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Quantum Music

Operating

Quantum Music, Inc.

Industrial & Manufacturing · Chicago, DE · Founded 2018

Minority-founded
Visit website

An online marketplace for the $30B+ Asian influencer economy

Valuation cap ⓘ
$10.0M
As of Mar 2022 · from Reg CF Offering (2021) · a SAFE/note conversion ceiling, not a priced valuation
Total raised
$1,778,425
Crowd $86K · Private $1.7M · 4 rounds since 2018
Latest share price
$0.4874
Section 4(a)(2) · Series Seed Preferred Equity · Aug 2018 offering price

Financials

FY2019–FY2022 · from SEC filings · hover any figure for its source
$84K
−$352K
2019
$109K
−$298K
2020
$183K
−$205K
2021
$95K
−$227K
2022
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2019 reviewed*
FY2020 unaudited
FY2021 unaudited
FY2022 unaudited
Income statement
Revenue
$84,351
$108,910
$182,549
$95,206
Cost of goods sold
$50,008
$44,384
$56,711
$42,179
Gross margin
41%
59%
69%
56%
Net income
-$352,446
-$298,387
-$204,981
-$226,730
Taxes paid
$0
$0
$0
$0
Balance sheet
Cash
$182,448
$109,623
$26,204
$121,653
Accounts receivable
$0
$7,210
$22,774
$35,400
Total assets
$190,564
$122,920
$53,036
$159,082
Short-term debt
$7,913
$135,949
$239,722
$325,924
Long-term debt
$0
$102,707
$134,031
$380,605
Total liabilities
$7,913
$238,656
$373,753
$706,529
Other
Headcount
—
1
1
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
$10.0M
Valuation cap
Reg CF · SAFE · Nov 2021

Dashed amber bars are a SAFE or convertible note's valuation cap — the most it converts at, not what the company is worth.

Fundraising history

Reg CF · SAFE · Nov 2021Closedvia Republic
Raised $85.6K / $1.1MInvestors 185Valuation cap $10M
Section 4(a)(2) · SAFE · Jan 2021Closed
Raised $300K
Section 4(a)(2) · Convertible Note · Jan 2020Closed
Raised $292.5K

Team

1 person
Quan Zhang
Chief Executive Officer, Secretary and Sole 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 requiredFiled Form C-TR (terminated reporting)

Filed 2 of 5 annual reports (FY2021–FY2025)

185 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-TRMay 2, 20230001874177-23-000002
    EDGAR
  • Form C-ARApr 28, 20230001874177-23-000001
    EDGAR
  • Form C-ARApr 29, 20220001874177-22-000001
    EDGAR
  • Form C-UMar 16, 20220001877724-22-000002
    EDGAR
  • Form CNov 15, 20210001874177-21-000001
    EDGAR
Source: ManualCIK 0001874177DEShare price $0.4874

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.