Data / Crowdfunding / Massachusetts / OurFiin Inc
OurFiin Inc: crowdfunding raise on Wefunder Portal LLC, $50,000 to $1,070,000 (2021)
OurFiin Inc, a corporation in Rehoboth, MA, filed a Form C with the SEC on September 17, 2021 to raise $50,000 to $1,070,000 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 $2,446 in revenue and a net loss of $6,449, with 1 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.whyourbanc.com
- Funding portal
- Wefunder Portal LLC
- Address
- 7 TAYLOR DRIVE, Rehoboth, MA 02769
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- November 2, 2020
- SEC CIK
- 0001875092
Offering terms
From the amendment filed September 17, 2021.
- Security
- Simple Agreement for Future Equity (SAFE)
- Price
- $1.00
- Target
- $50,000
- Maximum
- $1,070,000
- Deadline
- April 30, 2022
- 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 April 30, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $2,446 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-6,449 | $-38,584 | sec.gov |
| Taxes paid | $456 | $456 | sec.gov |
| Total assets | $156,255 | $156,144 | sec.gov |
| Cash | $129 | $18 | sec.gov |
| Accounts receivable | $12,000 | $12,000 | sec.gov |
| Short-term debt | $133,564 | $127,003 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 6, 2025 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| April 30, 2024 | Annual report | Not listed | Not listed | sec.gov | ||
| April 27, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| May 2, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| September 17, 2021 | Amendment | $50,000 | $1,070,000 | April 30, 2022 | C/A - cofounder left | sec.gov |
| August 26, 2021 | Offering | $50,000 | $1,070,000 | April 30, 2022 | sec.gov |
Updated May 6, 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.