Crowdonomics
Kaffi

Reg CF · Convertible Note · May 2020

ClosedReached targetReg CFConvertible Note
via WeFunderView campaign
Raised
$124.6K / $1.1M max
12% of ceiling · target hit day 2
Investors
128
$973.2 avg
Valuation cap
$4.5M
cap, not an agreed valuation

Raised over time

Cumulative raisedInvestors
$127K$63K$0
128640
May 19, 2020 · openedNov 18, 2020 · last reading
Target ($50K) hit — May 21, 2020, day 2Deadline Aug 7, 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
$752K
−$1.2M
FY2018
$356K
−$1.4M
FY2019
RevenueNet income
Metric
FY2018 reviewed*
FY2019 reviewed*
Income statement
Revenue
$751,809
$355,813
Cost of goods sold
$519,144
$423,260
Gross margin
31%
-19%
Net income
-$1,190,543
-$1,395,291
Taxes paid
$9,128
$2,722
Balance sheet
Cash
$54,271
$274,142
Accounts receivable
$25,469
$23,461
Total assets
$591,729
$548,331
Short-term debt
$380,468
$112,427
Long-term debt
$0
$0
Total liabilities
$380,468
$112,427
Other
Headcount
—
4

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. Jun 18, 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$4.5M ($4M early bird)
Conversion discount30%
Interest rate5%

Perks

$4m valuation cap$250K+

Offering details

Target$50,000
Max$1,070,000
Min investment$250
OpenedMay 19, 2020
DeadlineAug 7, 2020
ClosedNov 18, 2020
Days active183

Links & provenance

Source: Manual
0001670254-20-000241

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.