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SWELL WATERCRAFT LLC
OperatingSwell Watercraft LLC
Retail · Founded 2016
Invest in the future of roto molding and small boats
Valuation cap ⓘ
$8.0M
As of Jul 2022 · from SWELL WATERCRAFT LLC Future Equity SAFE 1 · a SAFE/note conversion ceiling, not a priced valuation
Total raised
$152,137
Across 2 rounds since 2022
Latest share price
$1.00
Reg CF Offering (2025) offering price
Financials
FY2020–FY2024 · from SEC filings · hover any figure for its source$158K
−$72K
2020
$282K
$79K
2021
$221K
−$146K
2022
$105K
−$17K
2023
$226K
−$184K
2024
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2020
FY2021
FY2022
FY2023
FY2024
Income statement
Revenue
$158,487
$282,472
$220,856
$105,293
$226,013
Cost of goods sold
$118,146
$215,806
$212,197
$35,334
$328,590
Gross margin
25%
24%
4%
66%
-45%
Net income
-$71,650
$79,183
-$146,349
-$17,337
-$184,011
Taxes paid
$0
$0
$2,899
$243
$242
Balance sheet
Cash
$5,840
$18,443
$0
-$1,885
$60,781
Accounts receivable
$10,455
$0
$0
$0
$0
Total assets
$89,844
$94,616
$0
$103,225
$20,672
Short-term debt
$14,018
$86,683
$0
$72,926
$68,447
Long-term debt
$0
$14,116
$0
$17,605
$150,618
Total liabilities
$14,018
$100,799
$0
$90,532
$219,065
Other
Headcount
—
1
0
1
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; 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$8.0M
Valuation cap
SWELL WATERCRAFT LLC 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 $0 / $124K
Raised $152.1K / $1MInvestors 82Valuation cap $8M
Reg CF annual-report compliance
Not requiredFewer than 300 holders of record
Filed 3 of 4 annual reports (FY2022–FY2025)
82 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 0001920292Share price $1.00
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.