Data / Crowdfunding / California / Mela Water Inc.
Mela Water Inc.: crowdfunding raise on Wefunder Portal LLC, $50,000 to $1,235,000 (2024)
Mela Water Inc., a corporation in Aliso Viejo, CA, filed a Form C with the SEC on September 25, 2024 to raise $50,000 to $1,235,000 in Simple Agreement for Future Equity (SAFE) through Wefunder Portal LLC. The offering closed on April 30, 2025. In its most recent fiscal year it reported $5,744,325 in revenue and a net loss of $2,576,259, with 15 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
- melawater.com
- Funding portal
- Wefunder Portal LLC
- Address
- 10 Hawaii Drive, Aliso Viejo, CA 92656
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- September 10, 2021
- SEC CIK
- 0002023680
Offering terms
From the amendment filed September 25, 2024.
- Security
- Simple Agreement for Future Equity (SAFE)
- Price
- $1.00
- Target
- $50,000
- Maximum
- $1,235,000
- Deadline
- April 30, 2025
- Portal compensation
- 6.9% 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 September 25, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $5,744,325 | $1,393,997 | sec.gov |
| Cost of goods sold | $3,203,625 | $823,699 | sec.gov |
| Net income | $-2,576,259 | $-824,578 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $3,719,517 | $1,450,062 | sec.gov |
| Cash | $221,012 | $196,819 | sec.gov |
| Accounts receivable | $660,529 | $235,108 | sec.gov |
| Short-term debt | $1,934,682 | $2,046,995 | sec.gov |
| Long-term debt | $4,958,027 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| September 25, 2024 | Amendment | $50,000 | $1,235,000 | April 30, 2025 | Lowering minimum target from from $200k to $50k. | sec.gov |
| May 28, 2024 | Offering | $200,000 | $1,235,000 | April 30, 2025 | sec.gov |
Updated September 25, 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.