where she works alongside executive management.

Graeme Burke

Managing Director EMEA

Based in Dublin, Graeme brings over 20 years in retail, distribnution, sales and franchsing experience. A process and target driven individual with the ability to grow and futureproof businesses. Graeme is an integral part of No-H2O's growth in both Europe and the US where he assists in strategic planning and implementation.

Lucia Scerbikova

Tech Manager

Lucia gradutauted from the City University of Seattle with a BSBA in business and adminsitration. She has been with No-H2O since 2012 and relocated to the US where she heads up No-H2O's App development and tech team.

Nicole Ciovacco

Outside Legal Counsel

Nicole joined our US team as outside legal counsel in 2019 and heads up our legal and compliance. She brings a wealth of experiance to No-H2O and guides us through business and corporate transactions. Nicole is not an employee of the company and runs her own firm NMC Law Group.

Paul Boylan

Operations Manager

Paul was initially a detailer in No-H2O and quickly worked his way right up to Operations Manager! Responsible for setting training standards across Europe and the United States. Also responsible for managing activities that are part of the production of all goods and services including franchise growth, improving our very own On Demand app and exploring different distribution channels both in the United States and Europe.

Peter Fitzgerald

Corporate Communications and Finance Advisor

Peter has been part of No-H2O's team since 2017 and has helped build and implement No-H2O's US structure and business plans. Peter advises the board of No-H2O and holds a part time position in the company supporting its CEO in both Ireland and the US. Peter is an Advisor and not an employee of the company.

Samuel Chamberlain

Director

Sam Chamberlain is the Chief Operating Officer of Five Guys, the leader in the fast casual burger segment, which has over 1600 restaurants worldwide. He is the driving force ensuring that the founders' vision and standards are exectuted in both corporate and franchise owned locations overseeing rapid international expansion for the brand which reached $2 billion in revenue in 2018. Sam advises and guides No-H2O on franchise growth and governance and will be an instrumental part of assisting in team building.

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 requiredFewer than 300 holders of record

Filed 2 of 6 annual reports (FY2020–FY2025)

181 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

View all 10 filings on EDGAR

Form C-ARApr 27, 20220001665160-22-000969
EDGAR
Form DAug 2, 20210001818665-21-000001
EDGAR
Form C-AR/AJun 17, 20210001665160-21-001063
EDGAR
Form C-UMay 3, 20210001665160-21-000876
EDGAR
Form C-ARApr 30, 20210001665160-21-000788
EDGAR
Form C-UMar 23, 20210001665160-21-000349
EDGAR
Form C/AFeb 16, 20210001665160-21-000168
EDGAR
Form C/AJan 15, 20210001665160-21-000089
EDGAR

Source: ManualCIK 0001818665FLShare price $1.00

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.