Data / Crowdfunding / Illinois / Doorage, Inc.
Doorage, Inc.: crowdfunding raise on OpenDeal Portal LLC, $25,000 to $1,070,000 (2021)
Doorage, Inc., a corporation in Elk Grove Village, IL, filed a Form C with the SEC on March 22, 2021 to raise $25,000 to $1,070,000 in Crowd Safe Units of SAFE (Simple Agreement for Future Equity) through OpenDeal Portal LLC. The offering closed on April 30, 2021. In its most recent fiscal year it reported $336,985 in revenue and a net loss of $504,730, with 15 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
- Doorage.com
- Funding portal
- OpenDeal Portal LLC
- Address
- 751 LIVELY BOULEVARD, Elk Grove Village, IL 60007
- Legal form
- Corporation
- Jurisdiction
- IL
- Incorporated
- October 12, 2017
- SEC CIK
- 0001814787
Offering terms
From the amendment filed March 22, 2021.
- Security
- Crowd Safe Units of SAFE (Simple Agreement for Future Equity)
- Price
- $1.00
- Target
- $25,000
- Maximum
- $1,070,000
- Deadline
- April 30, 2021
- Portal compensation
- The issuer shall pay to the Intermediary at the conclusion of the Offering a fee of six percent (6%) of the amount raised in the offering.
Financials
From the Form C-U filed May 3, 2021.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $336,985 | $170,832 | sec.gov |
| Cost of goods sold | $33,856 | $13,890 | sec.gov |
| Net income | $-504,730 | $-686,022 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $312,206 | $325,167 | sec.gov |
| Cash | $9,925 | $531 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $981,936 | $577,576 | sec.gov |
| Long-term debt | $62,830 | $86,420 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 3, 2021 | Progress update | $25,000 | $1,070,000 | April 30, 2021 | The Offering was successful as of its deadline, April 30, 2021, having received investment commitments of $54,627 although a final accounting has not taken place. | sec.gov |
| March 22, 2021 | Amendment | $25,000 | $1,070,000 | April 30, 2021 | This amendment is filed to extend the offering deadline to 4/30/21 and includes changes to the Crowd SAFE including the valuation cap of the offered Crowd SAFE and the conditions under which investors must act with respect to conversion of the Crowd SAFE. | sec.gov |
| October 21, 2020 | Offering | $25,000 | $1,070,000 | March 19, 2021 | sec.gov |
Updated May 3, 2021. 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.