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Wand

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Wand USA Inc.

Retail & Consumer · Denver, CO

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Post-money valuation ⓘ
$8.1M
As of Feb 2020 · from Reg CF Offering (2018) · pre-money + amount raised, not a traded price
Total raised
$103,254
Crowd $78K · Private $25K · 2 rounds since 2018
Latest share price
$9.52
Reg CF · Common Stock · Dec 2018 offering price

Financials

FY2016–FY2018 · from SEC filings · hover any figure for its source
$0
2016
$0
2017
$0
2018
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2016 reviewed*
FY2017 unaudited
FY2018 unaudited
Income statement
Revenue
$0
$0
$0
Cost of goods sold
$0
$0
$0
Net income
$0
$0
$0
Taxes paid
$0
$0
$0
Balance sheet
Cash
$0
$0
$0
Accounts receivable
$0
$0
$0
Total assets
$0
$0
$0
Short-term debt
$0
$0
$0
Long-term debt
$0
$0
$0
Total liabilities
$0
$0
$0
Other
Headcount
—
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

Pre-money — the valuation set before each round’s money came in
$8.0M
pre-money
Reg CF · Common · Dec 2018

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

Share price over rounds

log scale
$9.52$1.3039$0.1786
Jul 2018Dec 2018
Round offering price or verified disclosed saleDisclosed sale, unverified or year-only

Disclosed sales come from the issuer's own filings (prior-offering lines, audited-statement notes) and are amount ÷ securities sold. A down round is a firm point more than 25 % below the previous firm point of the same share class on a comparable basis; the comparison ignores unverified and year-only lines.

Cap table

Share counts as of Dec 31, 2018
ClassOutstandingVotes / shareShare of totalLast price
Common stock842,503—100.0%$9.52Dec 2018

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

Raised $78.3K / $1.1MInvestors 190Post-money $8.1M

Team

12 people
AndrewFounder
Co-Founder (prev CEO)

Andrew is a Co-founder and Owner of Wand and has an extensive background in business operations and development. Andrew has built and sold several ecommerce retail stores, and owned and operated an exclusive consulting firm local to Denver. (Wand is now the only company in which Andrew has ownership.) Some of Andrew’s specialties include; Operations, Strategy/Mission execution, Branding and vision Development, Product Innovation and Digital Marketing.

BenFounder
Co-Founder, CEO and Director (prev COO)

Ben is a Co-Founder and Owner of Wand USA Inc. Started his first business at 17 and exited after 9 months prior to moving to Denver to pursue professional training in UI/UX, web development, business strategy, and operational management. In 2017, managed marketing efforts for WRIO Internet OS as CMO to grow and manage over 70,000 followers before bridging full time to Wand. Now relocated to St. Louis, Ben is also a Member of the Park Place Non-Profit Board of Directors where he has further expanded his officer level skill set. Along with an additional 5+ years of freelance experience, Ben is contributing his expertise in Marketing, Design, Software Development, Campaign Management, SEO and Customer Acquisition to Wand.

GeraldFounder
CTO and Director

A serial entrepreneur, Gerald was the founder of ClearAccess Corp, the first graphical business intelligence tool, sold to sterling software in 1994 for $5M. Gerald followed this exit by co-founding Artinsoft in 1997-now Mobilize.NET- which licensed its technology to Microsoft in 1999 for $21M. Gerald brings to Wand this past experience and additional expertise in development, software architecture, acquisition strategy, data security, corporate structure as well as numerous industry connections in the tech sphere to leverage moving forward, helping to maximize Wand’s potential for growth.

Andrew Schlack
CEO, Principal Executive Officer and Director
Benjamin Anderson
COO, Principal Financial Officer, Principal Accounting Officer, Director
Alexandru Rosca
Mobile Front-End Developer

Alexandru is a professional mobile first developer and has been working in the field for about 1.5 years. He has grown his skill set through formal training and freelance work and learns to adapt and grow with any project which means his skill set is constantly growing to better serve with every new opportunity. He is devoted to the tasks he takes on and has a passion for bringing new platforms to life through the medium of technology and will be doing so next in the case of Wand. He is not afraid of learning new technologies and his enthusiasm makes this easier for him to do so. Transparency and modesty make him the right guy for any work delegated to him.

Colten Smith
Business Development Intern

Colten has an acute eye for structuring processes and will be lending his talents in this area as well as digital marketing and business development research to the Wand team. Colten has a passion for personal growth and learning that drives him to bring the most value possible in any given relationship and an ability to adapt, learn and succeed under any circumstances. With Wand's rapid plans for growth, he is helping to strategize new market opportunity and plans for entry in addition to managing Wand's digital presence.

Marvin Parke
Software Architect

Marvin’s motto is to develop for modularity, scalability and performance. Marvin has been developing applications for over 8 years since entering the world of programming through Launch Code and applications that he built 8 years ago still work across multiple platforms and technology time gaps. Marvin is a full-stack, programming polyglot and is offering this wide array of expertise to Wand. He is also a curriculum coordinator for Code Academy and will be putting his knowledge in teaching to use by improving the practices and execution of the Wand platform’s development as a whole.

Brent Huston
Advisor

Brent has a keen eye for what makes sense in any situation. His 30 years of business experience has benefited greatly from his thoughtful nature and his ability to make quick, smart decisions. He is a smart investor in both business and real estate and prides himself on successfully managing others to reach their potential.

Show 3 more people
Dave Demsky
Advisor

Dave has long enjoyed the entrepreneurial spirit since starting several businesses from his dorm room in college. In his 30 years of working for and running successful businesses he has learned to delegate and trust the right people to get things done, but also there are times you need to sweat the small stuff and pay attention to the smallest details. He is never happy with the status quo as he always wants to be ten steps ahead of the competition.

Jason Klein
Advisor

In 2000 decided to become an entrepreneur and co-founded our own manufacturing company, Cush Suspension. Currently President of Engineering for Cush Suspensions where we now have 60 employees and manufacture suspensions for the heavy-duty vehicle market and ship product all over the USA. With over half a dozen patents and also involved in many other companies besides Cush Corp.

Kevin Schlack
Advisor

Kevin has a rare gift with having both an analytical and creative mind. Over the last 20 years, not only has he launched multiple successful companies on his own, but he has recognized when others have had great ideas for a business and partnered with them to help ensure they see their vision to fruition.

Names and titles as disclosed on StartEngine, 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 8 annual reports (FY2018–FY2025)

190 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-TRApr 27, 20200001665160-20-000418
    EDGAR
  • Form C-UFeb 10, 20200001665160-20-000102
    EDGAR
  • Form C/ADec 31, 20190001665160-19-001262
    EDGAR
  • Form C/ADec 2, 20190001665160-19-001149
    EDGAR
  • Form C/AOct 1, 20190001665160-19-000970
    EDGAR
  • Form C/AAug 6, 20190001665160-19-000835
    EDGAR
  • Form C/AMay 23, 20190001665160-19-000662
    EDGAR
  • Form C-ARMay 1, 20190001665160-19-000578
    EDGAR
Source: ManualCIK 0001757445DEShare price $9.52

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.