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PurposeEnergy

Operating

PurposeEnergy, Inc.

Food · Founded 2007

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Intersection of renewable energy, sustainable food manufacturing, and clean water

Post-money valuation ⓘ
$16.8M
As of Sep 2022 · from PurposeEnergy Common Stock 1 · pre-money + amount raised, not a traded price
Total raised
$0
Across 1 round since 2022
Latest share price
$2.00
PurposeEnergy Common Stock 1 offering price

Financials

FY2020–FY2021 · from SEC filings · hover any figure for its source
$1.6M
−$563K
2020
$2.8M
−$221K
2021
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2020
FY2021
Income statement
Revenue
$1,571,648
$2,827,901
Cost of goods sold
$1,328,894
$2,436,451
Gross margin
15%
14%
Net income
-$562,815
-$221,173
Taxes paid
$3,951
$7,484
Balance sheet
Cash
$249,494
$220,087
Accounts receivable
$202,291
$474,058
Total assets
$3,003,520
$5,431,615
Short-term debt
$903,617
$261,544
Long-term debt
$1,523,883
$2,356,655
Total liabilities
$2,427,500
$2,618,199
Other
Headcount
—
7

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; no pill means the filing didn’t state one. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Post-money = pre-money + amount raised · caps marked
$16.8M
post-money
PurposeEnergy Common Stock 1

A dashed amber step is a SAFE/note valuation cap — a conversion ceiling agreed for that instrument, not a priced valuation of the company. Steps are not comparable across bases.

Fundraising history

PurposeEnergy Common Stock 1WithdrawnReg CF · Common Equity · via StartEngine
Raised $13K / $1.1MInvestors 21Post-money $16.8M

Team

3 people
Eric Fitch
CEO, President, Treasurer, Secretary, and Director
John Keane
Director
Michael Sununu
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Names and titles as disclosed on SEC Form C. Bios and photos come from the platform campaign page and may be out of date.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

Not obligated

never closed a Reg CF raise

21 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-WSep 30, 20220001665160-22-002568
    EDGAR
  • Form CMay 12, 20220001665160-22-001643
    EDGAR
  • Form DMay 7, 20180001422878-18-000002
    EDGAR
  • Form DJan 13, 20140001422878-14-000001
    EDGAR
  • Form DFeb 2, 20120001422878-12-000001
    EDGAR
  • Form D/AAug 9, 20110001422878-11-000004
    EDGAR
  • Form DJul 1, 20110001422878-11-000003
    EDGAR
  • Form DDec 4, 20090001422878-09-000002
    EDGAR
Source: ManualCIK 0001422878Share price $2.00

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.