Data / Crowdfunding / New York / Mevo Inc.
Mevo Inc.: crowdfunding raise on Wefunder Portal LLC, $200,000 to $1,069,999 (2020)
Mevo Inc., a corporation in Brooklyn, NY, filed a Form C with the SEC on March 16, 2020 to raise $200,000 to $1,069,999 in preferred stock through Wefunder Portal LLC. The offering closed on July 10, 2020. In its most recent fiscal year it reported $4,428,320 in revenue and a net loss of $3,135,066, with 9 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
- mevo.com
- Funding portal
- Wefunder Portal LLC
- Address
- 19 MORRIS AVENUE, Brooklyn, NY 11205
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- March 11, 2019
- SEC CIK
- 0001806364
Offering terms
From the offering filed March 16, 2020.
- Security
- Preferred Stock
- Price
- $0.67
- Target
- $200,000
- Maximum
- $1,069,999
- Deadline
- July 10, 2020
- 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 filed March 16, 2020.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $4,428,320 | $0 | sec.gov |
| Cost of goods sold | $3,202,799 | $0 | sec.gov |
| Net income | $-3,135,066 | $0 | sec.gov |
| Taxes paid | $3,268 | $0 | sec.gov |
| Total assets | $5,518,184 | $0 | sec.gov |
| Cash | $273,200 | $0 | sec.gov |
| Accounts receivable | $1,229,482 | $0 | sec.gov |
| Short-term debt | $1,266,819 | $0 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| March 16, 2020 | Offering | $200,000 | $1,069,999 | July 10, 2020 | sec.gov |
Updated March 16, 2020. 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.