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Reg CF · Convertible Note · Aug 2020

ClosedReached targetReg CFConvertible Note
via WeFunderView campaign
Raised
$193.8K / $1.1M max
18% of ceiling · target hit day 48
Investors
53
$3.7K avg
Valuation cap
$7M
cap, not an agreed valuation

Raised over time

Cumulative raisedInvestors
$194K$97K$0
53270
Aug 30, 2020 · openedJan 31, 2021 · last reading
Target ($150K) hit — Oct 17, 2020, day 48Deadline Dec 2, 2020

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

FY2018–FY2019 · hover for source
$0
FY2018
$26K
−$282K
FY2019
RevenueNet income
Metric
FY2018
FY2019 reviewed*
Income statement
Revenue
$0
$26,392
Cost of goods sold
$0
$37,831
Gross margin
—
-43%
Net income
$0
-$281,781
Taxes paid
$0
$0
Balance sheet
Cash
$25,032
$103,856
Accounts receivable
$0
$0
Total assets
$217,436
$463,007
Short-term debt
$27,964
$19,416
Long-term debt
$23,000
$34,372
Total liabilities
$50,964
$53,788
Other
Headcount
—
6

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

Deal terms

Valuation cap$7M ($6M early bird)
Conversion discount15%
Interest rate8%

Perks

First $200K will invest in a convertible note with a $6M valuation cap.first $200K

Offering details

Target$150,000
Max$1,070,000
Min investment$250
OpenedAug 30, 2020
DeadlineDec 2, 2020
ClosedJan 31, 2021
Days active154

Links & provenance

Campaign pageSEC filing
Source: Manual
0001670254-20-000696

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.