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Reg CF · Convertible Note · Feb 2022

ClosedReached targetReg CFConvertible Note
via WeFunderView campaign
Raised
$126.5K / $200K max
63% of ceiling · target hit day 1
Investors
115
$1.1K avg
Valuation cap
$8M
cap, not an agreed valuation

Raised over time

Cumulative raisedInvestors
$140K$70K$0
115580
Feb 2, 2022 · openedApr 30, 2022 · last reading
Target ($50K) hit — Feb 3, 2022, day 1Deadline Apr 30, 2022 — 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

FY2019–FY2020 · hover for source
$282K
−$92K
FY2019
$657K
−$79K
FY2020
RevenueNet income
Metric
FY2019 reviewed*
FY2020 reviewed*
Income statement
Revenue
$281,668
$656,874
Cost of goods sold
$54,095
$76,760
Gross margin
81%
88%
Net income
-$91,657
-$79,427
Taxes paid
$0
$8,844
Balance sheet
Cash
$14,926
$44,324
Accounts receivable
$141,733
$216,983
Total assets
$281,386
$613,105
Short-term debt
$117,946
$159,957
Long-term debt
$270,584
$724,277
Total liabilities
$388,531
$884,234
Other
Headcount
—
10

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

Deal terms

Valuation cap$8M
Conversion discount20%
Interest rate5%

Offering details

Target$50,000
Max$200,000
Min investment$100
OpenedFeb 2, 2022
DeadlineApr 30, 2022
ClosedApr 30, 2022
Days active87

Links & provenance

Source: Manual
0001670254-22-000110

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.