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Utherverse

Operating

Utherverse Inc.

Software & AI · AI · Carson City · Founded 2005

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Next generation of the internet - 4th generation metaverse platform launch

Valuation cap ⓘ
$70.0M
As of Jan 2024 · from Reg CF Offering (2023) · a SAFE/note conversion ceiling, not a priced valuation
Total raised
$1,302,519
Crowd $203K · Private $1.1M · 2 rounds since 2023
Latest share price
$1.00
Rule 506(b) · Equity · Apr 2023 disclosed sale

Financials

FY2021–FY2023 · from SEC filings · hover any figure for its source
$3.8M
$70K
2021
$3.2M
−$2.0M
2022
$1.7M
−$377K
2023
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2021 reviewed
FY2022 reviewed
FY2023
Income statement
Revenue
$3,822,940
$3,190,247
$1,744,544
Cost of goods sold
$2,075,936
$1,663,950
$1,415,214
Gross margin
46%
48%
19%
Net income
$69,787
-$1,962,787
-$376,821
Taxes paid
$72,797
$25,454
$0
Balance sheet
Cash
$93,888
$648,677
$227,833
Accounts receivable
$3,795
$14,582
$0
Total assets
$1,168,688
$1,645,402
$3,924,552
Short-term debt
$1,259,114
$1,998,615
$2,041,658
Long-term debt
$0
$1,700,000
$0
Total liabilities
$1,259,114
$3,698,615
$2,041,658
Other
Headcount
—
0
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
$70.0M
Valuation cap
Reg CF · SAFE · Oct 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 · Oct 2023Closedvia Republic
Raised $202.5K / $1.2MInvestors 344Valuation cap $70M
Rule 506(b) · Equity · Apr 2023Closed
Raised $1.1MInvestors 2

Team

1 person
Brian Shuster
Chief Executive Officer

Names and titles as disclosed on SEC Form C. Bios and photos come from the platform campaign page and may be out of date.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 3 annual reports (FY2023–FY2025)

344 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-TRApr 22, 20240001974250-24-000004
    EDGAR
  • Form C-ARApr 22, 20240001974250-24-000002
    EDGAR
  • Form C-UJan 29, 20240001974250-24-000001
    EDGAR
  • Form COct 23, 20230001974250-23-000001
    EDGAR
  • Form D/AOct 3, 20230001013762-23-000554
    EDGAR
  • Form DApr 21, 20230001213900-23-031481
    EDGAR
Source: ManualCIK 0001974250NV

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.