Data / Crowdfunding / California / Levered Learning, Inc.
Levered Learning, Inc.: crowdfunding raise on OpenDeal Portal LLC, $25,000 to $250,000 (2020)
Levered Learning, Inc., a corporation in Soquel, CA, filed a Form C with the SEC on July 30, 2020 to raise $25,000 to $250,000 in Crowd SAFE (Simple Agreement for Future Equity) through OpenDeal Portal LLC. The offering closed on November 30, 2020. In its most recent fiscal year it reported $214,816 in revenue and a net loss of $1,233,140, with 9 employees.
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- Website
- www.levered.com
- Funding portal
- OpenDeal Portal LLC
- Address
- 981 OLD SAN JOSE RD., Soquel, CA 95073
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- May 16, 2017
- SEC CIK
- 0001816011
Offering terms
From the offering filed July 30, 2020.
- Security
- Crowd SAFE (Simple Agreement for Future Equity)
- Price
- $1.00
- Target
- $25,000
- Maximum
- $250,000
- Deadline
- November 30, 2020
- 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 29, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $214,816 | $218,610 | sec.gov |
| Cost of goods sold | $353,910 | $245,966 | sec.gov |
| Net income | $-1,233,140 | $-327,628 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $340,015 | $160,593 | sec.gov |
| Cash | $325,162 | $164,317 | sec.gov |
| Accounts receivable | $28,369 | $0 | sec.gov |
| Short-term debt | $184,340 | $0 | sec.gov |
| Long-term debt | $155,589 | $890,045 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 29, 2022 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| April 29, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| May 3, 2021 | Annual report | Not listed | Not listed | sec.gov | ||
| December 1, 2020 | Progress update | $25,000 | $250,000 | November 30, 2020 | The Offering closed successfully on December 1, 2020, having received investment commitments of $59,109, although a final accounting has not taken place. | sec.gov |
| July 30, 2020 | Offering | $25,000 | $250,000 | November 30, 2020 | sec.gov |
Updated April 29, 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.