Crowdonomics
All companies
North Carolina Beach Rental Portfolio logo

North Carolina Beach Rental Portfolio

Operating

Plat Capital Fund I, LLC

Real Estate · Pilot Mountain, NC · Founded 2021

Latest valuation
—
No round has disclosed a priced valuation or cap.
Total raised
$685,833
Across 1 round since 2022
Latest share price
$1.00
Reg CF · Common Stock · Aug 2022 disclosed sale

Financials

FY2020–FY2024 · from SEC filings · hover any figure for its source
$0
2020
$0
2021
$85K
−$3K
2022
$85K
−$176K
2023
$184K
−$52K
2024
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2020 reviewed*
FY2021 reviewed*
FY2022
FY2023
FY2024
Income statement
Revenue
$0
$0
$85,136
$85,136
$184,445
Cost of goods sold
$0
$0
$3,450
$196,486
$251,422
Gross margin
—
—
96%
-131%
-36%
Net income
$0
$0
-$3,450
-$176,318
-$52,363
Taxes paid
$0
$0
$0
$0
$0
Balance sheet
Cash
$0
$0
$67,264
$25,323
$13,403
Accounts receivable
$0
$0
$0
$0
$0
Total assets
$0
$0
$654,117
$1,443,022
$1,390,074
Short-term debt
$0
$0
$0
$7,047
$25,983
Long-term debt
$0
$0
$397,292
$1,016,042
$1,008,007
Total liabilities
$0
$0
$397,292
$1,023,089
$1,033,990
Other
Headcount
—
0
0
0
0

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”.

Fundraising history

Raised $685.8K / $750KInvestors 888

Team

2 people
James Carnes
Manager of Plat Capital, LLC
Norman Simon
Manager of Plat Capital, LLC, Manager of Plat Capital Fund I, LLC

Names and titles as disclosed on SEC Form C. Bios and photos come from the platform campaign page and may be out of date.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

Filed 3 of 4 annual reports (FY2022–FY2025)

888 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-TRJun 4, 20250001887950-25-000004
    EDGAR
  • Form C-ARMay 29, 20250001887950-25-000002
    EDGAR
  • Form C-ARMay 29, 20250001887950-25-000003
    EDGAR
  • Form C-ARMay 2, 20230001887950-23-000005
    EDGAR
  • Form C-UJan 13, 20230001887950-23-000001
    EDGAR
  • Form CAug 10, 20220001887950-22-000001
    EDGAR
Source: SEC EDGARCIK 0001887950NCLast synced Aug 17, 2026

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.