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This isn’t Solgaard’s most recent raise. Reg CF · Common Stock · Apr 2026 (Closed) is more current.View latest round
Solgaard

Reg CF · Common Stock · Sep 2020

ClosedReached targetReg CFCommon Equity
via StartEngine · last checked Oct 4, 2026View campaign
Raised
$939.3K / $1.1M max
88% of ceiling · target hit day 1
Investors
889
$1.1K avg
Post-money valuation
$25.1M
pre-money + amount raised

Raised over time

Cumulative raisedInvestors
$939K$470K$0
8884440
Sep 23, 2020 · openedMar 23, 2021 · last reading
Target ($10K) hit — Sep 24, 2020, day 1Deadline Mar 22, 2021

Left axis: cumulative dollars raised. Right axis: cumulative investors. Live figures via StartEngine, last checked Oct 4, 2026; investor counts may lag the platform by up to a day.

Financials disclosed in this offering

FY2018–FY2019 · hover for source
$1.1M
−$181K
FY2018
$3.0M
−$475K
FY2019
RevenueNet income
Metric
FY2018
FY2019 reviewed*
Income statement
Revenue
$1,078,193
$2,981,927
Cost of goods sold
$716,555
$1,374,046
Gross margin
34%
54%
Net income
-$181,457
-$475,002
Taxes paid
$0
$0
Balance sheet
Cash
$35,398
$390,224
Accounts receivable
$76,667
$324,540
Total assets
$209,461
$1,164,756
Short-term debt
$268,245
$451,406
Long-term debt
$150,000
$1,397,136
Total liabilities
$418,245
$1,848,542
Other
Headcount
—
10

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

Amendments to this offering

2 amendments
  1. Sep 30, 2020
    Terms not yet extracted from this filing
    Form C/A on EDGAR ↗
  2. Sep 22, 2020
    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

Pre-money$24.2M
Post-money$25.1M
Price / share$2.00
Price / share today$0.125
Shares offered5,000

$2.00 as sold; $0.125 after the Nov 2025 split (16:1) (Form C, p. 79).

Perks

Friends and Family: first 24 hours: 25% bonus shares SolgaardSquad - next 48 hours: 15% bonus shares Super Early bird… · until Sep 23, 202025% bonus

Offering details

Target$10,000
Max$1,070,000
Min investment$300
OpenedSep 23, 2020
DeadlineMar 22, 2021
ClosedMar 22, 2021
Days active180

Links & provenance

Campaign pagePitch videoSEC filingStartEngine listing
Source: Manual
0001665160-20-001171
Last synced Aug 18, 2026

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.