TRANSCEND NETWORK

Operating

Transcend Network LLC

Software & AI · Founded 2020

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Empower founders building the future of learning and work around the world

Valuation cap ⓘ

$6.0M

As of Apr 2023 · from Reg CF Offering (2023) · a SAFE/note conversion ceiling, not a priced valuation

Total raised

$158,937

Crowd $82K · Private $77K · 3 rounds since 2022

Financials

FY2020–FY2023 · from SEC filings · hover any figure for its source

$10K

−$7K

2020

2021

$55K

−$22K

2022

$111K

−$116K

2023

RevenueNet income — beside revenue when positive, below the line when a loss

Metric

FY2020 reviewed*

FY2021 reviewed*

FY2022 reviewed

FY2023 reviewed

Income statement

Revenue

$9,900

—

$54,995

$110,521

Cost of goods sold

—

$138,896

Gross margin

100%

—

100%

-26%

Net income

-$6,789

—

-$22,388

-$115,808

Taxes paid

—

Balance sheet

Cash

$5,778

—

$5,778

$564,920

Accounts receivable

—

Total assets

$5,778

—

$5,778

$1,174,920

Short-term debt

—

Long-term debt

$12,566

—

$36,504

$44,606

Total liabilities

$12,566

—

$36,504

$44,606

Other

Headcount

—

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

$6.0M

Valuation cap

Reg CF · SAFE · Feb 2023

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 · SAFE · Feb 2023Closedvia WeFunder

Raised $82.2K / $300KInvestors 34Valuation cap $6M

Rule 506(b) · SAFE · Dec 2022Closed

Raised $40K

Private · Feb 2022Closed

Raised $36.7K

Team

2 people

Alberto Martinez de ArenazaFounder

Co-founder

Michael NareaFounder

Co-founder

Names and titles as disclosed on SEC Form C. Bios and photos come from the platform campaign page and may be out of date.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-ARApr 19, 20240001670254-24-000380
EDGAR
Form CJan 31, 20230001670254-23-000052
EDGAR

Source: ManualCIK 0001964099

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.