Data / Crowdfunding / Arizona / CrowdMed, Inc.
CrowdMed, Inc.: crowdfunding raise on Wefunder Portal LLC, $200,000 to $1,000,000 (2016)
CrowdMed, Inc., a corporation in Phoenix, AZ, filed a Form C with the SEC on November 16, 2016 to raise $200,000 to $1,000,000 in Convertible Note through Wefunder Portal LLC. The offering closed on April 17, 2017. In its most recent fiscal year it reported $127,787 in revenue and a net loss of $286,139, with 1 employees.
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- Website
- www.crowdmed.com
- Funding portal
- Wefunder Portal LLC
- Address
- 11201 N. Tatum Blvd Suite 300 PMB 15731, Phoenix, AZ 85028
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- October 31, 2012
- SEC CIK
- 0001687611
Offering terms
From the amendment filed November 16, 2016.
- Security
- Convertible Note
- Price
- $1.00
- Target
- $200,000
- Maximum
- $1,000,000
- Deadline
- April 17, 2017
- Portal compensation
- 4.0% of the offering amount upon a successful fundraise
Financials
From the Form C-AR filed June 8, 2020.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $127,787 | $133,262 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-286,139 | $-721,640 | sec.gov |
| Taxes paid | $9,471 | $17,671 | sec.gov |
| Total assets | $92,751 | $377,801 | sec.gov |
| Cash | $79,073 | $376,701 | sec.gov |
| Accounts receivable | $500 | $10,000 | sec.gov |
| Short-term debt | $5,041 | $13,005 | sec.gov |
| Long-term debt | $4,671,564 | $4,671,564 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| June 8, 2020 | Annual report | Not listed | Not listed | sec.gov | ||
| April 27, 2018 | Annual report | Not listed | Not listed | sec.gov | ||
| December 21, 2017 | Progress update | $200,000 | $1,000,000 | April 17, 2017 | The final number is $403,471.00 in investments. | sec.gov |
| May 8, 2017 | Progress update | $200,000 | $1,000,000 | May 5, 2017 | $427,232.00 in investments. Payments are still being processed; final number is yet to be determined. The deadline date was set to today to work around an EDGAR glitch but the offering actually closed on 04-17-2017 | sec.gov |
| November 16, 2016 | Amendment | $200,000 | $1,000,000 | April 17, 2017 | Personnel changes were made or are planned. (Lead Developer, VP Strategic Partnerships, UX Designer) | sec.gov |
| October 20, 2016 | Offering | $200,000 | $1,000,000 | April 17, 2017 | sec.gov |
Updated June 8, 2020. 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.