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Sam Lee Laundry LLC

Operating

Sports & Recreation · San Francisco, CA

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Latest valuation
—
No round has disclosed a priced valuation or cap.
Total raised
$747,639
Across 4 rounds since 2015
Latest share price
$5,000.00
Reg CF · Series B Units · May 2016 offering price

Financials

FY2014–FY2018 · from SEC filings · hover any figure for its source
$0
2014
$0
−$57K
2015
$763K
−$1.2M
2016
$2.1M
$168K
2017
$1.9M
−$52K
2018
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2014 audited*
FY2015 audited*
FY2016
FY2017
FY2018
Income statement
Revenue
$0
$0
$762,763
$2,052,422
$1,884,605
Cost of goods sold
$0
$0
$0
$0
$6,729
Gross margin
—
—
100%
100%
100%
Net income
$0
-$57,247
-$1,165,395
$168,266
-$51,890
Taxes paid
$0
$0
$0
$0
$0
Balance sheet
Cash
$0
$392,970
$45,938
$47,971
$25,245
Accounts receivable
$0
$1,401
$265,495
$880,561
$952,369
Total assets
$0
$559,684
$1,558,995
$2,092,931
$1,672,134
Short-term debt
$0
$0
$267,110
$150,000
$155,000
Long-term debt
$0
$0
$1,247,327
$1,177,436
$1,002,193
Total liabilities
$231
$0
$1,514,437
$1,327,436
$1,157,193
Other
Headcount
3
8
—
9
11

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, Mar 8, 2016

  • David L. Gluck1 shares3.61%of company
  • Geoffrey N. Libby1 shares3.61%of company
  • Nick A. Olivero1 shares3.61%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

Rule 506(c) · Equity · Apr 2018Closed
Raised —
Reg CF · Debt · Oct 2016Closedvia WeFunder
Raised $270.8K / $550K
Reg CF · Series B Units · May 2016Closedvia WeFunder
Raised $476.9K / $1M
Reg A+ · Equity · Mar 2016Abandoned
Raised $0 / $1M

Team

6 people
David Gluck
Managing Member
David L. Gluck (1)
Managing Member & General Manager
Geoffrey Libby
Managing Member
Geoffrey N. Libby
Managing Member & Operations Manager
Nick A. Olivero
Managing Member & Creative Director
Nick Olivero
Managing Member

Names and titles as disclosed on SEC Form C, SEC Form 1-A. Bios and photos come from the platform campaign page and may be out of date.

Reg CF annual-report compliance

Possibly delinquent

Filed 2 of 10 annual reports (FY2016–FY2025)

Missing: 2016, 2019, 2020, 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

View all 14 filings on EDGAR
  • Form C-ARApr 24, 20190001670254-19-000281
    EDGAR
  • Form C-ARMay 1, 20180001670254-18-000212
    EDGAR
  • Form DApr 17, 20180001641104-18-000001
    EDGAR
  • Form C-UFeb 14, 20180001670254-18-000039
    EDGAR
  • Form C/AJul 28, 20170001670254-17-000212
    EDGAR
  • Form C/AMay 8, 20170001670254-17-000111
    EDGAR
  • Form C/AMay 3, 20170001670254-17-000096
    EDGAR
  • Form COct 20, 20160001670254-16-000167
    EDGAR
Source: SEC EDGARCIK 0001641104CAShare price $5,000.00Last 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.