Crowdonomics
WatchlistPortfolio
This isn’t Envel 🚀’s most recent raise. Reg CF · Preferred Stock · Mar 2022 (Closed) is more current.View latest round
Envel 🚀

Reg CF · Convertible Note · Dec 2020

ClosedReached targetReg CFConvertible Note
via WeFunderView campaign
Raised
$1.1M / $1.1M max
100% of ceiling · target hit day 2
Investors
2,020
$957.2 avg
Valuation cap
$15M
cap, not an agreed valuation

Raised over time

Cumulative raisedInvestors
$1.8M$896K$0
2.0K9800
Dec 3, 2020 · openedMar 1, 2021 · last reading
Target ($50K) hit — Dec 5, 2020, day 2$1.0M raised — Jan 20, 2021Deadline Mar 18, 2021 — 17 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

FY2018–FY2019 · hover for source
$0
−$151K
FY2018
$0
−$1.1M
FY2019
RevenueNet income
Metric
FY2018
FY2019 reviewed*
Income statement
Revenue
$0
$0
Cost of goods sold
$0
$128,565
Net income
-$151,092
-$1,143,644
Taxes paid
$0
$0
Balance sheet
Cash
$0
$422,967
Accounts receivable
$0
$0
Total assets
$0
$432,813
Short-term debt
$0
$87,834
Long-term debt
$0
$910,542
Total liabilities
$0
$998,376
Other
Headcount
—
17

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

Deal terms

Valuation cap$15M ($12.5M early bird)
Conversion discount20%
Interest rate5%

Perks

First $250K will invest in a convertible note with a $12.5M valuation cap.first $250K

Offering details

Target$50,000
Max$1,070,000
Min investment$100
OpenedDec 3, 2020
DeadlineMar 18, 2021
ClosedMar 1, 2021
Days active88

Links & provenance

Campaign pageSEC filing
Source: Manual
0001670254-20-001076

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.