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Upshift

Operating

Upshift Inc.

Transportation · Oakland, CA · Founded 2012

Immigrant-foundedWoman-founded

Redefining car ownership for urban living

Valuation cap ⓘ
$15.0M
As of Nov 2022 · from Reg CF Offering (2022-06-30) · a SAFE/note conversion ceiling, not a priced valuation
Total raised
$1,123,657
Crowd $1.0M · Private $100K · 4 rounds since 2019
Latest share price
$0.0134
Section 4(a)(2) · Common Stock · Sep 2019 offering price

Financials

FY2017–FY2022 · from SEC filings · hover any figure for its source
$55K
−$49K
2017
$65K
−$233K
2018
$168K
−$121K
2019
$143K
−$214K
2020
$143K
−$214K
2021
$197K
−$598K
2022
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2017 reviewed*
FY2018 reviewed*
FY2019
FY2020
FY2021 reviewed
FY2022 reviewed
Income statement
Revenue
$55,115
$64,847
$168,036
$143,464
$143,464
$196,677
Cost of goods sold
$98,706
$293,429
$276,357
$360,109
$360,109
$117,300
Gross margin
-79%
-352%
-64%
-151%
-151%
40%
Net income
-$48,692
-$233,213
-$120,605
-$214,299
-$214,299
-$597,910
Taxes paid
$0
$0
$0
$0
$0
$0
Balance sheet
Cash
$32,429
$77,126
$6,377
$10,006
$10,006
$240,507
Accounts receivable
$0
$0
$0
$7,467
$7,467
$6,700
Total assets
$49,803
$141,625
$105,044
$262,013
$262,013
$659,846
Short-term debt
$4,068
$12,098
$107,586
$378,653
$378,653
$553,280
Long-term debt
$86,846
$407,439
$357,129
$330,712
$330,712
$325,860
Total liabilities
$90,914
$419,537
$464,715
$709,365
$709,365
$879,140
Other
Headcount
—
4
—
4
6
6

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
$8.0M
Valuation cap
$15.0M
Valuation cap
Reg CF · SAFE · Nov 2019
Reg CF · SAFE · Jun 2022

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

Share counts as of Dec 31, 2020
ClassOutstandingVotes / shareShare of totalLast price
Common Stock7,462,316—100.0%$0.0134Sep 2019

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 · Dec 2022Closedvia WeFunder
Raised $129.4K / $447KInvestors 198
Reg CF · SAFE · Jun 2022Closedvia Republic
Raised $178.3K / $535KInvestors 402Valuation cap $15M
Reg CF · SAFE · Nov 2019Closedvia Republic
Raised $715.9K / $1.1MInvestors 3,007Valuation cap $8M

Team

1 person
Ezra GoldmanFounder
CEO & 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 requiredFiled Form C-TR (terminated reporting)

Filed 2 of 7 annual reports (FY2019–FY2025)

3,007 investors
holder-count proxy

Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.

  • Form C/AApr 21, 20230001670254-23-000381
    EDGAR
  • Form C/ADec 30, 20220001722137-22-000009
    EDGAR
  • Form CDec 22, 20220001670254-22-001296
    EDGAR
  • Form C-UNov 21, 20220001722137-22-000007
    EDGAR
  • Form CJun 24, 20220001722137-22-000005
    EDGAR
  • Form C-TRMay 3, 20220001722137-22-000002
    EDGAR
  • Form C-ARMay 3, 20220001722137-22-000001
    EDGAR
  • Form C-ARMay 19, 20210001722137-21-000003
    EDGAR
Source: ManualCIK 0001722137DEShare price $0.0134

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.