Data / Crowdfunding / Oregon / Peaberry Software Inc.
Peaberry Software Inc.: crowdfunding raise on OpenDeal Portal LLC, $25,000 to $5,000,000 (2021)
Peaberry Software Inc., a corporation in Beaverton, OR, filed a Form C with the SEC on June 28, 2021 to raise $25,000 to $5,000,000 in Crowd SAFE (Simple Agreement for Future Equity) through OpenDeal Portal LLC. The offering closed on April 30, 2022. In its most recent fiscal year it reported $23,552,881 in revenue and $1,357,475 in net income, with 165 employees.
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- Website
- www.customer.io
- Funding portal
- OpenDeal Portal LLC
- Address
- 9450 SE GEMINI DR SUITE 43920, Beaverton, OR 97008
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- January 30, 2012
- SEC CIK
- 0001619078
Offering terms
From the amendment filed June 28, 2021.
- Security
- Crowd SAFE (Simple Agreement for Future Equity)
- Price
- $1.00
- Target
- $25,000
- Maximum
- $5,000,000
- Deadline
- April 30, 2022
- Portal compensation
- Cash commission equal to (a) 6% of the face amount of Securities sold up to $2,000,000, plus (b) 4% of the face amount of Securities sold above $2,000,000 up to $4,000,000, plus (c) 3% of the face amount of Securities sold above $4,000,000.
Financials
From the Form C-AR filed May 10, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $23,552,881 | $13,895,557 | sec.gov |
| Cost of goods sold | $5,024,161 | $3,193,691 | sec.gov |
| Net income | $1,357,475 | $840,830 | sec.gov |
| Taxes paid | $99,589 | $-21,612 | sec.gov |
| Total assets | $10,302,453 | $4,829,503 | sec.gov |
| Cash | $8,093,555 | $3,458,005 | sec.gov |
| Accounts receivable | $1,189,219 | $119,652 | sec.gov |
| Short-term debt | $3,329,074 | $1,116,089 | sec.gov |
| Long-term debt | $0 | $707,475 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 10, 2022 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| May 10, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| August 16, 2021 | Progress update | $25,000 | $5,000,000 | April 30, 2022 | The Offering closed successfully on 8/15/2021, having received investment commitments of $4,850,616.50, although a final accounting has not taken place. | sec.gov |
| June 28, 2021 | Amendment | $25,000 | $5,000,000 | April 30, 2022 | The Company has extended the Early Investor deadline to 6:59 AM PT on June 28, 2021; and amended Exhibits C-1 and C-2 to add omitted exhibit. No other revisions or updates have been made to the Form C originally filed on June 21, 2021. | sec.gov |
| June 21, 2021 | Offering | $25,000 | $5,000,000 | April 30, 2022 | sec.gov |
Updated May 10, 2022. 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.