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NovoMoto

Operating

Novomoto LLC

Energy & Cleantech · Founded 2015

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Life-changing & Affordable Solar - A first-mover in off-grid areas of D.R. Congo

Valuation cap ⓘ
$4.5M
As of Jul 2020 · from Reg CF Offering (2019) · a SAFE/note conversion ceiling, not a priced valuation
Total raised
$1,122,897
Crowd $575K · Private $548K · 4 rounds since 2016

Financials

FY2017–FY2021 (no data for FY2019) · from SEC filings · hover any figure for its source
$11K
−$7K
2017
$21K
−$31K
2018
2019no data
$109K
−$257K
2020
$466K
−$363K
2021
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2017 reviewed
FY2018 reviewed
FY2020 audited
FY2021 audited
Income statement
Revenue
$10,904
$21,045
$108,653
$466,420
Cost of goods sold
$5,907
$27,822
$48,084
$300,703
Gross margin
46%
-32%
56%
36%
Net income
-$7,145
-$30,629
-$257,068
-$363,123
Taxes paid
$6
$64
$1,045
$982
Balance sheet
Cash
$29,792
$67,953
$194,600
$50,648
Accounts receivable
$10,904
$26,441
$64,518
$279,517
Total assets
$65,037
$147,604
$665,787
$390,339
Short-term debt
$0
$0
$291,221
$1,201,981
Long-term debt
$64,000
$204,473
$823,085
$0
Total liabilities
$64,000
$204,473
$1,114,306
$1,201,981
Other
Headcount
—
5
—
12

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
$4.5M
Valuation cap
Reg CF · Note · Dec 2019

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 · Apr 2022Closedvia WeFunder
Raised $181.7K / $183.5K
Reg CF · Convertible Note · Dec 2019Closedvia WeFunder
Raised $393.2K / $1.1MInvestors 345Valuation cap $4.5M
Rule 506(c) · Debt · Mar 2020Closed
Raised $318KInvestors 3
Reg D · Debt · Jun 2016Closed
Raised $230KInvestors 4

Team

2 people
Mehrdad Arjmand
CEO/Treasurer
Aaron Olson
Secretary

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 2 of 7 annual reports (FY2019–FY2025)

Missing: 2019, 2020, 2022, 2023, 2024, 2025

345 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-UJul 6, 20220001670254-22-000713
    EDGAR
  • Form CApr 19, 20220001670254-22-000347
    EDGAR
  • Form C-ARApr 18, 20220001670254-22-000342
    EDGAR
  • Form C-ARApr 5, 20210001796364-21-000002
    EDGAR
  • Form DJun 3, 20200001796364-20-000002
    EDGAR
  • Form C/AApr 22, 20200001670254-20-000280
    EDGAR
  • Form DApr 14, 20200001796364-20-000001
    EDGAR
  • Form CDec 24, 20190001670254-19-000730
    EDGAR
Source: ManualCIK 0001796364

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.