Crowdonomics
PenPal Schools

Reg CF · SAFE · Jan 2019

ClosedReached targetReg CFSAFE
via Republic · last checked Oct 8, 2026View campaign
Raised
$74.5K / $1.1M max
7% of ceiling
Investors
238
$300.1 avg
Valuation cap
$12M
cap, not an agreed valuation

Financials disclosed in this offering

FY2016–FY2017 · hover for source
$4K
−$418K
FY2016
$7K
−$460K
FY2017
RevenueNet income
Metric
FY2016 reviewed*
FY2017 reviewed*
Income statement
Revenue
$4,397
$7,465
Cost of goods sold
$0
$0
Gross margin
100%
100%
Net income
-$417,936
-$460,354
Taxes paid
$214
$0
Balance sheet
Cash
$48,131
$148,914
Accounts receivable
$0
$0
Total assets
$56,331
$157,114
Short-term debt
$192,661
$12,274
Long-term debt
$505,630
$0
Total liabilities
$698,291
$12,274
Other
Headcount
—
6

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. Jan 29, 2019
    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$12M
Conversion discount20%

Offering details

Target$25,000
Max$1,070,000
Min investment—
OpenedJan 29, 2019
DeadlineApr 30, 2019
ClosedApr 10, 2019
Days active71

Links & provenance

Source: SEC EDGAR
0001644649-19-000002
Last synced Aug 19, 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.