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Place

Operating

Place Technology, Inc.

Fintech · Founded 2018

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Finance platform for live collaborative forecasting and planning

Valuation cap ⓘ
$20.0M
As of Feb 2024 · from Reg CF Offering (2023) · a SAFE/note conversion ceiling, not a priced valuation
Total raised
$7,824,897
Crowd $1.3M · Private $6.6M · 7 rounds since 2019
Latest share price
$0.3178
Reg CF · Preferred Stock · Jun 2021 offering price

Financials

FY2019–FY2022 · from SEC filings · hover any figure for its source
$238K
−$1.4M
2019
$261K
−$2.5M
2020
$1.1M
−$2.7M
2021
$922K
−$3.4M
2022
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2019 reviewed*
FY2020 reviewed*
FY2021 reviewed
FY2022 reviewed
Income statement
Revenue
$237,837
$261,312
$1,055,627
$922,481
Cost of goods sold
$23,900
$117,050
$91,244
$219,683
Gross margin
90%
55%
91%
76%
Net income
-$1,431,843
-$2,530,855
-$2,686,537
-$3,416,029
Taxes paid
$47,681
$93,433
$11,127
$44,480
Balance sheet
Cash
$1,340,689
$265,815
$410,273
$532,252
Accounts receivable
$33,025
$53,166
$140,245
$335,700
Total assets
$1,398,674
$431,602
$747,147
$1,138,627
Short-term debt
$164,099
$467,969
$158,063
$193,578
Long-term debt
$0
$244,865
$252,500
$3,880,217
Total liabilities
$164,099
$712,834
$410,563
$4,073,795
Other
Headcount
—
37
—
36

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
$20.0M
Valuation cap
Reg CF · Note · Oct 2023

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 · Convertible Note · Oct 2023Closedvia WeFunder
Raised $67.8K / $418.8KInvestors 15Valuation cap $20M
Rule 506(b) · Debt · Dec 2022Closed
Raised $175KInvestors 3
Reg CF · Preferred Stock · Jun 2021Closedvia WeFunder
Raised $1.2M / $1.1MInvestors 418
Rule 506(b) · Debt · Jan 2022Closed
Raised $1.9MInvestors 19
Rule 506(b) · Equity · Jan 2021Closed
Raised $1.5MInvestors 26
Rule 506(b) · Equity · Sep 2020Closed
Raised $1MInvestors 14
Rule 506(b) · Equity · Oct 2019Closed
Raised $2MInvestors 16

Team

3 people
Brandon MetcalfFounder
Founder & CEO
Michael Troy
Managing Director, Geekdom Fund III, LP
Kent Gray
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 5 annual reports (FY2021–FY2025)

Missing: 2021, 2023, 2024, 2025

418 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 11 filings on EDGAR
  • Form COct 12, 20230001670254-23-000951
    EDGAR
  • Form C-AROct 11, 20230001670254-23-000944
    EDGAR
  • Form DDec 27, 20220001790434-22-000003
    EDGAR
  • Form D/AFeb 17, 20220001790434-22-000002
    EDGAR
  • Form DJan 24, 20220001790434-22-000001
    EDGAR
  • Form C/AJul 2, 20210001670254-21-000775
    EDGAR
  • Form CJun 24, 20210001670254-21-000748
    EDGAR
  • Form D/AJun 8, 20210001790434-21-000002
    EDGAR
Source: ManualCIK 0001790434Share price $0.3178

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.