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True Gault

Operating

True Gault, Inc.

Beauty & Fashion · Victor, NY · Founded 2014

Woman-founded
Visit website
Valuation cap ⓘ
$10.0M
As of Feb 2018 · from Reg CF Offering (2017) · a SAFE/note conversion ceiling, not a priced valuation
Total raised
$2,987,387
Crowd $80K · Private $2.9M · 3 rounds since 2014

Financials

FY2015–FY2018 · from SEC filings · hover any figure for its source
$148K
−$637K
2015
$42K
−$799K
2016
$55K
−$947K
2017
$137K
−$907K
2018
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2015 reviewed*
FY2016 reviewed*
FY2017
FY2018
Income statement
Revenue
$147,501
$42,454
$55,155
$136,800
Cost of goods sold
$111,186
$102,991
$44,906
$78,199
Gross margin
25%
-143%
19%
43%
Net income
-$636,917
-$799,357
-$946,811
-$906,983
Taxes paid
$19,257
$6,034
$13,584
$6,385
Balance sheet
Cash
$114,561
$32,011
$65,044
$35,077
Accounts receivable
$637
$1,039
$2,221
$8,478
Total assets
$203,910
$594,239
$734,740
$664,762
Short-term debt
$183,939
$353,289
$324,445
$319
Long-term debt
$235,432
$1,255,764
$2,287,500
$2,888,500
Total liabilities
$419,371
$1,609,053
$2,611,945
$2,888,819
Other
Headcount
—
3
—
3

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
$10.0M
Valuation cap
Reg CF · SAFE · Nov 2017

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

Cap table

Principal holders% as the filing states it, Apr 30, 2019

  • Sandra Gault37.4%of company
  • Julian Sanchez29.1%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 · Nov 2017Closedvia Republic
Raised $79.9K / $1.1MInvestors 166Valuation cap $10M
Rule 506(b) · Debt · Sep 2015Closed
Raised $1.6MInvestors 7
Rule 506(b) · Equity · Feb 2014Closed
Raised $1.3MInvestors 10

Team

3 people
Sandra GaultFounder
CEO and Co-Founder
Julian Sanchez
Director and Vice President of Operations
Jennifer Tegan
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 1 of 9 annual reports (FY2017–FY2025)

166 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-TRJun 16, 20200001598982-20-000002
    EDGAR
  • Form C-ARApr 30, 20190001598982-19-000002
    EDGAR
  • Form C-UMar 7, 20180001598982-18-000001
    EDGAR
  • Form CNov 17, 20170001598982-17-000003
    EDGAR
  • Form D/AJun 2, 20170001598982-17-000002
    EDGAR
  • Form D/AOct 16, 20150001598982-15-000004
    EDGAR
  • Form DOct 7, 20150001598982-15-000002
    EDGAR
  • Form DFeb 24, 20140001598982-14-000001
    EDGAR
Source: SEC EDGARCIK 0001598982DELast synced Aug 17, 2026

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.