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Shred Soles

Operating

Shred Soles LLC

Sports & Recreation · Founded 2008

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Comfortable insoles and accessories for action sports.

Valuation cap ⓘ
$2.0M
As of Dec 2019 · from Reg CF Offering (2019) · a SAFE/note conversion ceiling, not a priced valuation
Total raised
$22,960
Across 1 round since 2019

Financials

FY2017–FY2018 · from SEC filings · hover any figure for its source
$76K
$10K
2017
$125K
$11K
2018
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2017 unaudited*
FY2018 unaudited*
Income statement
Revenue
$75,514
$124,738
Cost of goods sold
$14,509
$34,502
Gross margin
81%
72%
Net income
$9,530
$10,754
Taxes paid
$0
$1,047
Balance sheet
Cash
$6,172
$5,474
Accounts receivable
$0
$0
Total assets
$39,049
$79,000
Short-term debt
$0
$13,929
Long-term debt
$6,320
$6,371
Total liabilities
$6,320
$20,301
Other
Headcount
—
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
$2.0M
Valuation cap
Reg CF · SAFE · Aug 2019

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 · Aug 2019Closedvia WeFunder
Raised $23K / $107KInvestors 44Valuation cap $2M

Team

2 people
Nate MussonFounder
Founder
Colleen Musson
Secretary

Names and titles as disclosed on SEC Form C. Bios and photos come from the platform campaign page and may be out of date.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

Delinquent

Filed 0 of 7 annual reports (FY2019–FY2025)

Missing: 2019, 2020, 2021, 2022, 2023, 2024, 2025

44 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 CAug 19, 20190001670254-19-000456
    EDGAR
Source: ManualCIK 0001783633

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.