Pearachute

Operating

Pearachute Inc.

Education · Chicago, IL · Founded 2015

Woman-foundedMinority-founded

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Valuation cap ⓘ

$15.0M

As of Dec 2017 · from Reg CF Offering (2017-10-30) · a SAFE/note conversion ceiling, not a priced valuation

Total raised

$3,645,550

Crowd $322K · Private $3.3M · 5 rounds since 2016

Financials

FY2014–FY2019 · from SEC filings · hover any figure for its source

2014

2015

2016

$701K

$1.9M

2017

$1.7M

−$748K

2018

$1.7M

−$1.1M

2019

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

Metric

FY2014 reviewed*

FY2015 reviewed*

FY2016 reviewed*

FY2017

FY2018

FY2019

Income statement

Revenue

$700,877

$1,658,734

$1,667,034

Cost of goods sold

$787,176

$1,125,944

$1,008,558

Gross margin

—

-12%

32%

39%

Net income

$1,888,083

-$747,508

-$1,095,751

Taxes paid

Balance sheet

Cash

$61,706

$48,296

$39,054

Accounts receivable

$99,905

$71,598

$48,203

Total assets

$346,407

$289,217

$253,051

Short-term debt

$611,951

$782,256

Long-term debt

$190,000

$275,000

Total liabilities

$611,951

$801,951

$1,057,256

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

Valuation caps on SAFE / convertible note rounds

$7.0M

Valuation cap

$15.0M

Valuation cap

Reg CF · SAFE · Jan 2017

Reg CF · SAFE · Oct 2017

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

Rule 506(b) · Equity · Mar 2019Closed

Raised $1.2MInvestors 24

Reg CF · SAFE · Oct 2017Closedvia Republic

Raised $72.4K / $287KInvestors 209Valuation cap $15M

Reg CF · SAFE · Jan 2017Closedvia Republic

Raised $250K / $250KInvestors 321Valuation cap $7M

Rule 506(b) · Equity · Mar 2017Closed

Raised $1.4MInvestors 24

Rule 506(b) · Debt · Jan 2016Closed

Raised $735KInvestors 6

Team

2 people

Desiree Vargas Wrigley

Chief Executive Officer and President

Sam Yagan

Director

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 10 annual reports (FY2016–FY2025)

321 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 14 filings on EDGAR

Form C-ARApr 29, 20200001664957-20-000001
EDGAR
Form C-ARApr 30, 20190001664957-19-000004
EDGAR
Form DMar 18, 20190001664957-19-000001
EDGAR
Form D/ASep 24, 20180001664957-18-000004
EDGAR
Form C-ARMay 1, 20180001664957-18-000002
EDGAR
Form C-UJan 5, 20180001664957-18-000001
EDGAR
Form COct 30, 20170001664957-17-000011
EDGAR
Form C/AOct 30, 20170001664957-17-000013
EDGAR

Source: SEC EDGARCIK 0001664957DELast 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.