Data / Crowdfunding / Florida / Convesio, Inc.
Convesio, Inc.: crowdfunding raise on Wefunder Portal LLC, $200,000 to $1,000,000 (2019)
Convesio, Inc., a corporation in Naples, FL, filed a Form C with the SEC on June 14, 2019 to raise $200,000 to $1,000,000 in Simple Agreement for Future Equity (SAFE) through Wefunder Portal LLC. The offering closed on October 10, 2019. In its most recent fiscal year it reported $754,032 in revenue and a net loss of $2,089,169, with 20 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
- convesio.com
- Funding portal
- Wefunder Portal LLC
- Address
- 5660 STRAND COURT #108, Naples, FL 34110
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- February 12, 2018
- SEC CIK
- 0001778987
Offering terms
From the offering filed June 14, 2019.
- Security
- Simple Agreement for Future Equity (SAFE)
- Price
- $1.00
- Target
- $200,000
- Maximum
- $1,000,000
- Deadline
- October 10, 2019
- Portal compensation
- 7.5% 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-AR filed April 27, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $754,032 | $670,327 | sec.gov |
| Cost of goods sold | $1,455,959 | $966,581 | sec.gov |
| Net income | $-2,089,169 | $-1,085,988 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $2,621,483 | $2,206,598 | sec.gov |
| Cash | $2,658,891 | $2,220,855 | sec.gov |
| Accounts receivable | $23,425 | $14,257 | sec.gov |
| Short-term debt | $91,311 | $105,268 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| August 2, 2023 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| April 27, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| April 28, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| April 22, 2021 | Annual report | Not listed | Not listed | sec.gov | ||
| June 12, 2020 | Annual report | Not listed | Not listed | sec.gov | ||
| June 14, 2019 | Offering | $200,000 | $1,000,000 | October 10, 2019 | sec.gov |
Updated August 2, 2023. 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.