Ocean Renewable Power Company, Inc.

Operating

Energy & Cleantech · Portland, ME

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Latest valuation

—

No round has disclosed a priced valuation or cap.

Total raised

$17,781,766

Crowd $110K · Private $17.7M · 7 rounds since 2017

Latest share price

$22.00

Reg CF · Common Stock · Mar 2019 offering price

Financials

FY2016–FY2019 · from SEC filings · hover any figure for its source

$1.8M

−$3.6M

2016

$3.3M

−$2.8M

2017

$2.7M

−$2.4M

2018

$2.2M

−$4.5M

2019

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

Metric

FY2016 reviewed

FY2017 reviewed

FY2018 audited

FY2019 audited

Income statement

Revenue

$1,775,267

$3,266,823

$2,747,533

$2,211,603

Cost of goods sold

Gross margin

100%

Net income

-$3,613,106

-$2,846,343

-$2,423,926

-$4,453,843

Taxes paid

Balance sheet

Cash

$1,142,719

$1,933,937

$2,058,191

$2,707,875

Accounts receivable

$301,727

$214,675

$408,776

$300,319

Total assets

$3,175,540

$3,733,945

$4,512,300

$4,628,985

Short-term debt

$200,000

$700,000

$1,450,499

$1,286,332

Long-term debt

$16,786,990

$4,520,776

$4,749,162

$4,709,229

Total liabilities

$16,986,990

$5,220,776

$6,199,661

$5,995,561

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”.

Fundraising history

Rule 506(c) · Debt · Aug 2021Closed

Raised $8.8MInvestors 15

Rule 506(c) · Equity · Nov 2019Closed

Raised $7.5MInvestors 10

Rule 506(c) · Equity · Jul 2019Closed

Raised —

Reg CF · Common Stock · Mar 2019Closedvia Netcapital

Raised $109.8K / $1.1M

Rule 506(c) · Equity · Oct 2018Closed

Raised —

Rule 506(b) · Equity · Jul 2018Closed

Raised $100KInvestors 1

Rule 506(b) · Equity · Apr 2017Closed

Raised $1.3MInvestors 3

Team

5 people

Abbey Manders

Principal Financial Officer

Barbara Gollan

Board Member

Christopher Sauer

Principal Executive Officer

Daniel Googel

Board Member

Sebastian Scripps

Board Member

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 requiredFiled Form C-TR (terminated reporting)

Filed 1 of 8 annual reports (FY2018–FY2025)

15 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 17 filings on EDGAR

Form DAug 19, 20210001703538-21-000002
EDGAR
Form C-TRApr 6, 20210001703538-21-000001
EDGAR
Form C-ARApr 30, 20200001703538-20-000001
EDGAR
Form DNov 14, 20190001703538-19-000001
EDGAR
Form C-UJul 30, 20190001669191-19-000267
EDGAR
Form DJul 29, 20190001669191-19-000263
EDGAR
Form C/AJul 19, 20190001669191-19-000239
EDGAR
Form C/AJul 18, 20190001669191-19-000228
EDGAR

Source: SEC EDGARCIK 0001703538DEShare price $22.00Last synced Aug 17, 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.