Crowdonomics
WatchlistPortfolio
AVACEN MEDICAL

Reg CF · Common Stock · Jun 2023

ClosedReached targetReg CFCommon Equity
via StartEngine · last checked Oct 4, 2026View campaign
Raised
$224.4K / $1.2M max
18% of ceiling · target hit day 1
Investors
194
$1.3K avg
Post-money valuation
$76.2M
pre-money + amount raised

Raised over time

Cumulative raisedInvestors
$258K$129K$0
191960
Jun 29, 2023 · openedOct 12, 2023 · last reading
Target ($10K) hit — Jun 30, 2023, day 1Deadline Oct 11, 2023

Left axis: cumulative dollars raised. Right axis: cumulative investors. Live figures via StartEngine, last checked Oct 4, 2026; investor counts may lag the platform by up to a day.

Financials disclosed in this offering

FY2021–FY2022 · hover for source
$4.6M
$45K
FY2021
$4.8M
$72K
FY2022
RevenueNet income
Metric
FY2021 reviewed
FY2022 reviewed
Income statement
Revenue
$4,580,867
$4,793,309
Cost of goods sold
$1,948,778
$1,966,624
Gross margin
57%
59%
Net income
$45,430
$72,067
Taxes paid
$0
$0
Balance sheet
Cash
$1,309,009
$242,171
Accounts receivable
$8,950
$19,297
Total assets
$2,845,983
$2,242,798
Short-term debt
$645,389
$479,973
Long-term debt
$1,258,130
$1,788,703
Total liabilities
$1,903,519
$2,268,676
Other
Headcount
—
10

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

Amendments to this offering

4 amendments
  1. Oct 5, 2023
    Terms not yet extracted from this filing
    Form C/A on EDGAR ↗
  2. Sep 20, 2023
    Terms not yet extracted from this filing
    Form C/A on EDGAR ↗
  3. Sep 1, 2023
    Terms not yet extracted from this filing
    Form C/A on EDGAR ↗
  4. Jul 24, 2023
    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

Pre-money$75.9M
Post-money$76.2M
Price / share$1.00
Shares offered10,000

Perks

Invest 500, earn 10% bonus shares10% bonus

Offering details

Target$10,000
Max$1,235,000
Min investment$500
OpenedJun 29, 2023
DeadlineOct 11, 2023
ClosedOct 11, 2023
Days active104

Links & provenance

Campaign pagePitch videoSEC filing
Source: Manual
0001665160-23-001438
Last synced Aug 18, 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.