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VEL

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Space 3, Inc.

Retail & Consumer · Founded 2020

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Post-money valuation ⓘ
$10.7M
As of Jun 2022 · from Reg CF Offering (2022) · pre-money + amount raised, not a traded price
Total raised
$6,818,642
Crowd $1.7M · Private $5.1M · 6 rounds since 2021
Latest share price
$0.68
Reg CF · Preferred Stock · Feb 2022 offering price

Financials

FY2019–FY2024 (no data for FY2021, FY2022) · from SEC filings · hover any figure for its source
$0
2019
$0
−$81K
2020
2021no data
2022no data
$55K
−$1.1M
2023
$54K
−$2.7M
2024
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2019 audited
FY2020 audited
FY2023 unaudited
FY2024 unaudited
Income statement
Revenue
$0
$0
$55,412
$53,720
Cost of goods sold
$0
$0
$9,345
$13,280
Gross margin
—
—
83%
75%
Net income
$0
-$80,981
-$1,113,159
-$2,660,568
Taxes paid
$0
$0
$0
$0
Balance sheet
Cash
$0
$455,316
$76,081
$321,184
Accounts receivable
$0
$0
$0
$0
Total assets
$0
$522,572
$1,303,995
$1,618,858
Short-term debt
$0
$17,892
$0
$35,433
Long-term debt
$0
$18,062
$474,000
$0
Total liabilities
$0
$35,954
$474,000
$35,433
Other
Headcount
—
2
—
9

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

Pre-money — the valuation set before each round’s money came in
$9.0M
pre-money
Reg CF · Preferred · Feb 2022

Blue bars are the pre-money valuation the company stated for a priced round.

Fundraising history

Rule 506(b) · Preferred Stock · Jun 2023Closed
Raised $2.1MInvestors 4
Rule 506(b) · Convertible Note · Nov 2023Closed
Raised $475K
Section 4(a)(2) · SAFE · Jun 2022Closed
Raised $500K
Private · SAFE · Sep 2022Closed
Raised $1.5M
Reg CF · Preferred Stock · Feb 2022Closedvia WeFunder
Raised $1.7M / $2MInvestors 85Post-money $10.7M
Rule 506(b) · Preferred Stock · Feb 2021Closed
Raised $549KInvestors 11

Team

2 people
John GunnFounder
Cofounder & Vice President
Mo HamzianFounder
Cofounder & CEO

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 requiredFewer than 300 holders of record

Filed 1 of 5 annual reports (FY2021–FY2025)

85 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-ARNov 6, 20240001670254-24-001072
    EDGAR
  • Form DAug 14, 20230001849679-23-000001
    EDGAR
  • Form CJan 24, 20220001670254-22-000073
    EDGAR
  • Form DMar 8, 20210001849679-21-000001
    EDGAR
Source: ManualCIK 0001849679Share price $0.68

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.