Data / Crowdfunding / Florida / Loosid App, LLC
Loosid App, LLC: crowdfunding raise on Wefunder Portal LLC, $50,000 to $750,000 (2025)
Loosid App, LLC, a limited liability company in Sunny Isles, FL, filed a Form C with the SEC on April 24, 2025 to raise $50,000 to $750,000 in Simple Agreement for Future Equity (SAFE) through Wefunder Portal LLC. The offering closed on April 30, 2026. In its most recent fiscal year it reported $476,639 in revenue and a net loss of $1,567,341, with 24 employees.
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- Website
- loosidapp.com
- Funding portal
- Wefunder Portal LLC
- Address
- 17901 Collins Ave 4005, Sunny Isles, FL 33160
- Legal form
- Limited Liability Company
- Jurisdiction
- DE
- Incorporated
- March 14, 2018
- SEC CIK
- 0001964418
Offering terms
From the amendment filed April 24, 2025.
- Security
- Simple Agreement for Future Equity (SAFE)
- Price
- $1.00
- Target
- $50,000
- Maximum
- $750,000
- Deadline
- April 30, 2026
- Portal compensation
- <p>5.5% 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.</p>
Financials
From the Form C/A filed April 24, 2025.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $476,639 | $59,798 | sec.gov |
| Cost of goods sold | $165,290 | $88,575 | sec.gov |
| Net income | $-1,567,341 | $-1,294,215 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $8,878 | $60,094 | sec.gov |
| Cash | $8,878 | $60,094 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $5,095,562 | $3,165,437 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 24, 2025 | Amendment | $50,000 | $750,000 | April 30, 2026 | Adding 2024 financials and extending. | sec.gov |
| December 13, 2024 | Amendment | $50,000 | $750,000 | April 30, 2025 | Changing Early Bird threshold to $250k from $175k. | sec.gov |
| September 18, 2024 | Offering | $50,000 | $750,000 | April 30, 2025 | sec.gov | |
| September 17, 2024 | Progress update | $50,000 | $1,235,000 | April 29, 2024 | The final number is $1,232,615.00 in investments. | sec.gov |
| April 27, 2023 | Amendment | $50,000 | $1,235,000 | April 29, 2024 | Adding in 2022 financial statements, extending the close date, and updating the SAFE to reference a future change in the company incorporation type from LLC to Corporation | sec.gov |
| February 22, 2023 | Offering | $50,000 | $1,235,000 | April 30, 2023 | sec.gov |
Updated April 24, 2025. 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.