Data / Crowdfunding / Kentucky / Kare Mobile Inc.
Kare Mobile Inc.: crowdfunding raise on Wefunder Portal LLC, $50,000 to $200,000 (2022)
Kare Mobile Inc., a corporation in Louisville, KY, filed a Form C with the SEC on February 1, 2022 to raise $50,000 to $200,000 in Convertible Note through Wefunder Portal LLC. The offering closed on April 30, 2022. In its most recent fiscal year it reported $656,874 in revenue and a net loss of $79,427, with 10 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.kare.mobi
- Funding portal
- Wefunder Portal LLC
- Address
- 2500 West Broadway, Louisville, KY 40211
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- May 24, 2017
- SEC CIK
- 0001738308
Offering terms
From the offering filed February 1, 2022.
- Security
- Convertible Note
- Price
- $1.00
- Target
- $50,000
- Maximum
- $200,000
- Deadline
- April 30, 2022
- Portal compensation
- 6.5% 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 filed February 1, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $656,874 | $281,668 | sec.gov |
| Cost of goods sold | $76,759 | $54,095 | sec.gov |
| Net income | $-79,427 | $-91,656 | sec.gov |
| Taxes paid | $8,843 | $0 | sec.gov |
| Total assets | $613,104 | $281,385 | sec.gov |
| Cash | $44,324 | $14,925 | sec.gov |
| Accounts receivable | $216,982 | $141,732 | sec.gov |
| Short-term debt | $159,956 | $117,946 | sec.gov |
| Long-term debt | $724,277 | $270,584 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| February 1, 2022 | Offering | $50,000 | $200,000 | April 30, 2022 | sec.gov | |
| April 22, 2019 | Annual report | Not listed | Not listed | sec.gov | ||
| July 27, 2018 | Progress update | $10,001 | $106,998 | July 21, 2018 | End of offering. Issuer raised an estimated $17,742. | sec.gov |
| June 21, 2018 | Amendment | $10,001 | $106,998 | July 21, 2018 | Issuer extended offering deadline, updated corporate officers and added Custodian Agreement as additional exhibit. | sec.gov |
| May 7, 2018 | Offering | $10,001 | $106,998 | July 10, 2018 | sec.gov |
Updated February 1, 2022. 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.