Data / Crowdfunding / California / Shape Labs Inc.
Shape Labs Inc.: crowdfunding raise on Wefunder Portal LLC, $50,000 to $1,000,000 (2016)
Shape Labs Inc., a corporation in San Mateo, CA, filed a Form C with the SEC on November 30, 2016 to raise $50,000 to $1,000,000 in Simple Agreement for Future Equity (SAFE) through Wefunder Portal LLC. The offering closed on December 31, 2016. In its most recent fiscal year it reported $0 in revenue and a net loss of $195,637, with 2 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
- shapescale.com
- Funding portal
- Wefunder Portal LLC
- Address
- 2898 Baze Road, San Mateo, CA 94033
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- May 8, 2015
- SEC CIK
- 0001674497
Offering terms
From the amendment filed November 30, 2016.
- Security
- Simple Agreement for Future Equity (SAFE)
- Price
- $1.00
- Target
- $50,000
- Maximum
- $1,000,000
- Deadline
- December 31, 2016
- Portal compensation
- 3.0% of the offering amount upon a successful fundraise.
Financials
From the Form C/A filed November 30, 2016.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-195,637 | $0 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $211,534 | $0 | sec.gov |
| Cash | $209,365 | $0 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $11,670 | $0 | sec.gov |
| Long-term debt | $395,412 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| November 30, 2016 | Amendment | $50,000 | $1,000,000 | December 31, 2016 | Include CPA reviewed financials and update most recent fiscal year financials. | sec.gov |
| November 25, 2016 | Amendment | $50,000 | $1,000,000 | December 31, 2016 | Extend deadline date to Dec 31st | sec.gov |
| November 14, 2016 | Amendment | $50,000 | $1,000,000 | November 27, 2016 | Extend deadline date to Nov 27th | sec.gov |
| May 19, 2016 | Offering | $50,000 | $1,000,000 | November 15, 2016 | sec.gov |
Updated November 30, 2016. 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.