Data / Crowdfunding / New York / Joulez Inc.
Joulez Inc.: crowdfunding raise on Wefunder Portal LLC, $50,000 to $4,387,000 (2022)
Joulez Inc., a corporation in Bronx, NY, filed a Form C with the SEC on September 21, 2022 to raise $50,000 to $4,387,000 in Simple Agreement for Future Equity (SAFE) through Wefunder Portal LLC. The offering closed on April 30, 2023. In its most recent fiscal year it reported $1,321,454 in revenue and a net loss of $725,881, with 1 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.drivejoulez.com
- Funding portal
- Wefunder Portal LLC
- Address
- 1100 GRAND CONCOURSE APT 1L, Bronx, NY 10456
- Legal form
- Corporation
- Jurisdiction
- SD
- Incorporated
- May 24, 2021
- SEC CIK
- 0001885874
Offering terms
From the amendment filed September 21, 2022.
- Security
- Simple Agreement for Future Equity (SAFE)
- Price
- $1.00
- Target
- $50,000
- Maximum
- $4,387,000
- Deadline
- April 30, 2023
- Portal compensation
- 7.5% 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-AR filed May 6, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $1,321,454 | $669,221 | sec.gov |
| Cost of goods sold | $406,333 | $166,856 | sec.gov |
| Net income | $-725,881 | $-434,288 | sec.gov |
| Taxes paid | $36,192 | $18,030 | sec.gov |
| Total assets | $2,440,530 | $3,018,925 | sec.gov |
| Cash | $36,770 | $62,193 | sec.gov |
| Accounts receivable | $-89,881 | $-16,424 | sec.gov |
| Short-term debt | $50,109 | $75,313 | sec.gov |
| Long-term debt | $3,469,461 | $3,156,225 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 6, 2024 | Annual report | Not listed | Not listed | sec.gov | ||
| September 21, 2022 | Amendment | $50,000 | $4,387,000 | April 30, 2023 | Removing remaining early bird | sec.gov |
| September 20, 2022 | Progress update | $10,000 | $1,070,000 | March 29, 2022 | At the close of the offering, the issuer closed on $540,727.49 and 996,513 number of securities. | sec.gov |
| June 21, 2022 | Offering | $50,000 | $4,387,000 | April 30, 2023 | sec.gov | |
| May 2, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| April 15, 2022 | Progress update | $10,000 | $1,070,000 | March 29, 2022 | At the close of the offering, the issuer closed on $528,514.49.00 and 974,213 number of securities. | sec.gov |
| October 27, 2021 | Amendment | $10,000 | $1,070,000 | March 29, 2022 | Issuer is updating perks | sec.gov |
| October 27, 2021 | Withdrawal | Not listed | Not listed | sec.gov | ||
| October 26, 2021 | Amendment | $10,000 | $1,070,000 | March 29, 2022 | Issuer is updating perks | sec.gov |
| October 12, 2021 | Amendment | $10,000 | $1,070,000 | March 29, 2022 | Issuer is changing valuation | sec.gov |
| September 30, 2021 | Offering | $10,000 | $1,070,000 | March 29, 2022 | sec.gov |
Updated May 6, 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.