Data / Crowdfunding / California / Foodrx & Ai Inc.
Foodrx & Ai Inc.: crowdfunding raise on StartEngine Capital, LLC, $15,000 to $1,235,000 (2024)
Foodrx & Ai Inc., a corporation in Mountain View, CA, filed a Form C with the SEC on September 23, 2024 to raise $15,000 to $1,235,000 in Series B Preferred Stock through StartEngine Capital, LLC. The offering closed on December 23, 2024. In its most recent fiscal year it reported $620,458 in revenue and a net loss of $2,646,937, with 50 employees.
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- Website
- digbihealth.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 800 EL CAMINO REAL WEST SUITE 180 SUITE 180, Mountain View, CA 94040
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- September 20, 2019
- SEC CIK
- 0002034167
Offering terms
From the offering filed September 23, 2024.
- Security
- Series B Preferred Stock
- Price
- $2.00
- Target
- $15,000
- Maximum
- $1,235,000
- Deadline
- December 23, 2024
- Portal compensation
- 7 - 13 percent
Financials
From the Form C-U filed November 15, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $620,458 | $565,836 | sec.gov |
| Cost of goods sold | $133,415 | $148,811 | sec.gov |
| Net income | $-2,646,937 | $-3,000,547 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $445,748 | $487,894 | sec.gov |
| Cash | $243,256 | $273,249 | sec.gov |
| Accounts receivable | $42,968 | $0 | sec.gov |
| Short-term debt | $691,700 | $588,725 | sec.gov |
| Long-term debt | $3,166,451 | $818,000 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| November 15, 2024 | Progress update | $15,000 | $1,235,000 | December 23, 2024 | At the close of the offering, the issuer closed on $0.00 and 0 number of securities. | sec.gov |
| September 23, 2024 | Offering | $15,000 | $1,235,000 | December 23, 2024 | sec.gov |
Updated November 15, 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.