Data / Crowdfunding / New York / DownToDash, Inc.
DownToDash, Inc.: crowdfunding raise on Wefunder Portal LLC, $50,000 to $1,070,000 (2019)
DownToDash, Inc., a corporation in New York, NY, filed a Form C with the SEC on July 16, 2019 to raise $50,000 to $1,070,000 in Simple Agreement for Future Equity (SAFE) through Wefunder Portal LLC. The offering closed on August 29, 2019. In its most recent fiscal year it reported $292 in revenue and $262 in net income, with 4 employees.
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- Website
- downtodash.com
- Funding portal
- Wefunder Portal LLC
- Address
- Lair East, 424 Broadway #602,, New York, NY 10013
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- May 14, 2019
- SEC CIK
- 0001781213
Offering terms
From the offering filed July 16, 2019.
- Security
- Simple Agreement for Future Equity (SAFE)
- Price
- $1.00
- Target
- $50,000
- Maximum
- $1,070,000
- Deadline
- August 29, 2019
- Portal compensation
- <p>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.</p>
Financials
From the Form C-AR filed April 23, 2020.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $292 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $262 | $0 | sec.gov |
| Taxes paid | $450 | $0 | sec.gov |
| Total assets | $79,277 | $14,187 | sec.gov |
| Cash | $54,604 | $0 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $5,273 | $0 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 23, 2020 | Annual report | Not listed | Not listed | sec.gov | ||
| July 16, 2019 | Offering | $50,000 | $1,070,000 | August 29, 2019 | sec.gov |
Updated April 23, 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.