Crowdonomics
SPINN

Reg CF · SAFE · Jun 2023

ClosedReached targetReg CFSAFE
via WeFunderView campaign
Raised
$1.1M / $1.2M max
91% of ceiling · target hit day 5
Investors
797
$1.4K avg
Valuation
—
—

Raised over time

Cumulative raisedInvestors
$1.3M$672K$0
8024010
Jun 9, 2023 · openedOct 8, 2023 · last reading
Target ($50K) hit — Jun 14, 2023, day 5$1.0M raised — Jul 25, 2023Deadline Apr 29, 2024 — 204 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

FY2021–FY2022 · hover for source
$4.1M
−$12.3M
FY2021
$9.4M
−$8.9M
FY2022
RevenueNet income
Metric
FY2021 reviewed
FY2022 reviewed
Income statement
Revenue
$4,101,403
$9,375,178
Cost of goods sold
$5,389,008
$7,338,177
Gross margin
-31%
22%
Net income
-$12,272,796
-$8,948,990
Taxes paid
-$24,894
$21,381
Balance sheet
Cash
$2,464,488
$3,515,008
Accounts receivable
$0
$121,281
Total assets
$12,452,787
$10,836,538
Short-term debt
$8,023,859
$9,641,175
Long-term debt
$0
$5,961,071
Total liabilities
$8,023,859
$15,602,246
Other
Headcount
—
40

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

Deal terms

Conversion discount20%

Offering details

Target$50,000
Max$1,235,000
Min investment$100
OpenedJun 9, 2023
DeadlineApr 29, 2024
ClosedOct 9, 2023
Days active122

Links & provenance

Source: Manual
0001670254-23-000616

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.