Data / Crowdfunding / California / Around Labs, Inc.
Around Labs, Inc.: crowdfunding raise on FLASHFUNDERS SECURITIES, LLC, $20,000 to $100,000 (2016)
Around Labs, Inc., a corporation in San Francisco, CA, filed a Form C with the SEC on July 7, 2016 to raise $20,000 to $100,000 in Convertible Security through FLASHFUNDERS SECURITIES, LLC. The offering closed on October 10, 2016. In its most recent fiscal year it reported $21,601 in revenue and a net loss of $237,220, with 2 employees.
SpecStream is the live web data engine for teams and agents. It reads every Form C on SEC EDGAR each morning, and this page is that reading. Ask for your own cut (a portal, a state, a size, a revenue range) and new raises arrive in your sheet, CRM, Slack or agent as they land.
- Website
- www.thebanterapp.com
- Funding portal
- FLASHFUNDERS SECURITIES, LLC
- Address
- 758 GREEN STREET, San Francisco, CA 94133
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- August 26, 2013
- SEC CIK
- 0001609838
Offering terms
From the offering filed July 7, 2016.
- Security
- Convertible Security
- Price
- $1.00
- Target
- $20,000
- Maximum
- $100,000
- Deadline
- October 10, 2016
- Portal compensation
- FlashFunders shall be entitled to compensation for services equal to five percent (5%) of gross proceeds, and be entitled to reimbursement for out-of-pocket third party expenses it pays or incurs on behalf of the Issuer in connection with the offering.
Financials
From the Form C filed July 7, 2016.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $21,601 | $0 | sec.gov |
| Cost of goods sold | $254,746 | $0 | sec.gov |
| Net income | $-237,220 | $0 | sec.gov |
| Taxes paid | $2,075 | $0 | sec.gov |
| Total assets | $46,402 | $0 | sec.gov |
| Cash | $15,195 | $0 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $6,675 | $0 | sec.gov |
| Long-term debt | $42,164 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| July 7, 2016 | Offering | $20,000 | $100,000 | October 10, 2016 | sec.gov |
Updated July 7, 2016. Read from SEC EDGAR. Public domain (U.S. government work). Financials are as each company reported them in its Form C, unaudited unless the filing says otherwise. Websites are the ones the companies declared to the SEC. Free to reuse with credit to SpecStream under CC BY 4.0. Spot a wrong value? Write to [email protected] with the link to this page.