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Enact Systems

Reg CF · Common Stock · Oct 2021

ClosedReached targetReg CFCommon Equity
via StartEngine · last checked Oct 4, 2026View campaign
Raised
$152.3K / $1M max
15% of ceiling · target hit day 3
Investors
127
$1.2K avg
Post-money valuation
$23.2M
pre-money + amount raised

Raised over time

Cumulative raisedInvestors
$156K$78K$0
127640
Oct 21, 2021 · openedJan 21, 2022 · last reading
Target ($10K) hit — Oct 24, 2021, day 3Deadline Apr 19, 2022 — 88 days out

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

FY2019–FY2020 · hover for source
$594K
−$510K
FY2019
$601K
−$421K
FY2020
RevenueNet income
Metric
FY2019 reviewed*
FY2020 reviewed*
Income statement
Revenue
$594,196
$600,624
Cost of goods sold
$20,386
$55,072
Gross margin
97%
91%
Net income
-$509,968
-$421,275
Taxes paid
$0
$0
Balance sheet
Cash
$11,055
$16,132
Accounts receivable
$372,151
$296,261
Total assets
$445,626
$639,125
Short-term debt
$79,446
$1,242,530
Long-term debt
$1,530,463
$1,512,663
Total liabilities
$1,609,909
$2,755,193
Other
Headcount
—
18

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

Amendments to this offering

1 amendment
  1. Dec 22, 2021
    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$23M
Post-money$23.2M
Price / share$9.65
Shares offered1,036

Perks

Super Early bird: Next 72 hours | 10% bonus shares · until Oct 23, 202110% bonus

Offering details

Target$9,997
Max$999,991
Min investment$241
OpenedOct 21, 2021
DeadlineApr 19, 2022
ClosedJan 20, 2022
Days active91

Links & provenance

Campaign pagePitch videoSEC filingStartEngine listing
Source: Manual
0001665160-21-001856
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.