Reg CF · Convertible Note · Oct 2021

ClosedReached targetReg CFConvertible Note

via WeFunderView campaign

Raised

$92.1K / $1.1M max

9% of ceiling · target hit day 49

Investors

$6.6K avg

Valuation cap

$20M

cap, not an agreed valuation

Raised over time

Cumulative raisedInvestors

$93K$46K$0

1160

Oct 12, 2021 · openedFeb 15, 2022 · last reading

Target ($50K) hit — Nov 30, 2021, day 49Deadline Apr 30, 2022 — 74 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

FY2019–FY2020 · hover for source

FY2019

$3.0M

−$2.0M

FY2020

RevenueNet income

Metric

FY2019 unaudited

FY2020 unaudited

Income statement

Revenue

$2,962,282

Cost of goods sold

$1,382,572

Gross margin

—

53%

Net income

-$2,020,790

Taxes paid

Balance sheet

Cash

$510,052

$586,345

Accounts receivable

$815,135

Total assets

$6,079,755

$7,929,638

Short-term debt

$1,433,434

Long-term debt

$1,225,000

$2,962,736

Total liabilities

$1,225,000

$4,396,170

Other

Headcount

—

140

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

Deal terms

Valuation cap$20M ($18M early bird)

Conversion discount20%

Interest rate5%

Perks

First $300K will invest in a convertible note with a $18M valuation cap and 20% discountfirst $300K

Offering details

Target$50,000

Max$1,070,000

Min investment$100

OpenedOct 12, 2021

DeadlineApr 30, 2022

ClosedFeb 15, 2022

Days active126

Links & provenance

Campaign page SEC filing

Source: Manual
0001670254-21-001159

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.