Crowdonomics
This isn’t Asarasi’s most recent raise. Reg CF · Convertible Note · Jan 2026 (Closed) is more current.View latest round
Asarasi

Reg CF · SAFE · Feb 2020

ClosedReached targetReg CFSAFE
via Republic · last checked Oct 8, 2026View campaign
Raised
$598K / $1.1M max
56% of ceiling · target hit day 77
Investors
1,647
$363.1 avg
Valuation cap
$10M
cap, not an agreed valuation

Raised over time

Cumulative raisedInvestors
$597K$298K$0
1.7K8270
Feb 24, 2020 · openedOct 1, 2020 · last reading
Target ($25K) hit — May 11, 2020, day 77Deadline Sep 30, 2020

Left axis: cumulative dollars raised. Right axis: cumulative investors. Live figures via Republic, last checked Oct 8, 2026; investor counts may lag the platform by up to a day.

Financials disclosed in this offering

FY2017–FY2018 · hover for source
$148K
−$181K
FY2017
$148K
−$181K
FY2018
RevenueNet income
Metric
FY2017 reviewed
FY2018 audited
Income statement
Revenue
$148,474
$148,474
Cost of goods sold
$96,653
$112,827
Gross margin
35%
24%
Net income
-$181,243
-$181,199
Taxes paid
$0
$0
Balance sheet
Cash
$127,837
$127,837
Accounts receivable
$46,494
$35,656
Total assets
$366,302
$348,838
Short-term debt
$0
$103,935
Long-term debt
$371,753
$310,000
Total liabilities
$371,753
$413,935
Other
Headcount
—
1

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. Aug 13, 2020
    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

Valuation cap$10M
Conversion discount10%

Offering details

Target$25,000
Max$1,070,000
Min investment$100
OpenedFeb 24, 2020
DeadlineSep 30, 2020
ClosedSep 30, 2020
Days active219

Links & provenance

Source: SEC EDGAR
0001749594-20-000001
Last synced Sep 1, 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.