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Petri Bio

Operating

Petri Bio, LLC

Biotech · Founded 2019

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Next-generation of therapeutics from gut microbes

Valuation cap ⓘ
$6.0M
As of Nov 2020 · from Reg CF Offering (2020) · a SAFE/note conversion ceiling, not a priced valuation
Total raised
$366,189
Crowd $111K · Private $255K · 2 rounds since 2020

Financials

FY2018–FY2020 · from SEC filings · hover any figure for its source
$0
2018
$0
2019
$0
−$49K
2020
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2018
FY2019 reviewed*
FY2020
Income statement
Revenue
$0
$0
$0
Cost of goods sold
$0
$0
$0
Net income
$0
$0
-$49,259
Taxes paid
$0
$300
$0
Balance sheet
Cash
$0
$43,042
$87,860
Accounts receivable
$0
$0
$0
Total assets
$0
$43,042
$87,860
Short-term debt
$0
$0
$2,532
Long-term debt
$0
$0
$134,087
Total liabilities
$0
$0
$136,619
Other
Headcount
—
2
2

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
$6.0M
Valuation cap
Reg CF · SAFE · Jul 2020

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 · Sep 2021Closed
Raised $255KInvestors 3
Reg CF · SAFE · Jul 2020Closedvia WeFunder
Raised $111.2K / $1.1MInvestors 235Valuation cap $6M

Team

2 people
Joseph SchinamanFounder
Co-founder
Shu LiFounder
Co-Founder

Names and titles as disclosed on SEC Form C. Bios and photos come from the platform campaign page and may be out of date.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)

235 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 DOct 7, 20210001818809-21-000002
    EDGAR
  • Form C-ARAug 17, 20210001670254-21-000933
    EDGAR
  • Form C/ANov 10, 20200001670254-20-001033
    EDGAR
  • Form C/ASep 15, 20200001670254-20-000825
    EDGAR
  • Form CJul 27, 20200001670254-20-000666
    EDGAR
Source: ManualCIK 0001818809

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.