Data / Crowdfunding / Washington / MetaBrain Labs Inc.
MetaBrain Labs Inc.: crowdfunding raise on Wefunder Portal LLC, $50,000 to $1,235,000 (2023)
MetaBrain Labs Inc., a corporation in Bellevue, WA, filed a Form C with the SEC on June 26, 2023 to raise $50,000 to $1,235,000 in Simple Agreement for Future Equity (SAFE) through Wefunder Portal LLC. The offering closed on April 29, 2024. In its most recent fiscal year it reported $2,000 in revenue and $0 in net income, with 6 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
- metabrainlabs.com
- Funding portal
- Wefunder Portal LLC
- Address
- 5407 LAKEMONT BLVD SE #233, Bellevue, WA 98006
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- April 1, 2024
- SEC CIK
- 0001965811
Offering terms
From the amendment filed June 26, 2023.
- Security
- Simple Agreement for Future Equity (SAFE)
- Price
- $1.00
- Target
- $50,000
- Maximum
- $1,235,000
- Deadline
- April 29, 2024
- Portal compensation
- 7.5% 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-AR filed March 18, 2025.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $2,000 | $5,226 | sec.gov |
| Cost of goods sold | $2,000 | $4,729 | sec.gov |
| Net income | $0 | $496 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $32,285 | $120,974 | sec.gov |
| Cash | $32,285 | $120,974 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $71,500 | $71,500 | sec.gov |
| Long-term debt | $50,000 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| March 18, 2025 | Annual report | Not listed | Not listed | sec.gov | ||
| June 26, 2023 | Amendment | $50,000 | $1,235,000 | April 29, 2024 | Rebranding the company. | sec.gov |
| April 25, 2023 | Amendment | $50,000 | $1,235,000 | April 29, 2024 | Added 2022 financial statements, extended closing date | sec.gov |
| February 21, 2023 | Offering | $50,000 | $1,235,000 | April 30, 2023 | sec.gov |
Updated March 18, 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.