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VALO (YC W19)
OperatingBoundary Layer Technologies Inc
Entertainment · Founded 2018
Hydrofoils unleashing a new era of water transportation
Valuation cap ⓘ
$50.0M
As of Apr 2024 · from Reg CF Offering (2023) · a SAFE/note conversion ceiling, not a priced valuation
Total raised
$177,763
Across 1 round since 2023
Financials
FY2021–FY2024 · from SEC filings · hover any figure for its source$0
−$1.0M
2021
$0
−$1.8M
2022
$150K
−$964K
2023
$65K
−$1.0M
2024
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2021
FY2022
FY2023
FY2024
Income statement
Revenue
$0
$0
$149,663
$65,078
Cost of goods sold
$0
$0
$0
$486,646
Gross margin
—
—
100%
-648%
Net income
-$1,045,305
-$1,826,872
-$964,452
-$1,025,926
Taxes paid
$0
$0
$0
$0
Balance sheet
Cash
$1,577,662
$342,147
$265,102
$201,661
Accounts receivable
$0
$0
$6,320
$0
Total assets
$1,602,543
$941,500
$716,765
$294,431
Short-term debt
$35,841
$250,379
$443,761
$579,485
Long-term debt
$15,071
$706,019
$1,017,020
$704,764
Total liabilities
$50,912
$956,398
$1,460,781
$1,284,249
Other
Headcount
—
2
—
2
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; no pill means the filing didn’t state one. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.
Valuation over rounds
Post-money = pre-money + amount raised · caps marked$50.0M
Valuation cap
Reg CF Offering (2023)
A dashed amber step is a SAFE/note valuation cap — a conversion ceiling agreed for that instrument, not a priced valuation of the company. Steps are not comparable across bases.
Fundraising history
Raised $177.8K / $1.2MInvestors 196Valuation cap $50M
Reg CF annual-report compliance
Not requiredFewer than 300 holders of record
Filed 1 of 3 annual reports (FY2023–FY2025)
196 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
Source: ManualCIK 0001998278
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.