Data / Crowdfunding / California / Fabulous Technologies Inc.
Fabulous Technologies Inc.: crowdfunding raise on Wefunder Portal LLC, $50,000 to $250,000 (2021)
Fabulous Technologies Inc., a corporation in San Francisco, CA, filed a Form C with the SEC on April 8, 2021 to raise $50,000 to $250,000 in Simple Agreement for Future Equity (SAFE) through Wefunder Portal LLC. The offering closed on April 15, 2021. In its most recent fiscal year it reported $92,584 in revenue and $14,311 in net income, with 5 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
- boonoob.com
- Funding portal
- Wefunder Portal LLC
- Address
- 333 3rd St, San Francisco, CA 94107
- Legal form
- Corporation
- Jurisdiction
- NH
- Incorporated
- January 21, 2016
- SEC CIK
- 0001826979
Offering terms
From the amendment filed April 8, 2021.
- Security
- Simple Agreement for Future Equity (SAFE)
- Price
- $1.00
- Target
- $50,000
- Maximum
- $250,000
- Deadline
- April 15, 2021
- Portal compensation
- 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.
Financials
From the Form C/A filed April 8, 2021.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $92,584 | $11,000 | sec.gov |
| Cost of goods sold | $53,698 | $7,840 | sec.gov |
| Net income | $14,311 | $-5,000 | sec.gov |
| Taxes paid | $4,205 | $0 | sec.gov |
| Total assets | $103,506 | $0 | sec.gov |
| Cash | $42,614 | $0 | sec.gov |
| Accounts receivable | $60,892 | $0 | sec.gov |
| Short-term debt | $84,194 | $0 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 8, 2021 | Amendment | $50,000 | $250,000 | April 15, 2021 | Added lead investor and extended campaign deadline date | sec.gov |
| January 26, 2021 | Amendment | $50,000 | $250,000 | April 1, 2021 | Extended campaign deadline date | sec.gov |
| October 7, 2020 | Offering | $50,000 | $250,000 | February 6, 2021 | sec.gov |
Updated April 8, 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.