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Oscilla Power

Operating

Oscilla Power, Inc.

Software & AI · Seattle, DE · Founded 2009

Unlocking the potential of ocean wave energy

Post-money valuation ⓘ
$20.6M
As of Aug 2022 · from Reg CF Offering (2021) · pre-money + amount raised, not a traded price
Total raised
$10,345,968
Crowd $1.4M · Private $9.0M · 13 rounds since 2011
Latest share price
$2.03
Reg CF · Common Stock · Jul 2021 offering price

Financials

FY2018–FY2022 · from SEC filings · hover any figure for its source
$0
−$445K
2018
$0
−$86K
2019
$19K
−$88K
2020
$46K
−$1.1M
2021
$64K
−$328K
2022
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2018 reviewed
FY2019 reviewed
FY2020 audited
FY2021 audited
FY2022 unaudited
Income statement
Revenue
$0
$0
$19,317
$46,160
$63,515
Cost of goods sold
$0
$0
$0
$0
$0
Gross margin
—
—
100%
100%
100%
Net income
-$444,635
-$86,485
-$88,077
-$1,077,283
-$328,117
Taxes paid
$0
$0
$0
$0
$0
Balance sheet
Cash
$290
$145,279
$242,385
$41,925
$203,358
Accounts receivable
$229,194
$85,167
$152,252
$132,116
$211,552
Total assets
$488,402
$396,648
$552,679
$319,503
$622,922
Short-term debt
$831,472
$831,186
$546,893
$622,907
$977,327
Long-term debt
$1,459,100
$671,894
$1,192,039
$956,172
$855,377
Total liabilities
$2,290,572
$1,503,080
$1,738,932
$1,579,079
$1,832,704
Other
Headcount
—
9
9
9
11

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
$20.0M
pre-money
Reg CF · Common · Jul 2021

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

Cap table

Share counts as of Dec 31, 2021
Preferred Stock · 58.9%Common Stock · 41.1%
ClassOutstandingVotes / shareShare of totalLast price
Preferred Stockpreferred5,486,803—58.9%—
Common Stock3,826,521—41.1%$2.03Jul 2021
Total9,313,324100%

Shares outstanding over timein today's share terms

9.3M4.7M0
Dec 2019Dec 2021
Common StockPreferred StockRound opened

Principal holders% as the filing states it, Apr 30, 2021

  • Paul Mashikian27.3%of company
  • Everyone else (not named in filings)72.7%

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

Raised $490.7K / $3MInvestors 964Post-money $20.6M
Raised $843.1KInvestors 15
Raised $100KInvestors 4
Reg CF · Convertible Note · Dec 2020Closedvia MICROVENTURE MARKETPLACE INC.
Raised $467.3K / $674.5K
Reg CF · Convertible Note · Jul 2020Closedvia MICROVENTURE MARKETPLACE INC.
Raised $403.5K / $1.1M
Raised $405KInvestors 7
Raised $2.1MInvestors 10
Raised $935KInvestors 7
Raised $760.7KInvestors 5
Raised $1.7MInvestors 29

Team

1 person
Balakrishnan Nair
CEO, Principal Executive Officer and Director, Principal Financial Officer and Principal Accounting Officer

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 required3+ reports filed & assets ≤ $10M

Filed 3 of 6 annual reports (FY2020–FY2025)

964 investors
holder-count proxy

Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.

  • Form C-ARMay 21, 20250001213900-25-046407
    EDGAR
  • Form C-UAug 31, 20220001665160-22-002326
    EDGAR
  • Form C/AJul 26, 20220001665160-22-002098
    EDGAR
  • Form C/AJun 23, 20220001665160-22-001864
    EDGAR
  • Form C/AMay 11, 20220001665160-22-001632
    EDGAR
  • Form C-ARApr 28, 20220001213900-22-022185
    EDGAR
  • Form C/AApr 25, 20220001665160-22-000778
    EDGAR
  • Form C/AMar 9, 20220001665160-22-000407
    EDGAR
Source: ManualCIK 0001533849DEShare price $2.03

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.