Crowdonomics
Reel Paper

Reg CF · SAFE · Oct 2023

ClosedReached targetReg CFSAFE
via WeFunderView campaign
Raised
$504.2K / $478K max
100% of ceiling · target hit day 4
Investors
816
$617.9 avg
Valuation cap
$55M
cap, not an agreed valuation

Raised over time

Cumulative raisedInvestors
$1.2M$590K$0
8174090
Oct 15, 2023 · openedDec 6, 2023 · last reading
Target ($50K) hit — Oct 19, 2023, day 4$1.0M raised — Oct 21, 2023Deadline Apr 29, 2024 — 145 days out

Left axis: cumulative dollars raised. Right axis: cumulative investors. Live figures via WeFunder; investor counts may lag the platform by up to a day.

Financials disclosed in this offering

FY2021–FY2022 · hover for source
$7.5M
−$5.4M
FY2021
$13.5M
−$8.2M
FY2022
RevenueNet income
Metric
FY2021 reviewed
FY2022 reviewed
Income statement
Revenue
$7,476,272
$13,501,393
Cost of goods sold
$3,800,957
$7,752,618
Gross margin
49%
43%
Net income
-$5,375,412
-$8,182,001
Taxes paid
$0
$0
Balance sheet
Cash
$1,347,080
$599,569
Accounts receivable
$67,148
$489,005
Total assets
$3,174,039
$2,913,539
Short-term debt
$2,910,984
$5,173,204
Long-term debt
$8,170,137
$13,765,645
Total liabilities
$11,081,121
$18,938,849
Other
Headcount
—
7

The fiscal years the issuer disclosed in this offering’s filing, as filed. Full history on the company page.

Amendments to this offering

1 amendment
  1. Nov 27, 2023
    Terms not yet extracted from this filing
    Form C/A on EDGAR ↗

Each line compares the amendment with the previous filing of this offering. The quoted reason is the issuer’s own statement from the Form C/A.

Deal terms

Valuation cap$55M
Conversion discount20%

Offering details

Target$50,000
Max$478,000
Min investment$100
OpenedOct 15, 2023
DeadlineApr 29, 2024
ClosedDec 6, 2023
Days active52

Links & provenance

Source: Manual
0001670254-23-000940

About this data. Raised amounts and investor counts come from the platform listing and may lag or be restated; SEC-reported totals can differ until the next Form 1-Z/C-U. Post-money valuation is computed as pre-money plus amount raised and is shown once the round closes — it is not a traded price. Financial statements are as reported by the issuer. 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.