Crowdonomics
All companies
Terraformation logo

Terraformation

Operating

Terraformation Inc.

Software & AI · B2B · Waimea, DE · Founded 2020

Hyperscaling forest restoration to reverse climate change

Valuation cap ⓘ
$105.0M
As of Jan 2022 · from Reg CF Offering (2021) · a SAFE/note conversion ceiling, not a priced valuation
Total raised
$63,858,046
Crowd $4.6M · Private $59.2M · 6 rounds since 2020
Latest share price
$0.3519
Private · Class B Common Stock · Jun 2021 offering price

Financials

FY2019–FY2023 · from SEC filings · hover any figure for its source
$0
2019
$17K
−$2.2M
2020
$123K
−$17.8M
2021
$1.1M
−$15.7M
2022
$1.9M
−$12.5M
2023
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2019 audited*
FY2020 audited*
FY2021
FY2022
FY2023
Income statement
Revenue
$0
$17,211
$122,821
$1,067,524
$1,899,753
Cost of goods sold
$0
$17,211
$72,788
$792,694
$1,294,430
Gross margin
—
0%
41%
26%
32%
Net income
$0
-$2,217,634
-$17,756,384
-$15,724,500
-$12,497,144
Taxes paid
$0
$0
$0
$0
$0
Balance sheet
Cash
$0
$1,923,902
$22,031,299
$9,634,783
$23,392,452
Accounts receivable
$0
$0
$8,000
$264,664
$362,751
Total assets
$0
$2,051,345
$23,286,661
$13,494,077
$26,894,682
Short-term debt
$0
$0
$0
$163,050
$162,580
Long-term debt
$0
$0
$0
$493,534
$321,390
Total liabilities
$0
$0
$0
$656,584
$483,970
Other
Headcount
—
61
98
87
60

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
$105.0M
Valuation cap
Reg CF · SAFE · Sep 2021

Dashed amber bars are a SAFE or convertible note's valuation cap — the most it converts at, not what the company is worth.

Share price over rounds

log scale
$3.84$1.1625$0.3519
Mar 2021Jun 2021
Round offering price or verified disclosed saleDisclosed sale, unverified or year-only

Disclosed sales come from the issuer's own filings (prior-offering lines, audited-statement notes) and are amount ÷ securities sold. A down round is a firm point more than 25 % below the previous firm point of the same share class on a comparable basis; the comparison ignores unverified and year-only lines, and each class is drawn as its own line.

Cap table

Principal holders% as the filing states it, Apr 29, 2024

  • Yishan Wong9,962,638 Class A Common Stock73.5%of votes
  • Yishan Wong287,598 Series A Preferred Stock73.5%of votes
  • Yishan Wong651,041 Series A-1 Preferred Stock73.5%of votes
  • Yishan Wong1,015,625 Series Seed Preferred Stock73.5%of votes

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

Raised $25.4MInvestors 17
Reg CF · SAFE · Sep 2021Closedvia Republic
Raised $4.6M / $5MInvestors 3,312Valuation cap $105M
Raised $30MInvestors 23

Team

3 people
Yishan Wong
Chief Executive Officer
Max Altman
Director
Olga Irzak
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 3 of 5 annual reports (FY2021–FY2025)

3,312 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-ARApr 29, 20240001852878-24-000001
    EDGAR
  • Form C-TRApr 29, 20240001852878-24-000002
    EDGAR
  • Form C-ARApr 28, 20230001846988-23-000003
    EDGAR
  • Form C-ARMay 4, 20220001836842-22-000003
    EDGAR
  • Form C-UFeb 1, 20220001852878-22-000001
    EDGAR
  • Form CSep 13, 20210001852878-21-000003
    EDGAR
  • Form DJun 9, 20210001852878-21-000002
    EDGAR
  • Form DMar 25, 20210001852878-21-000001
    EDGAR
Source: ManualCIK 0001852878DEShare price $3.834

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.