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This isn’t Modern Picnic’s most recent raise. Section 4(a)(2) · SAFE · Jan 2023 (Closed) is more current.View latest round
Modern Picnic

Reg CF · SAFE · Jun 2022

ClosedReached targetReg CFSAFE
via Republic · last checked Oct 8, 2026View campaign
Raised
$102.6K / $1.1M max
10% of ceiling · target hit day 2
Investors
159
$645 avg
Valuation cap
$10M
cap, not an agreed valuation

Raised over time

Cumulative raisedInvestors
$102K$51K$0
159800
Jun 30, 2022 · openedOct 19, 2022 · last reading
Target ($25K) hit — Jul 2, 2022, day 2Deadline Oct 18, 2022

Left axis: cumulative dollars raised. Right axis: cumulative investors. Live figures via Republic, last checked Oct 8, 2026; investor counts may lag the platform by up to a day.

Financials disclosed in this offering

FY2020–FY2021 · hover for source
$472K
−$90K
FY2020
$1.5M
−$745K
FY2021
RevenueNet income
Metric
FY2020 reviewed*
FY2021 reviewed*
Income statement
Revenue
$471,858
$1,459,574
Cost of goods sold
$142,415
$646,636
Gross margin
70%
56%
Net income
-$89,966
-$744,982
Taxes paid
$0
$0
Balance sheet
Cash
$221,795
$95,229
Accounts receivable
$0
$5,800
Total assets
$355,905
$363,549
Short-term debt
$62,339
$244,165
Long-term debt
$330,000
$900,000
Total liabilities
$392,339
$1,144,165
Other
Headcount
—
2

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

Deal terms

Valuation cap$10M
Conversion discount20%

Perks

Invest $500, receive 30% one-time discount$500+

Offering details

Target$25,000
Max$1,070,000
Min investment$150
OpenedJun 30, 2022
DeadlineOct 18, 2022
ClosedOct 18, 2022
Days active110

Links & provenance

Campaign pageSEC filing
Source: Manual
0001920756-22-000001
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.