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PERIMETER

Operating

Perimeter, Inc.

Software & AI · SaaS · Founded 2019

Disaster management platform for real-time, collaborative data-sharing

Valuation cap ⓘ
$15.0M
As of May 2023 · from Reg CF Offering (2023) · a SAFE/note conversion ceiling, not a priced valuation
Total raised
$4,442,468
Across 1 round since 2023

Financials

FY2021–FY2023 · from SEC filings · hover any figure for its source
$29K
−$443K
2021
$17K
−$777K
2022
$160K
−$1.0M
2023
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2021 unaudited
FY2022 audited
FY2023 audited
Income statement
Revenue
$28,739
$17,292
$159,583
Cost of goods sold
$0
$5,000
$10,000
Gross margin
100%
71%
94%
Net income
-$443,418
-$776,513
-$1,009,833
Taxes paid
$0
$0
$0
Balance sheet
Cash
$522,194
$277,825
$3,734,337
Accounts receivable
$0
$0
$0
Total assets
$524,440
$278,196
$3,734,708
Short-term debt
$8,229
$38,499
$89,976
Long-term debt
$0
$0
$0
Total liabilities
$8,229
$38,499
$89,976
Other
Headcount
—
4
4

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
$15.0M
Valuation cap
Reg CF · SAFE · Apr 2023

Dashed amber bars are a SAFE or convertible note's valuation cap — the most it converts at, not what the company is worth.

Cap table

Share counts as of Dec 31, 2023
ClassOutstandingVotes / shareShare of totalLast price
Common stock9,049,333—100.0%—

Shares outstanding over timein today's share terms

9.0M4.5M0
Dec 2022Dec 2023
Common stockRound opened

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

Reg CF · SAFE · Apr 2023Closedvia WeFunder
Raised $4.4M / $5MInvestors 4,167Valuation cap $15M

Team

3 people
Bailey FarrenFounder
Cofounder & CEO
Yichu WuFounder
Cofounder & CTO
Moor Xu
COO

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 1 of 3 annual reports (FY2023–FY2025)

Missing: 2024, 2025

4,167 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-ARApr 18, 20240001670254-24-000364
    EDGAR
  • Form C-UJun 1, 20230001670254-23-000595
    EDGAR
  • Form CApr 19, 20230001670254-23-000364
    EDGAR
Source: ManualCIK 0001972897

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.