Data / Crowdfunding / Massachusetts / Humanity Inc.
Humanity Inc.: crowdfunding raise on Wefunder Portal LLC, $50,000 to $1,235,000 (2023)
Humanity Inc., a corporation in Boston, MA, filed a Form C with the SEC on December 26, 2023 to raise $50,000 to $1,235,000 in Simple Agreement for Future Equity (SAFE) through Wefunder Portal LLC. The offering closed on April 29, 2024. In its most recent fiscal year it reported $268,107 in revenue and a net loss of $2,125,947, with 8 employees.
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- Website
- www.humanity.health
- Funding portal
- Wefunder Portal LLC
- Address
- 177 Huntington Ave Ste 1700, Boston, MA 02115, Boston, MA 02115
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- February 13, 2017
- SEC CIK
- 0001807351
Offering terms
From the offering filed December 26, 2023.
- Security
- Simple Agreement for Future Equity (SAFE)
- Price
- $1.00
- Target
- $50,000
- Maximum
- $1,235,000
- Deadline
- April 29, 2024
- Portal compensation
- 6.0% 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 December 26, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $268,107 | $27,314 | sec.gov |
| Cost of goods sold | $124,146 | $92,178 | sec.gov |
| Net income | $-2,125,947 | $-2,843,027 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $1,066,406 | $1,929,436 | sec.gov |
| Cash | $709,151 | $1,862,609 | sec.gov |
| Accounts receivable | $18,457 | $52,531 | sec.gov |
| Short-term debt | $884,058 | $470,592 | sec.gov |
| Long-term debt | $3,338,333 | $2,520,000 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| December 26, 2023 | Offering | $50,000 | $1,235,000 | April 29, 2024 | sec.gov |
Updated December 26, 2023. 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.