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Whereable Technologies Inc.

Operating

Whereable Technologies, Inc.

Software & AI · SaaS · Mount Pleasant, SC · Founded 2015

Wearable personal emergency device

Post-money valuation ⓘ
$44.6M
As of Apr 2022 · from Reg CF Offering (2022) · pre-money + amount raised, not a traded price
Total raised
$47,048,804
Crowd $93K · Private $47.0M · 4 rounds since 2015
Latest share price
$4.00
Reg CF · Common Stock · Feb 2022 offering price

Financials

FY2019–FY2021 · from SEC filings · hover any figure for its source
$86K
−$6.5M
2019
$539K
−$5.0M
2020
$454K
−$2.5M
2021
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2019 audited*
FY2020 audited*
FY2021
Income statement
Revenue
$86,333
$538,946
$453,574
Cost of goods sold
$27,793
$164,305
$94,002
Gross margin
68%
70%
79%
Net income
-$6,546,809
-$4,965,643
-$2,490,601
Taxes paid
$0
$0
$0
Balance sheet
Cash
$238
$150,105
$92,820
Accounts receivable
$18,963
$384,831
$402,758
Total assets
$851,850
$1,098,511
$1,274,437
Short-term debt
$2,016,271
$3,560,263
$6,264,259
Long-term debt
$2,896,687
$2,600,000
$0
Total liabilities
$4,912,958
$6,160,263
$6,264,259
Other
Headcount
—
6
3

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
$44.5M
pre-money
Reg CF · Common · Feb 2022

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

Share price over rounds

$4.00$2.00$2.4214
Mar 2021Feb 2022
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, 2021
ClassOutstandingVotes / shareShare of totalVotesLast price
Preferred Stockpreferred4,111,698none100.0%—$4.00Feb 2022

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 $350KInvestors 12
Raised $92.5K / $55MInvestors 36Post-money $44.6M
Raised $23.7MInvestors 107

Team

8 people
A. Dale Mayo
CEO, Chairman of the Board, Director

Bud Mayo is a highly respected entrepreneur and no stranger to technology, having led the conversion of movie theaters from film to digital cinema. Bud was the founder, chairman, president and CEO of Cinedigm, a pioneer in the digital cinema industry, from 2000 to 2010. He later founded Digital Cinema Destinations Corp., also known as Digiplex Destinations, which operated 20 interactive entertainment centers and nearly 200 movie screens across the nation before being purchased by Carmike Cinemas in 2014. Bud has been involved in technology-related businesses since beginning his business career in sales at IBM. He has earned numerous other achievements and accolades, including his 2010 induction into the film exhibition Hall of Fame , a 2009 Telly Award, and was the recipient of Ernst & Young’s 2006 Regional Entrepreneur of the Year Award for Technology and Innovation.

Jason Stevens
Chief Architect and Director of Engineering

Previously served as a Principal Engineer at Oracle, and then as a Software Architect at Spectra Logic, a computer data storage company.

Jim Van Law
President, Chief Revenue Officer, Director

Jim Van Law is a nationally recognized banker, respected leader and visionary entrepreneur who brings more than 35 years’ experience in local, regional, national and global finance and business-building to Whereable Technologies. Previous to his role as President of Whereable Technologies, he helmed Van Law Strategic Solutions for five years, where he provided research, strategy, oversight and implementation to help start-ups get off the ground and mature businesses re-establish themselves in the marketplace. Prior to his life as an entrepreneur, Van Law was a force in the banking world. He was instrumental in the U.S. launch of the publicly traded Australian company Bartercard, serving as vice president and national director of sales and trading. He also served in leadership roles at New England Bank, Sovereign Bank and Citigroup.

Warren H Colodner
Executive Vice President, General Counsel, & Secretary

Warren Colodner is nationally recognized U.S. business litigation and corporate lawyer. He co-founded the New York office of global law firm K&L Gates. Prior to joining Whereable Technologies, Colodner served as general counsel and corporate secretary of Digital Cinema Destinations Corp. (DCIN), a movie theater chain whose stock was publicly traded on NASDAQ.

Fred Casanova
VP Software Development

An experienced technical executive, with decades of experience in director- and C-level positions at Sun Microsystems, SpectraLogic, DigiData, and StorageTek.

Regina Keene
Director of Corporate Services

Over 20 years experience in healthcare, government relations and project management.

Francis G Johnson
Member of the Board of Directors

Francis Johnson maintains responsibility for all facets of Johnson & Johnson (J&J). He is one of three owners of the fourth-generation family business that his grandfather founded in 1930. Johnson began working at J&J in 1986 after a nine-month internship with Lloyds of London. As President of Johnson & Johnson Preferred Financing (JJPF), he ensures the success of a cutting-edge technology and service-driven insurance related sales organization.

Warren Colodner
Director, EVP and General Counsel

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 requiredFiled Form C-TR (terminated reporting)

Filed 1 of 5 annual reports (FY2021–FY2025)

107 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 28, 20230001653214-23-000001
    EDGAR
  • Form D/AAug 22, 20220001653214-22-000012
    EDGAR
  • Form DJul 22, 20220001653214-22-000011
    EDGAR
  • Form C-UMay 10, 20220001665160-22-001607
    EDGAR
  • Form C-ARApr 28, 20220001653214-22-000009
    EDGAR
  • Form C/AMar 18, 20220001665160-22-000493
    EDGAR
  • Form CFeb 2, 20220001665160-22-000206
    EDGAR
  • Form D/AJan 13, 20220001653214-22-000004
    EDGAR
Source: ManualCIK 0001653214DEShare price $4.00

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.