Data / Crowdfunding / Minnesota / NETZRO, SBC
NETZRO, SBC: crowdfunding raise on Wefunder Portal LLC, $145,000 to $500,000 (2021)
NETZRO, SBC, a company in Minneapolis, MN, filed a Form C with the SEC on September 16, 2021 to raise $145,000 to $500,000 in Simple Agreement for Future Equity (SAFE) through Wefunder Portal LLC. The offering closed on April 30, 2022. In its most recent fiscal year it reported $8,021 in revenue and a net loss of $180,005, with 4 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
- www.netzro.us
- Funding portal
- Wefunder Portal LLC
- Address
- 817 South Fifth Avenue Suite 400, Minneapolis, MN 55404
- Legal form
- Other
- Jurisdiction
- MN
- Incorporated
- September 6, 2019
- SEC CIK
- 0001876927
Offering terms
From the offering filed September 16, 2021.
- Security
- Simple Agreement for Future Equity (SAFE)
- Price
- $1.00
- Target
- $145,000
- Maximum
- $500,000
- Deadline
- April 30, 2022
- Portal compensation
- 6.5% 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 September 16, 2021.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $8,021 | $0 | sec.gov |
| Cost of goods sold | $1,572 | $0 | sec.gov |
| Net income | $-180,005 | $-96,441 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $184,644 | $217,912 | sec.gov |
| Cash | $1,705 | $96,665 | sec.gov |
| Accounts receivable | $320 | $0 | sec.gov |
| Short-term debt | $100,001 | $27,858 | sec.gov |
| Long-term debt | $247,576 | $194,173 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| September 16, 2021 | Offering | $145,000 | $500,000 | April 30, 2022 | sec.gov |
Updated September 16, 2021. 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.