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SkyHi

Operating

SkyHi Travel, Inc.

Transportation · Apple Valley, CA · Founded 2016

Minority-founded
Visit website

Monthly subscription for flat rate airline tickets

Valuation cap ⓘ
$10.0M
As of Feb 2020 · from Reg CF Offering (2019) · a SAFE/note conversion ceiling, not a priced valuation
Total raised
$521,156
Crowd $291K · Private $230K · 2 rounds since 2019

Financials

FY2017–FY2019 · from SEC filings · hover any figure for its source
$12K
−$425K
2017
$257K
−$529K
2018
$382K
−$413K
2019
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2017 reviewed*
FY2018 reviewed*
FY2019
Income statement
Revenue
$12,387
$256,648
$382,106
Cost of goods sold
$4,697
$366,437
$410,510
Gross margin
62%
-43%
-7%
Net income
-$424,957
-$528,733
-$412,658
Taxes paid
$18,431
$0
$0
Balance sheet
Cash
$29,923
$31,535
$46,814
Accounts receivable
$0
$0
$0
Total assets
$29,923
$31,535
$46,814
Short-term debt
$14,626
$22,414
$66,022
Long-term debt
$475,045
$977,602
$1,361,930
Total liabilities
$489,671
$1,000,016
$1,427,952
Other
Headcount
—
4
4

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 · Oct 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 · Oct 2019Closedvia Republic
Raised $291.2K / $1.1MInvestors 1,077Valuation cap $10M
Rule 506(b) · Convertible Note · Jul 2019Closed
Raised $230KInvestors 8

Team

3 people
/s/ Rama Poola
CEO
Rama Poola
Director
Vivek Poola
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Names and titles as disclosed on SEC Form C. Bios and photos come from the platform campaign page and may be out of date.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 1 of 7 annual reports (FY2019–FY2025)

1,077 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-ARMay 19, 20200001783004-20-000005
    EDGAR
  • Form C-TRMay 19, 20200001783004-20-000006
    EDGAR
  • Form DMar 27, 20200001783004-20-000004
    EDGAR
  • Form C-UMar 2, 20200001783004-20-000003
    EDGAR
  • Form C/AJan 8, 20200001783004-20-000001
    EDGAR
  • Form COct 29, 20190001783004-19-000001
    EDGAR
Source: ManualCIK 0001783004DE

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.