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TECHLESS

Operating

Techless, Inc.

Retail & Consumer · Product · Founded 2019

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Healthy phones to end smartphone addiction

Latest valuation
—
No round has disclosed a priced valuation or cap.
Total raised
$2,787,878
Crowd $340K · Private $2.4M · 4 rounds since 2021

Financials

FY2021–FY2025 (no data for FY2023) · from SEC filings · hover any figure for its source
$892K
−$1.2M
2021
$472K
−$1.2M
2022
2023no data
$884K
−$1.1M
2024
$4.2M
−$584K
2025
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2021 reviewed
FY2022 reviewed
FY2024
FY2025
Income statement
Revenue
$892,199
$471,659
$884,305
$4,181,225
Cost of goods sold
$463,741
$287,828
$692,084
$2,229,591
Gross margin
48%
39%
22%
47%
Net income
-$1,200,149
-$1,155,415
-$1,073,507
-$584,394
Taxes paid
$0
$0
$0
$0
Balance sheet
Cash
$172,285
$60,232
$373,488
$314,628
Accounts receivable
$0
$0
$26,392
$370,445
Total assets
$592,240
$359,594
$1,108,168
$1,619,029
Short-term debt
$56,390
$82,667
$349,452
$486,621
Long-term debt
$800,000
$1,696,492
$1,558,955
$550,000
Total liabilities
$856,390
$1,779,159
$1,908,407
$1,036,621
Other
Headcount
—
12
—
8

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”.

Cap table

Principal holders% as the filing states it, Mar 7, 2024

  • Christopher Kaspar59.8%of company
  • Wes Lyons6.29%of company
  • Douglas Kaspar5.88%of company
  • John Silvestri5.39%of company
  • Jon Lentz1.64%of company

Sold to the crowd

From the company's SEC filings: share counts per class, each class's voting and conversion terms, and the holders of 20% or more that Form C requires (officers and 10%+ holders on Form 1-A). Filings name only large holders, so most owners — including crowd investors — are not listed, and a holder's percentage may be of its own class rather than of the whole company. Prices and crowd share counts are in today's share terms — adjusted for splits and conversions since they were sold. Hover a figure for its filing.

Fundraising history

Reg CF · SAFE · Jun 2024Closedvia WeFunder
Raised $340.3K / $1.2MInvestors 123
Rule 506(b) · SAFE · Jun 2024Closed
Raised $50KInvestors 1
Rule 506(b) · Debt · Jun 2023Closed
Raised $550KInvestors 2
Rule 506(b) · Equity · Oct 2021Closed
Raised $1.8MInvestors 8

Team

3 people
Christopher KasparFounder
CEO & Founder
Wesley Lyons
Manager of General Partner
Douglas D. Kaspar
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 requiredFewer than 300 holders of record

Filed 1 of 3 annual reports (FY2023–FY2025)

123 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-ARFeb 25, 20260001891479-26-000001
    EDGAR
  • Form DJan 30, 20250001891479-25-000001
    EDGAR
  • Form CMar 7, 20240001670254-24-000181
    EDGAR
  • Form DJul 13, 20230001891479-23-000005
    EDGAR
  • Form DNov 3, 20210001891479-21-000001
    EDGAR
Source: ManualCIK 0001891479

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.