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THRIVING DESIGN

Operating

Thriving Design, PBC

Retail & Consumer · Founded 2020

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Patented C-Bite clips helping gardners build custom plant supports

Valuation cap ⓘ
$4.0M
As of Aug 2022 · from Reg CF Offering (2022) · a SAFE/note conversion ceiling, not a priced valuation
Total raised
$58,870
Across 1 round since 2022

Financials

FY2020–FY2022 · from SEC filings · hover any figure for its source
$11K
−$116K
2020
$103K
−$271K
2021
$242K
−$163K
2022
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2020 reviewed*
FY2021 reviewed*
FY2022
Income statement
Revenue
$10,892
$102,863
$241,595
Cost of goods sold
$2,252
$138,642
$103,569
Gross margin
79%
-35%
57%
Net income
-$116,050
-$271,265
-$163,222
Taxes paid
$10
$0
$0
Balance sheet
Cash
$39,463
$38,933
$11,008
Accounts receivable
$2,816
$202
$32,151
Total assets
$103,009
$105,320
$179,753
Short-term debt
$87,294
$0
$27,040
Long-term debt
$81,329
$444,550
$633,108
Total liabilities
$168,623
$444,550
$660,148
Other
Headcount
—
3
0

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
$4.0M
Valuation cap
Reg CF · Note · Jul 2022

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 · Convertible Note · Jul 2022Closedvia WeFunder
Raised $58.9K / $250KInvestors 34Valuation cap $4M

Team

3 people
Jason RiderFounder
Cofounder
Morgan RiderFounder
Cofounder
john rder
Board Member

Names and titles as disclosed on SEC Form C. Bios and photos come from the platform campaign page and may be out of date.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 4 annual reports (FY2022–FY2025)

34 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-ARJun 27, 20230001926638-23-000001
    EDGAR
  • Form CJul 12, 20220001670254-22-000735
    EDGAR
Source: ManualCIK 0001926638

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.