Data / Crowdfunding / Pennsylvania / Sapient Industries, Inc.
Sapient Industries, Inc.: crowdfunding raise on OpenDeal Portal LLC, $25,000 to $1,070,000 (2019)
Sapient Industries, Inc., a corporation in Philadelphia, PA, filed a Form C with the SEC on January 31, 2019 to raise $25,000 to $1,070,000 in Units of Crowd SAFE (Simple Agreement for Future Equity) through OpenDeal Portal LLC. The offering closed on April 30, 2019. In its most recent fiscal year it reported $2,007 in revenue and a net loss of $1,771,105, with 10 employees.
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- Website
- sapient.industries
- Funding portal
- OpenDeal Portal LLC
- Address
- 1735 MARKET STREET, Philadelphia, PA 19103
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- April 12, 2017
- SEC CIK
- 0001763112
Offering terms
From the offering filed January 31, 2019.
- Security
- Units of Crowd SAFE (Simple Agreement for Future Equity)
- Price
- $1.00
- Target
- $25,000
- Maximum
- $1,070,000
- Deadline
- April 30, 2019
- Portal compensation
- 6.0% of the amount raised
Financials
From the Form C-AR filed April 30, 2020.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $2,007 | $360 | sec.gov |
| Cost of goods sold | $0 | $1,200 | sec.gov |
| Net income | $-1,771,105 | $-573,605 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $681,488 | $548,164 | sec.gov |
| Cash | $250,947 | $73,226 | sec.gov |
| Accounts receivable | $1,667 | $82 | sec.gov |
| Short-term debt | $10,204 | $4,484 | sec.gov |
| Long-term debt | $960,827 | $440,000 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 30, 2020 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| April 30, 2020 | Annual report | Not listed | Not listed | sec.gov | ||
| May 1, 2019 | Progress update | $25,000 | $1,070,000 | April 30, 2019 | The Offering successfully raised its maximum offering amount, $1,070,000; although a final accounting has not taken place. | sec.gov |
| January 31, 2019 | Offering | $25,000 | $1,070,000 | April 30, 2019 | sec.gov |
Updated April 30, 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.