Data / Crowdfunding / California / Dryvebox, Inc.
Dryvebox, Inc.: crowdfunding raise on OpenDeal Portal LLC, $25,000 to $1,070,000 (2021)
Dryvebox, Inc., a corporation in San Francisco, CA, filed a Form C with the SEC on October 26, 2021 to raise $25,000 to $1,070,000 in Crowd SAFE (Simple Agreement for Future Equity) through OpenDeal Portal LLC. The offering closed on February 23, 2022. In its most recent fiscal year it reported $1,681,910 in revenue and a net loss of $437,767, with 12 employees.
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- Website
- dryvebox.com
- Funding portal
- OpenDeal Portal LLC
- Address
- 439 43RD AVE, San Francisco, CA 94121
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- October 28, 2020
- SEC CIK
- 0001887265
Offering terms
From the offering filed October 26, 2021.
- Security
- Crowd SAFE (Simple Agreement for Future Equity)
- Price
- $1.00
- Target
- $25,000
- Maximum
- $1,070,000
- Deadline
- February 23, 2022
- Portal compensation
- At the conclusion of the offering, the issuer shall pay a fee of six percent (6%) of the amount raised in the offering to the Intermediary.
Financials
From the Form C-AR filed April 25, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $1,681,910 | $727,492 | sec.gov |
| Cost of goods sold | $456,433 | $283,601 | sec.gov |
| Net income | $-437,767 | $-1,588,409 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $1,563,953 | $2,266,600 | sec.gov |
| Cash | $543,040 | $674,350 | sec.gov |
| Accounts receivable | $126,961 | $61,883 | sec.gov |
| Short-term debt | $112,331 | $-3,235 | sec.gov |
| Long-term debt | $4,569,433 | $4,342,746 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 25, 2024 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| April 25, 2024 | Annual report | Not listed | Not listed | sec.gov | ||
| April 28, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| April 27, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| February 24, 2022 | Progress update | $25,000 | $1,070,000 | February 23, 2022 | The Offering closed successfully on 2/24/2022, having received investment commitments of $447,672.00, although a final accounting has not taken place. | sec.gov |
| October 26, 2021 | Offering | $25,000 | $1,070,000 | February 23, 2022 | sec.gov |
Updated April 25, 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.