Data / Crowdfunding / California / Kountable, Inc.
Kountable, Inc.: crowdfunding raise on Wefunder Portal LLC, $200,000 to $1,070,000 (2022)
Kountable, Inc., a corporation in San Francisco, CA, filed a Form C with the SEC on June 30, 2022 to raise $200,000 to $1,070,000 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 $1,611,163 in revenue and $8,419,037 in net income, with 6 employees.
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- Website
- www.kountable.com
- Funding portal
- Wefunder Portal LLC
- Address
- 2021 Fillmore St. #63, San Francisco, CA 94115
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- February 26, 2015
- SEC CIK
- 0001705352
Offering terms
From the amendment filed June 30, 2022.
- Security
- Simple Agreement for Future Equity (SAFE)
- Price
- $1.00
- Target
- $200,000
- Maximum
- $1,070,000
- Deadline
- April 30, 2023
- 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/A filed June 30, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $1,611,163 | $476,743 | sec.gov |
| Cost of goods sold | $1,266,200 | $322,054 | sec.gov |
| Net income | $8,419,037 | $-811,795 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $1,136,107 | $1,219,730 | sec.gov |
| Cash | $17,345 | $246,579 | sec.gov |
| Accounts receivable | $228,297 | $0 | sec.gov |
| Short-term debt | $2,885,336 | $11,650,201 | sec.gov |
| Long-term debt | $2,274,749 | $4,996,581 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| June 30, 2022 | Amendment | $200,000 | $1,070,000 | April 30, 2023 | Adding CPA-reviewed financials and increasing the maximum target. | sec.gov |
| May 4, 2022 | Offering | $200,000 | $250,000 | April 30, 2023 | sec.gov |
Updated June 30, 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.