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Usarium Inc

Food & Beverage · Founded 2013

The next generation of plant-based meat technology

Valuation cap ⓘ
$15.0M
As of Sep 2021 · from Reg CF Offering (2021) · a SAFE/note conversion ceiling, not a priced valuation
Total raised
$731,035
Crowd $0 · Private $731K · 3 rounds since 2019

Financials

FY2016–FY2020 (no data for FY2018) · from SEC filings · hover any figure for its source
$1.8M
−$494K
2016
$406K
$299K
2017
2018no data
$49K
−$420K
2019
$150K
−$361K
2020
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2016 reviewed*
FY2017 reviewed*
FY2019 reviewed*
FY2020 reviewed*
Income statement
Revenue
$1,754,637
$406,078
$48,656
$150,061
Cost of goods sold
$1,252,076
$341,176
$61,020
$135,991
Gross margin
29%
16%
-25%
9%
Net income
-$494,176
$298,520
-$419,976
-$360,906
Taxes paid
$0
$0
$572
$916
Balance sheet
Cash
$49,282
$73,992
$149,179
$4,536
Accounts receivable
$0
$0
$30
$61
Total assets
$292,108
$219,360
$151,573
$4,597
Short-term debt
$681,661
$193,726
$0
$97,150
Long-term debt
$0
$0
$250,770
$367,581
Total liabilities
$681,661
$193,726
$250,770
$464,731
Other
Headcount
—
3
—
1

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 · Aug 2021

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

Principal holders% as the filing states it, Jul 6, 2018

  • Aleh Manchuliantsau2,800,000 shares62.0%of company
  • Anastasia Tkacheva1,200,000 shares26.8%of company

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 · Aug 2021Failedvia WeFunder
Raised $0 / $250KInvestors 0Valuation cap $15M
Raised $731KInvestors 17
Usarium Debt 1Closedvia SeedInvest
Raised — / $500K

Team

1 person
Aleh ManchuliantsauFounder
Founder and CEO

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 obligated

never closed a Reg CF raise

17 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/ANov 16, 20210001670254-21-001301
    EDGAR
  • Form CAug 27, 20210001670254-21-000962
    EDGAR
  • Form DMar 13, 20190001745699-19-000001
    EDGAR
  • Form CJul 6, 20180001745699-18-000001
    EDGAR
Source: ManualCIK 0001745699

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.