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Phuc Labs

Operating

Phuc Labs, Inc.

Industrial & Manufacturing · Boston, MA · Founded 2020

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Digitally recovering resources from waste, making ecological vitality profitable

Valuation cap ⓘ
$18.0M
As of Feb 2023 · from Reg CF Offering (2022) · a SAFE/note conversion ceiling, not a priced valuation
Total raised
$1,557,704
Crowd $185K · Private $1.4M · 5 rounds since 2020
Latest share price
$0.0001
Private · Common Stock · Nov 2020 offering price

Financials

FY2020–FY2022 · from SEC filings · hover any figure for its source
$0
−$83K
2020
$0
−$537K
2021
$465K
−$710K
2022
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2020 reviewed
FY2021 reviewed
FY2022 unaudited
Income statement
Revenue
$0
$0
$465,030
Cost of goods sold
$0
$0
$142,292
Gross margin
—
—
69%
Net income
-$82,662
-$536,972
-$709,808
Taxes paid
$0
$0
$60,212
Balance sheet
Cash
$27,833
$44,832
$46,573
Accounts receivable
$100,000
$314,000
$0
Total assets
$127,833
$366,074
$104,640
Short-term debt
$60,413
$25,624
$129,785
Long-term debt
$0
$0
$0
Total liabilities
$60,413
$25,624
$129,785
Other
Headcount
—
8
7

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
$18.0M
Valuation cap
Reg CF · SAFE · Oct 2022

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

Share price over rounds

$0.0001$0.0001$0.0001
Jan 2020Nov 2020
Round offering price or verified disclosed saleDisclosed sale, unverified or year-only

Disclosed sales come from the issuer's own filings (prior-offering lines, audited-statement notes) and are amount ÷ securities sold. A down round is a firm point more than 25 % below the previous firm point of the same share class on a comparable basis; the comparison ignores unverified and year-only lines.

Fundraising history

Reg CF · SAFE · Oct 2022Closedvia Republic
Raised $184.5K / $1.2MInvestors 446Valuation cap $18M
Section 4(a)(2) · SAFE · Jan 2022Closed
Raised $386.8K
Section 4(a)(2) · SAFEs · Jan 2021Closed
Raised $835K
Section 4(a)(2) · Common Stock · Jan 2020Closed
Raised $150.7K

Team

2 people
Phuc Vinh Truong
Chief Executive Officer
Phuc Thien Truong
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

Delinquent

Filed 1 of 4 annual reports (FY2022–FY2025)

Missing: 2023, 2024, 2025

446 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 27, 20230001907870-23-000004
    EDGAR
  • Form C-UFeb 17, 20230001930363-23-000001
    EDGAR
  • Form COct 7, 20220001930363-22-000001
    EDGAR
Source: ManualCIK 0001930363DEShare price $0.0001

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.