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This isn’t FuelGems’s most recent raise. Reg CF · SAFE · Jan 2024 (Closed) is more current.View latest round
FuelGems

Reg CF · SAFE · Sep 2020

ClosedReached targetReg CFSAFE
via WeFunderView campaign
Raised
$803.5K / $1.1M max
75% of ceiling · target hit day 1
Investors
1,279
$706.5 avg
Valuation cap
$8.5M
cap, not an agreed valuation

Raised over time

Cumulative raisedInvestors
$817K$409K$0
1.2K5970
Sep 4, 2020 · openedNov 20, 2020 · last reading
Target ($100K) hit — Sep 5, 2020, day 1Deadline Nov 20, 2020 — 0 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
FY2018
$0
−$47K
FY2019
RevenueNet income
Metric
FY2018
FY2019 reviewed*
Income statement
Revenue
$0
$0
Cost of goods sold
$0
$0
Net income
$0
-$47,175
Taxes paid
$0
$0
Balance sheet
Cash
$909
$24,025
Accounts receivable
$0
$0
Total assets
$27,825
$27,825
Short-term debt
$0
$0
Long-term debt
$0
$0
Total liabilities
$0
$0
Other
Headcount
—
4

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. Oct 22, 2020
    Terms not yet extracted from this filing
    Form C/A on EDGAR ↗
  2. Oct 2, 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

Valuation cap$8.5M ($4.5M early bird)
Conversion discount20%

Perks

First $700K will invest in a SAFE with a $4.5M valuation cap and 20% discount.first $700K

Offering details

Target$100,000
Max$1,070,000
Min investment$100
OpenedSep 4, 2020
DeadlineNov 20, 2020
ClosedNov 20, 2020
Days active77

Links & provenance

Campaign pageSEC filing
Source: Manual
0001670254-20-000691

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.