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Parlay Cafe

Operating

Parlay, Inc.

Food & Beverage · Founded 2020

Visit website

Coffee Shop Franchise with Members Only Co-Working Lounge (Social Distancing)

Valuation cap ⓘ
$3.5M
As of Jun 2022 · from Reg CF Offering (2021-10-05) · a SAFE/note conversion ceiling, not a priced valuation
Total raised
$81,262
Across 3 rounds since 2020

Financials

FY2018–FY2020 · from SEC filings · hover any figure for its source
$0
2018
$0
2019
$0
−$153K
2020
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2018 reviewed*
FY2019 audited
FY2020 audited
Income statement
Revenue
$0
$0
$0
Cost of goods sold
$0
$0
$0
Net income
$0
$0
-$152,500
Taxes paid
$0
$0
$0
Balance sheet
Cash
$0
$0
$0
Accounts receivable
$0
$0
$0
Total assets
$0
$0
$2,200,000
Short-term debt
$0
$0
$0
Long-term debt
$0
$0
$0
Total liabilities
$0
$0
$0
Other
Headcount
—
5
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

Valuation caps on SAFE / convertible note rounds
$3.5M
Valuation cap
$3.5M
Valuation cap
$3.5M
Valuation cap
Reg CF · SAFE · Apr 2020
Reg CF · SAFE · Sep 2021
Reg CF · SAFE · Oct 2021

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 2021Withdrawnvia WeFunder
Raised $1K / $4.9MInvestors 1Valuation cap $3.5M
Reg CF · SAFE · Sep 2021Withdrawnvia WeFunder
Raised — / $4.9MValuation cap $3.5M
Reg CF · SAFE · Apr 2020Closedvia WeFunder
Raised $81.3K / $1.1MInvestors 172Valuation cap $3.5M

Team

2 people
Don MastrangeloFounder
Founder | CEO
Rachel Mastrangelo
Vice president

Names and titles as disclosed on SEC Form C. Bios and photos come from the platform campaign page and may be out of date.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 requiredFewer than 300 holders of record

Filed 1 of 6 annual reports (FY2020–FY2025)

172 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/AApr 29, 20220001670254-22-000456
    EDGAR
  • Form COct 5, 20210001670254-21-001117
    EDGAR
  • Form C-AROct 5, 20210001670254-21-001116
    EDGAR
  • Form C-WOct 4, 20210001670254-21-001109
    EDGAR
  • Form CSep 30, 20210001670254-21-001089
    EDGAR
  • Form C/AAug 7, 20200001670254-20-000712
    EDGAR
  • Form CApr 27, 20200001670254-20-000306
    EDGAR
Source: ManualCIK 0001810051

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.