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SOCIAL MEDIA GATEWAYS

Operating

Social Media Gateways, Inc.

Media & Entertainment · Founded 2012

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Borderless eCommerce & Mobile Digital Payments from Anyone to Anywhere Worldwide

Valuation cap ⓘ
$12.0M
As of Sep 2021 · from Reg CF Offering (2021) · a SAFE/note conversion ceiling, not a priced valuation
Total raised
$2,820,794
Crowd $101K · Private $2.7M · 3 rounds since 2012

Financials

FY2018–FY2022 (no data for FY2020) · from SEC filings · hover any figure for its source
$48K
−$67K
2018
$56K
−$44K
2019
2020no data
$59K
−$69K
2021
$61K
−$124K
2022
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2018 reviewed*
FY2019 reviewed*
FY2021
FY2022
Income statement
Revenue
$47,630
$56,300
$58,780
$61,200
Cost of goods sold
$30,000
$25,000
$37,000
$48,000
Gross margin
37%
56%
37%
22%
Net income
-$67,180
-$43,629
-$69,469
-$123,705
Taxes paid
$0
$0
$0
$0
Balance sheet
Cash
$4,266
$3,969
$25,244
$21,976
Accounts receivable
$14,000
$37,000
$86,400
$54,874
Total assets
$358,190
$383,160
$548,835
$508,211
Short-term debt
$17,400
$12,370
$388,570
$383,570
Long-term debt
$327,200
$357,200
$0
$0
Total liabilities
$344,600
$369,570
$388,570
$383,570
Other
Headcount
—
3
—
3

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
$12.0M
Valuation cap
Reg CF · SAFE · May 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 · May 2021Closedvia WeFunder
Raised $100.8K / $250KInvestors 93Valuation cap $12M
Reg D · Convertible Note · Aug 2012Closed
Raised $2.7MInvestors 9
Reg D · Equity · Apr 2012Closed
Raised $10KInvestors 3

Team

3 people
Moses Kusasira
CEO
Edward Hohmann
CTO
Tommy Richardson, Jr.
COO

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 requiredFewer than 300 holders of record

Filed 1 of 6 annual reports (FY2020–FY2025)

93 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

View all 9 filings on EDGAR
  • Form C-ARJun 1, 20230001670254-23-000597
    EDGAR
  • Form C/AMay 20, 20210001670254-21-000693
    EDGAR
  • Form CMar 4, 20210001670254-21-000248
    EDGAR
  • Form D/ADec 4, 20150001548442-15-000001
    EDGAR
  • Form D/AOct 27, 20140001548442-14-000002
    EDGAR
  • Form D/AJun 23, 20140001548442-14-000001
    EDGAR
  • Form D/ASep 17, 20130001548442-13-000002
    EDGAR
  • Form DJun 13, 20120001548442-12-000003
    EDGAR
Source: ManualCIK 0001548442

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.