All companies
Visit website
Reel Paper
OperatingReel Products, Inc.
Industrial · Founded 2018
Tree-free and plastic-free household paper company
Valuation cap ⓘ
$55.0M
As of Dec 2023 · from REEL PAPER Future Equity SAFE 1 · a SAFE/note conversion ceiling, not a priced valuation
Total raised
$504,177
Across 1 round since 2023
Financials
FY2021–FY2025 · from SEC filings · hover any figure for its source$7.5M
−$5.4M
2021
$13.5M
−$8.2M
2022
$20.3M
−$2.9M
2024
$24.4M
−$1.0M
2025
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2021
FY2022
FY2024
FY2025
Income statement
Revenue
$7,476,272
$13,501,393
$20,307,370
$24,372,958
Cost of goods sold
$3,800,957
$7,752,618
$10,407,481
$15,160,386
Gross margin
49%
43%
49%
38%
Net income
-$5,375,412
-$8,182,001
-$2,921,573
-$1,043,731
Taxes paid
$0
$0
$0
$0
Balance sheet
Cash
$1,347,080
$599,569
$75,639
$2,415
Accounts receivable
$67,148
$489,005
$1,938,380
$3,561,743
Total assets
$3,174,039
$2,913,539
$4,464,070
$9,401,495
Short-term debt
$2,910,984
$5,173,204
$4,573,527
$7,811,445
Long-term debt
$8,170,137
$13,765,645
$6,034,481
$8,777,719
Total liabilities
$11,081,121
$18,938,849
$10,608,008
$16,589,164
Other
Headcount
—
7
—
10
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$55.0M
Valuation cap
REEL PAPER Future Equity SAFE 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
Raised $504.2K / $478KInvestors 816Valuation cap $55M
Reg CF annual-report compliance
Delinquent
Filed 1 of 3 annual reports (FY2023–FY2025)
Missing: 2023, 2024
816 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
Source: ManualCIK 0001994247
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.