Crowdonomics
WatchlistPortfolio
All companies
PowerBuy logo

PowerBuy

Operating

MassGenie

Software & AI · Founded 2016

Visit website

Helping e-commerce merchants earn more through a new, innovative & interactive checkout flow

Post-money valuation ⓘ
$16.0M
As of Jan 2023 · from Reg CF Offering (2022) · pre-money + amount raised, not a traded price
Total raised
$22,202
Across 1 round since 2022
Latest share price
$11.45
Reg CF · Common Stock · Jan 2022 offering price

Financials

FY2019–FY2020 · from SEC filings · hover any figure for its source
$240K
−$1.1M
2019
$153K
−$1.4M
2020
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2019 reviewed*
FY2020 reviewed*
Income statement
Revenue
$240,284
$153,127
Cost of goods sold
$13,947
$11,189
Gross margin
94%
93%
Net income
-$1,112,567
-$1,416,526
Taxes paid
$0
$0
Balance sheet
Cash
$504,788
$227,639
Accounts receivable
$48,535
$49,102
Total assets
$568,869
$289,527
Short-term debt
$807,011
$1,376,158
Long-term debt
$2,665,022
$3,261,909
Total liabilities
$3,472,033
$4,638,067
Other
Headcount
—
50

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

Pre-money — the valuation set before each round’s money came in
$16.0M
pre-money
Reg CF · Common · Jan 2022

Blue bars are the pre-money valuation the company stated for a priced round.

Fundraising history

Reg CF · Common Stock · Jan 2022Closedvia Netcapital
Raised $22.2K / $1MPost-money $16M

Team

2 people
Bruce Watanabe
Principal Executive Officer
Thu Truong
Principal Financial Officer

Names and titles as disclosed on SEC Form C. Bios and photos come from the platform campaign page and may be out of date.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 0 of 5 annual reports (FY2021–FY2025)

Missing: 2021, 2022, 2023, 2024, 2025

Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.

SEC filings

  • Form C-UMar 2, 20230001669191-23-000207
    EDGAR
  • Form C/ANov 21, 20220001669191-22-001091
    EDGAR
  • Form C/ASep 26, 20220001669191-22-000927
    EDGAR
  • Form C/AJul 25, 20220001669191-22-000749
    EDGAR
  • Form C/AApr 8, 20220001669191-22-000366
    EDGAR
  • Form C/AFeb 25, 20220001669191-22-000175
    EDGAR
  • Form C/AJan 13, 20220001669191-22-000043
    EDGAR
  • Form CDec 30, 20210001669191-21-001270
    EDGAR
Source: ManualCIK 0001899789Share price $11.45

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.