Data / Crowdfunding / Rhode Island / Growgenics LLC
Growgenics LLC: crowdfunding raise on SI SECURITIES, LLC, $25,000 to $1,000,000 (2018)
Growgenics LLC, a limited liability company in East Greenwich, RI, filed a Form C with the SEC on October 26, 2018 to raise $25,000 to $1,000,000 in debt through SI SECURITIES, LLC. The offering closed on December 28, 2018. In its most recent fiscal year it reported $1,743,309 in revenue and a net loss of $16,679, with 3 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.growgenics.com
- Funding portal
- SI SECURITIES, LLC
- Address
- 5600 POST RD, STE 114-191, East Greenwich, RI 02818
- Legal form
- Limited Liability Company
- Jurisdiction
- RI
- Incorporated
- May 14, 2014
- SEC CIK
- 0001757055
Offering terms
From the offering filed October 26, 2018.
- Security
- Debt
- Target
- $25,000
- Maximum
- $1,000,000
- Deadline
- December 28, 2018
- Portal compensation
- 7.5% of the amount raised
Financials
From the Form C-AR filed April 1, 2026.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $1,743,309 | $1,944,118 | sec.gov |
| Cost of goods sold | $1,029,382 | $978,049 | sec.gov |
| Net income | $-16,679 | $-6,812 | sec.gov |
| Taxes paid | $56,884 | $7,034 | sec.gov |
| Total assets | $19,846 | $156,897 | sec.gov |
| Cash | $8,416 | $21,766 | sec.gov |
| Accounts receivable | $97,357 | $121,814 | sec.gov |
| Short-term debt | $426,669 | $529,394 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 1, 2026 | Annual report | Not listed | Not listed | sec.gov | ||
| April 1, 2026 | Annual report | Not listed | Not listed | sec.gov | ||
| March 26, 2025 | Annual report | Not listed | Not listed | sec.gov | ||
| March 26, 2025 | Annual report | Not listed | Not listed | sec.gov | ||
| March 26, 2025 | Annual report | Not listed | Not listed | sec.gov | ||
| March 26, 2025 | Annual report | Not listed | Not listed | sec.gov | ||
| June 16, 2020 | Annual report | Not listed | Not listed | sec.gov | ||
| April 30, 2019 | Annual report | Not listed | Not listed | sec.gov | ||
| December 20, 2018 | Progress update | $25,000 | $1,000,000 | December 28, 2018 | The issuer raised approximately $300,000 during the offering period. Payment are still being processed; the exact amount has yet to be determined. | sec.gov |
| October 26, 2018 | Offering | $25,000 | $1,000,000 | December 28, 2018 | sec.gov |
Also on SpecStream
Updated April 1, 2026. 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.