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Procurement Foundry INC

Operating

Software & AI · Fairhaven, MA

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Latest valuation
—
No round has disclosed a priced valuation or cap.
Total raised
$123,657
Across 1 round since 2020

Financials

FY2018–FY2023 · from SEC filings · hover any figure for its source
$0
2018
$0
−$32K
2019
$238K
−$43K
2020
$952K
$175K
2021
$1.5M
−$220K
2022
$1.1M
−$8K
2023
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2018 reviewed
FY2019 reviewed
FY2020
FY2021
FY2022
FY2023
Income statement
Revenue
$0
$0
$237,910
$951,773
$1,540,502
$1,095,813
Cost of goods sold
$0
$0
$281,349
$775,728
$1,712,415
$175,084
Gross margin
—
—
-18%
18%
-11%
84%
Net income
$0
-$31,753
-$43,438
$174,647
-$219,641
-$7,620
Taxes paid
$0
$0
$0
$29,640
$152,732
$4,173
Balance sheet
Cash
$0
$36,305
$148,750
$285,485
$235,306
$82,919
Accounts receivable
$0
$0
$101,465
$150,364
$64,190
$201,940
Total assets
$0
$36,305
$148,750
$285,485
$325,101
$433,940
Short-term debt
$0
$23,057
$0
$0
$0
$371,196
Long-term debt
$0
$45,000
$62,442
$50,000
$500,000
$9,100
Total liabilities
$0
$68,057
$62,442
$50,000
$500,000
$380,296
Other
Headcount
—
2
2
7
2
2

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”.

Cap table

Principal holders% as the filing states it, Apr 23, 2024

  • Foundry Holdings, Inc.100.0%of company

Sold to the crowd

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 · Convertible Note · Jul 2020Closedvia MICROVENTURE MARKETPLACE INC.
Raised $123.7K / $500K

Team

2 people
/s/ Steven Michael Cadieux
President
Steven Michael Cadieux
Owner/President

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 4 of 6 annual reports (FY2020–FY2025)

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 23, 20240001815481-24-000003
    EDGAR
  • Form C-TRApr 23, 20240001768586-24-000001
    EDGAR
  • Form C-ARMar 8, 20230001815481-23-000002
    EDGAR
  • Form C-ARApr 29, 20220001815481-22-000003
    EDGAR
  • Form C-ARApr 27, 20210001815481-21-000001
    EDGAR
  • Form C-USep 29, 20200001815481-20-000003
    EDGAR
  • Form C/ASep 9, 20200001815481-20-000002
    EDGAR
  • Form CJul 20, 20200001815481-20-000001
    EDGAR
Source: SEC EDGARCIK 0001815481MALast 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.