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SWITCH MARITIME
OperatingSWITCH Maritime LLC
Founded 2020
Launching the world's first zero-carbon ferry, powered by hydrogen fuel cell
Valuation cap ⓘ
$25.0M
As of Sep 2021 · from SWITCH MARITIME SAFE 1 · a SAFE/note conversion ceiling, not a priced valuation
Total raised
$191,563
Across 1 round since 2021
Latest share price
$1.00
SWITCH MARITIME SAFE 1 offering price
Financials
FY2019–FY2020 · from SEC filings · hover any figure for its source$0
2019
$0
−$190
2020
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2019
FY2020
Income statement
Revenue
$0
$0
Cost of goods sold
$0
$0
Net income
$0
-$190
Taxes paid
$0
$0
Balance sheet
Cash
$0
$160
Accounts receivable
$0
$0
Total assets
$0
$160
Short-term debt
$0
$0
Long-term debt
$0
$0
Total liabilities
$0
$0
Other
Headcount
—
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; 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$25.0M
Valuation cap
SWITCH MARITIME 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 $191.6K / $1.1MInvestors 161Valuation cap $25M
Reg CF annual-report compliance
Delinquent
Filed 0 of 5 annual reports (FY2021–FY2025)
Missing: 2021, 2022, 2023, 2024, 2025
161 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 CApr 21, 20210001670254-21-000505EDGAR
Source: ManualCIK 0001855796Share 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.