Data / Crowdfunding / California / Bluon, Inc.
Bluon, Inc.: crowdfunding raise on Wefunder Portal LLC, $250,005 to $4,999,991 (2023)
Bluon, Inc., a corporation in Irvine, CA, filed a Form C with the SEC on June 23, 2023 to raise $250,005 to $4,999,991 in preferred stock through Wefunder Portal LLC. The offering closed on April 29, 2024. In its most recent fiscal year it reported $11,203,849 in revenue and a net loss of $17,912,513, with 78 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
- bluon.com
- Funding portal
- Wefunder Portal LLC
- Address
- 18 BUNSEN, Irvine, CA 92618
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- March 11, 2019
- SEC CIK
- 0001915969
Offering terms
From the offering filed June 23, 2023.
- Security
- Preferred Stock
- Price
- $18.48
- Target
- $250,005
- Maximum
- $4,999,991
- Deadline
- April 29, 2024
- Portal compensation
- 6.0% of the offering amount upon a successful fundraise, 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-U filed May 21, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $11,203,849 | $6,378,240 | sec.gov |
| Cost of goods sold | $6,193,337 | $4,000,596 | sec.gov |
| Net income | $-17,912,513 | $-8,675,951 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $10,460,599 | $20,770,848 | sec.gov |
| Cash | $3,043,971 | $11,344,409 | sec.gov |
| Accounts receivable | $916,554 | $981,903 | sec.gov |
| Short-term debt | $1,623,291 | $3,666,790 | sec.gov |
| Long-term debt | $9,285,733 | $2,774,488 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 21, 2024 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| May 21, 2024 | Progress update | $250,005 | $4,999,991 | April 29, 2024 | The issuer closed the Offering and raised $330,924 in investments. | sec.gov |
| April 29, 2024 | Annual report | Not listed | Not listed | sec.gov | ||
| June 23, 2023 | Offering | $250,005 | $4,999,991 | April 29, 2024 | sec.gov |
Also on SpecStream
Updated May 21, 2024. 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.