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This isn’t hobbyDB’s most recent raise. Reg CF · Preferred Stock · Dec 2023 (Closed) is more current.View latest round
hobbyDB

Reg CF · Preferred Stock · Sep 2019

ClosedReached targetReg CFPreferred Equity
via WeFunder · last checked Aug 17, 2026View campaign
Raised
$273.6K / $1.1M max
26% of ceiling · target hit day 127
Investors
481
$568.9 avg
Post-money valuation
$17.8M
pre-money + amount raised

Raised over time

Cumulative raisedInvestors
$217K$108K$0
4812410
Sep 24, 2019 · openedApr 17, 2020 · last reading
Target ($80K) hit — Jan 29, 2020, day 127Deadline Mar 4, 2021 — 321 days out

Left axis: cumulative dollars raised. Right axis: cumulative investors. Live figures via WeFunder, last checked Aug 17, 2026; investor counts may lag the platform by up to a day.

Financials disclosed in this offering

FY2017–FY2018 · hover for source
$162K
−$882K
FY2017
$314K
−$724K
FY2018
RevenueNet income
Metric
FY2017 reviewed*
FY2018 reviewed
Income statement
Revenue
$161,776
$313,961
Cost of goods sold
$31,774
$87,134
Gross margin
80%
72%
Net income
-$881,550
-$723,631
Taxes paid
$0
$2,448
Balance sheet
Cash
$110,174
$155,950
Accounts receivable
$41,513
$0
Total assets
$374,767
$428,277
Short-term debt
$41,243
$55,665
Long-term debt
$399,475
$112,978
Total liabilities
$440,718
$168,643
Other
Headcount
—
12

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. Apr 3, 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

Pre-money$17.6M
Post-money$17.8M
Price / share$1.10
Shares offered72,728

Offering details

Target$80,001
Max$1,070,000
Min investment$220
OpenedSep 24, 2019
DeadlineMar 4, 2021
ClosedApr 17, 2020
Days active206

Links & provenance

Campaign pageSEC filing
Source: SEC EDGAR
0001670254-19-000538
Last synced Aug 17, 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.