Data / Crowdfunding / Washington / EVELO, Inc.
EVELO, Inc.: crowdfunding raise on Wefunder Portal LLC, $100,000 to $1,000,000 (2017)
EVELO, Inc., a corporation in Seattle, WA, filed a Form C with the SEC on January 6, 2017 to raise $100,000 to $1,000,000 in preferred stock through Wefunder Portal LLC. The offering closed on January 12, 2017. In its most recent fiscal year it reported $3,346,208 in revenue and $46,570 in net income, with 7 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
- www.evelo.com
- Funding portal
- Wefunder Portal LLC
- Address
- 241 S Lander St. Suite 30, Seattle, WA 98134
- Legal form
- Corporation
- Jurisdiction
- NY
- Incorporated
- January 20, 2012
- SEC CIK
- 0001687495
Offering terms
From the amendment filed January 6, 2017.
- Security
- Preferred Stock
- Price
- $1.32
- Target
- $100,000
- Maximum
- $1,000,000
- Deadline
- January 12, 2017
- Portal compensation
- 3.0% of the offering amount upon a successful fundraise
Financials
From the Form C-AR filed April 28, 2020.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $3,346,208 | $3,036,164 | sec.gov |
| Cost of goods sold | $1,621,296 | $1,673,618 | sec.gov |
| Net income | $46,570 | $-286,543 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $1,234,173 | $1,062,370 | sec.gov |
| Cash | $571,215 | $288,079 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $29,510 | $68,213 | sec.gov |
| Long-term debt | $708,184 | $537,746 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 28, 2020 | Annual report | Not listed | Not listed | sec.gov | ||
| April 9, 2019 | Annual report | Not listed | Not listed | sec.gov | ||
| April 27, 2018 | Annual report | Not listed | Not listed | sec.gov | ||
| January 6, 2017 | Amendment | $100,000 | $1,000,000 | January 12, 2017 | Updated risk factors, moved deadline to January 12, 2017, and updated business plan. | sec.gov |
| October 19, 2016 | Offering | $100,000 | $1,000,000 | April 17, 2017 | sec.gov |
Updated April 28, 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.