Data / Crowdfunding / California / Gumroad, Inc.
Gumroad, Inc.: crowdfunding raise on OpenDeal Portal LLC, $25,000 to $1,070,000 (2021)
Gumroad, Inc., a corporation in San Francisco, CA, filed a Form C with the SEC on March 19, 2021 to raise $25,000 to $1,070,000 in Crowd SAFE (Simple Agreement for Future Equity) through OpenDeal Portal LLC. The offering closed on April 15, 2021. In its most recent fiscal year it reported $17,785,730 in revenue and $3,792,179 in net income, with 2 employees.
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- Website
- gumroad.com
- Funding portal
- OpenDeal Portal LLC
- Address
- 548 MARKET ST, #41309 #41309, San Francisco, CA 94104
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- September 22, 2011
- SEC CIK
- 0001532978
Offering terms
From the amendment filed March 19, 2021.
- Security
- Crowd SAFE (Simple Agreement for Future Equity)
- Price
- $1.00
- Target
- $25,000
- Maximum
- $1,070,000
- Deadline
- April 15, 2021
- Portal compensation
- At the conclusion of the offering, the issuer shall pay a fee of six percent (6%) of the amount raised in the offering to the Intermediary.
Financials
From the Form C-AR filed April 8, 2026.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $17,785,730 | $18,951,308 | sec.gov |
| Cost of goods sold | $6,078,822 | $5,923,421 | sec.gov |
| Net income | $3,792,179 | $4,290,423 | sec.gov |
| Taxes paid | $1,815,741 | $354,538 | sec.gov |
| Total assets | $11,948,947 | $16,720,734 | sec.gov |
| Cash | $6,153,268 | $13,821,885 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $4,191,955 | $4,635,820 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 14, 2026 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| April 8, 2026 | Annual report | Not listed | Not listed | sec.gov | ||
| April 8, 2026 | Annual report | Not listed | Not listed | sec.gov | ||
| May 15, 2024 | Annual report | Not listed | Not listed | sec.gov | ||
| May 3, 2021 | Annual report | Not listed | Not listed | sec.gov | ||
| April 8, 2021 | Progress update | $25,000 | $1,070,000 | April 15, 2021 | The Offering closed successfully on April 7, 2021, having received investment commitments of $5,000,000, although a final accounting has not taken place. | sec.gov |
| March 19, 2021 | Amendment | $25,000 | $1,070,000 | April 15, 2021 | This Form C/A is being filed to correct a drafting error in the year of the financial statements summary and to correct the disclosure of the Intermediary fees, which are lower than in the Form C originally filed. | sec.gov |
| March 15, 2021 | Offering | $25,000 | $1,070,000 | April 15, 2021 | sec.gov |
Also on SpecStream
Updated April 14, 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.