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This isn’t SWELL WATERCRAFT LLC’s most recent raise. Reg CF · SAFE · Nov 2025 (Closed) is more current.View latest round
SWELL WATERCRAFT LLC

Reg CF · SAFE · Apr 2022

ClosedReached targetReg CFSAFE
via WeFunderView campaign
Raised
$152.1K / $1M max
15% of ceiling · target hit day 3
Investors
82
$1.9K avg
Valuation cap
$8M
cap, not an agreed valuation

Raised over time

Cumulative raisedInvestors
$168K$84K$0
89450
Apr 3, 2022 · openedJul 31, 2022 · last reading
Target ($50K) hit — Apr 6, 2022, day 3Deadline Apr 30, 2023 — 273 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

FY2020–FY2021 · hover for source
$158K
−$72K
FY2020
$282K
$79K
FY2021
RevenueNet income
Metric
FY2020 reviewed*
FY2021 reviewed*
Income statement
Revenue
$158,487
$282,472
Cost of goods sold
$118,146
$215,806
Gross margin
25%
24%
Net income
-$71,650
$79,183
Taxes paid
$0
$0
Balance sheet
Cash
$5,840
$18,443
Accounts receivable
$10,455
$0
Total assets
$89,844
$94,616
Short-term debt
$14,018
$86,683
Long-term debt
$0
$14,116
Total liabilities
$14,018
$100,799
Other
Headcount
—
1

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

Deal terms

Valuation cap$8M

Perks

Invest $1,000+ and get Sasquatch paddling hoody by CandyGrnd$1K+

Offering details

Target$50,000
Max$1,000,000
Min investment$100
OpenedApr 3, 2022
DeadlineApr 30, 2023
ClosedJul 31, 2022
Days active119

Links & provenance

Campaign pageSEC filing
Source: Manual
0001670254-22-000275

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.