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

Reg CF · SAFE · Jun 2023

ClosedReached targetReg CFSAFE
via WeFunderView campaign
Raised
$185.4K / $5M max
4% of ceiling · target hit day 1
Investors
68
$2.7K avg
Valuation cap
$29.8M
cap, not an agreed valuation

Raised over time

Cumulative raisedInvestors
$206K$103K$0
83420
Jun 6, 2023 · openedSep 18, 2023 · last reading
Target ($50K) hit — Jun 7, 2023, day 1Deadline Apr 29, 2024 — 224 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
$0
−$1.7M
FY2021
$0
−$1.0M
FY2022
RevenueNet income
Metric
FY2021 audited
FY2022 audited
Income statement
Revenue
$0
$0
Cost of goods sold
$0
$0
Net income
-$1,730,634
-$1,014,437
Taxes paid
$0
$0
Balance sheet
Cash
$36,924
$54,761
Accounts receivable
$0
$0
Total assets
$670,572
$918,699
Short-term debt
$498,417
$1,160,983
Long-term debt
$200,000
$300,000
Total liabilities
$698,417
$1,460,983
Other
Headcount
—
5

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

Deal terms

Valuation cap$29.8M
Conversion discount20%

Offering details

Target$50,000
Max$5,000,000
Min investment$200
OpenedJun 6, 2023
DeadlineApr 29, 2024
ClosedSep 18, 2023
Days active104

Links & provenance

Source: Manual
0001670254-23-000582

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.