Crowdonomics
This isn’t GROUNDFLOOR’s most recent raise. Reg CF · Preferred Stock · Sep 2024 (Closed) is more current.View latest round
GROUNDFLOOR

Reg CF · Preferred Stock · Aug 2022

ClosedReached targetReg CFPreferred Equity
via WeFunderView campaign
Raised
$2.3M / $5M max
46% of ceiling · target hit day 7
Investors
1,795
$1.3K avg
Post-money valuation
$245.3M
pre-money + amount raised

Raised over time

Cumulative raisedInvestors
$2.0M$1.0M$0
8614310
Aug 15, 2022 · openedNov 18, 2022 · last reading
Target ($50K) hit — Aug 22, 2022, day 7$1.0M raised — Sep 23, 2022Deadline Apr 30, 2023 — 163 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

FY2020–FY2021 · hover for source
$5.5M
−$4.8M
FY2020
$11.2M
−$3.9M
FY2021
RevenueNet income
Metric
FY2020 audited
FY2021 audited
Income statement
Revenue
$5,451,538
$11,220,099
Cost of goods sold
-$611,436
$1,363,150
Gross margin
89%
88%
Net income
-$4,786,633
-$3,948,774
Taxes paid
$0
$0
Balance sheet
Cash
$1,429,172
$2,641,950
Accounts receivable
$0
$0
Total assets
$71,949,680
$192,996,368
Short-term debt
$73,416,711
$192,858,384
Long-term debt
$138,680
$134,865
Total liabilities
$73,555,391
$192,993,249
Other
Headcount
—
120

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

Deal terms

Pre-money$243M
Post-money$245.3M
Price / share$43.90
Shares offered1,139

Perks

Invest $1,000, get quarterly shareholder update. Access to product betas, and access to shareholder-only investment o…$1K+

Offering details

Target$50,002
Max$4,999,991
Min investment$100
OpenedAug 15, 2022
DeadlineApr 30, 2023
ClosedNov 18, 2022
Days active95

Links & provenance

Source: Manual
0001670254-22-000837

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.