Data / Crowdfunding / New York / Groomit Inc.
Groomit Inc.: crowdfunding raise on Wefunder Portal LLC, $50,000 to $600,000 (2025)
Groomit Inc., a corporation in Yonkers, NY, filed a Form C with the SEC on June 11, 2025 to raise $50,000 to $600,000 in Simple Agreement for Future Equity (SAFE) through Wefunder Portal LLC. The offering closed on April 30, 2026. In its most recent fiscal year it reported $7,401,985 in revenue and a net loss of $1,809,015, with 20 employees.
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- Website
- www.groomit.me
- Funding portal
- Wefunder Portal LLC
- Address
- 1091 Yonkers Ave, Yonkers, NY 10704
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- January 1, 2020
- SEC CIK
- 0001820469
Offering terms
From the offering filed June 11, 2025.
- Security
- Simple Agreement for Future Equity (SAFE)
- Price
- $1.00
- Target
- $50,000
- Maximum
- $600,000
- Deadline
- April 30, 2026
- Portal compensation
- 7.9% 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 filed June 11, 2025.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $7,401,985 | $5,888,841 | sec.gov |
| Cost of goods sold | $3,745,308 | $3,191,034 | sec.gov |
| Net income | $-1,809,015 | $-1,798,829 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $1,768,737 | $2,030,611 | sec.gov |
| Cash | $10,405 | $76,565 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $2,776,274 | $1,585,148 | sec.gov |
| Long-term debt | $3,974,342 | $3,785,178 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| June 11, 2025 | Offering | $50,000 | $600,000 | April 30, 2026 | sec.gov | |
| June 6, 2025 | Annual report | Not listed | Not listed | sec.gov | ||
| January 22, 2021 | Amendment | $200,000 | $1,070,000 | February 19, 2021 | Naming a Lead Investor | sec.gov |
| August 19, 2020 | Offering | $200,000 | $1,070,000 | December 2, 2020 | sec.gov |
Updated June 11, 2025. 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.