Tropical Racing
OperatingTROPICAL RACING INC
Sports & Recreation · Founded 2017
Disrupting the thoroughbred horse racing establishment
Financials
FY2018–FY2021 · from SEC filings · hover any figure for its sourceFigures 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
Pre-money — the valuation set before each round’s money came inDotted grey bars are our estimate for rounds that didn't state one: the round's share price × the shares outstanding in its filings. Same measure as blue, but rougher.
Share price over rounds
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.
Cap table
Principal holders% as the filing states it, Feb 7, 2023
- Troy Levy48,957,143 shares79.0%of company
- Greater than10.0%of company
- Ronald Kapphahn2,300,000 shares3.72%of company
Sold to the crowd
- Reg CF · Feb 202163,482 shares at $2.25$142.8K· 102 investors
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
Team
6 peopleNames and titles as disclosed on SEC Form C, SEC Form 1-A. Bios and photos come from the platform campaign page and may be out of date.
Reg CF annual-report compliance
Filed 1 of 6 annual reports (FY2020–FY2025)
Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.
SEC filings
View all 32 filings on EDGAR- Form 1-UJan 8, 20240001640334-24-000016EDGAR
- Form 253G2Feb 27, 20230001640334-23-000258EDGAR
- Form QUALIFFeb 17, 20239999999994-23-000069EDGAR
- Form 1-A-WFeb 9, 20230001640334-23-000190EDGAR
- Form 1-A POSFeb 7, 20230001640334-23-000172EDGAR
- Form 1-A/AFeb 7, 20230001640334-23-000169EDGAR
- Form 1-UDec 9, 20220001640334-22-002610EDGAR
- Form 1-SASep 22, 20220001640334-22-002089EDGAR
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.