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Virtual QE

Operating

Education · Sunrise, FL

Video Instruction for High-Skill Work A Pathway to Eliminating Unemployment and Growing Manufacturing

Post-money valuation ⓘ
$8.1M
As of Feb 2019 · from Reg CF Offering (2018) · pre-money + amount raised, not a traded price
Total raised
$135,880
Across 1 round since 2018
Latest share price
$10.00
Reg CF · Common Stock · Aug 2018 offering price

Financials

FY2016–FY2020 · from SEC filings · hover any figure for its source
$261K
$53K
2016
$263K
$60K
2017
$158K
−$204K
2018
$149K
−$89K
2019
$29K
−$566
2020
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2016 reviewed*
FY2017 reviewed*
FY2018
FY2019
FY2020
Income statement
Revenue
$261,169
$263,155
$157,589
$149,200
$28,524
Cost of goods sold
$179,998
$168,777
$289,750
$102,998
$24,596
Gross margin
31%
36%
-84%
31%
14%
Net income
$53,042
$60,254
-$203,826
-$88,656
-$566
Taxes paid
$0
$0
$0
$0
$0
Balance sheet
Cash
$61,056
$2,977
$26,585
$537
-$107
Accounts receivable
$0
$6,837
$96,146
$0
$0
Total assets
$61,056
$9,814
$122,731
$537
-$107
Short-term debt
$13,422
$25,206
$236,069
$0
$0
Long-term debt
$0
$0
$0
$222,452
$192,987
Total liabilities
$13,422
$25,206
$236,069
$222,452
$192,987
Other
Headcount
—
4
4
4
1

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
$8.0M
pre-money
Reg CF · Common · Aug 2018

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

Fundraising history

Raised $135.9K / $1.1MInvestors 98Post-money $8.1M

Team

6 people
Shawn FindlaterFounder
Founder, Director, President and CEO

Shawn Findlater is full time Founder, CEO and Sr. Quality Consultant at Virtual QE, where among other things he provides trainings on quality tools such as PFMEA, control plans, and gage R&R; helps organizations implement preventative tools to prevent defects from occurring, and advises in supplier quality management and quality system management. He has served as CEO since September of 2015. He has certifications from the American Society of Quality as a Certified Quality Engineer (CQE), Certified Six Sigma Black Belt (CSSBB), Certified Software Quality Engineer (CSQE) and is a ISO 13485 Lead Auditor. He has consulted with companies from startups to Fortune 500 companies in the Medical Device and Aerospace industry. He has worked as a full-time employee for 6 years as a Quality Engineer in the Medical Device and Aerospace industry. Throughout his Quality career, he has developed relationships and contacts with over 400 companies in the United States, Mexico, Canada, and Australia and has 7,000+ Quality professional contacts at various countries in North America, Europe, Australia, and Asia

John Hawkins
Advisory Board/Leadership and Talent Development

John Hawkins is an influential Leadership Coach and Business Owner of Building Effective Leaders. His clients range from workers/ executives in small businesses to C-suite executives of Fortune 500 companies and the President of Guatemala. His leadership advice will be important in increase Virtual QE LLC’s influence both internally and externally.

Joshua Schnoor
Business Development Manager

Eian "Joshua" Schnoor is an engineer from The University of Florida. He has spent the majority of his career in technical sales for a fortune 100 company. As the top graduate of the company's formal business development curriculum, he has been responsible for millions of dollars of revenue for manufactures like Johnson Controls, YORK, Aaon, and LG. As a previous small business owner, he is familiar with most aspects of business and considers customer satisfaction paramount. Equipped to engage with every type of client, he targets customer needs and focuses on the practical solutions. Furthermore, he has traveled domestically and internationally to serve orphans. The Virtual QE mission statement is his motivation.

Marc Horowitz
Business Development Advisor

Marc brings over twenty-five years of global leadership experience healthcare. In those years he was the cofounder with a small team of two venture-backed healthcare software companies; established track record of raising venture capital, and launching and growing successful concerns; driver and activist in industry standards groups; proven leadership, consensus team building, and strategic planning skills

Mark Durivage
Technical Quality Engineering Advisor

Mark Allen Durivage has worked as a practitioner, educator, and consultant. He is Managing Principal Consultant at Quality Systems Compliance LLC. He is an American Society for Quality (ASQ) Fellow and holds several ASQ certifications including; CQM/OE, CRE, CQE, CQA, CHA, CBA, CPGP, and CSSBB. He was a contributing author and the editor of three ASQ certification handbooks, the author of Practical Engineering, Process, and Reliability Statistics, Practical Attribute and Variable Measurement Systems Analysis (MSA), and Practical Design of Experiments; and co-author, with Bhavan (Bob) Mehta, of Practical Process Validation.

Paul Henry
Video Editing Manager

Paul Henry leads our digital operations, content, and social media strategy department. He has a robust experience with creating and scaling digital content and is an excellent leader. Prior to Virtual QE, Paul was the Director of Media and Technology at Greenhouse Church, where he managed about a dozen staff and volunteers. As the owner of Paul and Shana Events, Paul has overseen a team of content producers, photographers, technical coordinators , a video producer and collaborated with others to ensure that content enhances the brand position.

Names and titles as disclosed on SEC Form C, StartEngine. 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 3 of 8 annual reports (FY2018–FY2025)

98 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-AR/AJun 21, 20210001665160-21-001091
    EDGAR
  • Form C-ARApr 28, 20210001665160-21-000636
    EDGAR
  • Form C-ARJun 8, 20200001665160-20-000739
    EDGAR
  • Form C-ARJun 8, 20200001665160-20-000741
    EDGAR
  • Form C-UAug 23, 20190001665160-19-000872
    EDGAR
  • Form C-UFeb 12, 20190001665160-19-000173
    EDGAR
  • Form C/ADec 7, 20180001665160-18-001323
    EDGAR
  • Form C/AOct 10, 20180001665160-18-001056
    EDGAR
Source: ManualCIK 0001748859FLShare price $10.00

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.