Data / Crowdfunding / California / SMARTfit Inc.
SMARTfit Inc.: crowdfunding raise on StartEngine Capital, LLC, $9,999 to $1,069,999 (2022)
SMARTfit Inc., a corporation in Camarillo, CA, filed a Form C with the SEC on May 24, 2022 to raise $9,999 to $1,069,999 in Class B Nonvoting Common Stock through StartEngine Capital, LLC. The offering closed on June 29, 2022. In its most recent fiscal year it reported $830,885 in revenue and a net loss of $2,382,673, with 13 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.smartfitinc.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 20 N. Aviador St Unit C, Camarillo, CA 93010
- Legal form
- Corporation
- Jurisdiction
- CA
- Incorporated
- May 16, 2013
- SEC CIK
- 0001715110
Offering terms
From the amendment filed May 24, 2022.
- Security
- Class B Nonvoting Common Stock
- Price
- $1.12
- Target
- $9,999
- Maximum
- $1,069,999
- Deadline
- June 29, 2022
- Portal compensation
- 7 - 13 percent
Financials
From the Form C-AR filed September 25, 2026.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $830,885 | $657,438 | sec.gov |
| Cost of goods sold | $386,396 | $197,143 | sec.gov |
| Net income | $-2,382,673 | $-1,622,363 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $643,066 | $804,590 | sec.gov |
| Cash | $3,513 | $52,147 | sec.gov |
| Accounts receivable | $42,340 | $0 | sec.gov |
| Short-term debt | $2,280,365 | $3,142,301 | sec.gov |
| Long-term debt | $4,021,806 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| September 25, 2026 | Annual report | Not listed | Not listed | sec.gov | ||
| April 9, 2025 | Annual report | Not listed | Not listed | sec.gov | ||
| April 25, 2024 | Annual report | Not listed | Not listed | sec.gov | ||
| May 2, 2023 | Annual report, amended | Not listed | Not listed | sec.gov | ||
| April 28, 2023 | Annual report, amended | Not listed | Not listed | sec.gov | ||
| April 21, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| September 29, 2022 | Progress update | $9,999 | $1,069,999 | June 29, 2022 | Adjustment to the initial Form C-U filing. At the close of the offering, the issuer closed on $130,609.89 and 129,799 number of securities. | sec.gov |
| June 30, 2022 | Progress update | $9,999 | $1,069,999 | June 29, 2022 | At the close of the offering, the issuer closed on $117459.92 and 117,732 number of securities. | sec.gov |
| May 24, 2022 | Amendment | $9,999 | $1,069,999 | June 29, 2022 | Issuer is disclosing an outgoing board member and an incoming board member. | sec.gov |
| April 20, 2022 | Amendment | $9,999 | $1,069,999 | June 29, 2022 | Issuer is updating their financials, extending their campaign, and disclosing two new directors. | sec.gov |
| April 20, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| March 17, 2022 | Amendment | $9,999 | $1,069,999 | April 30, 2022 | Issuer is updating campaign page. | sec.gov |
| February 2, 2022 | Offering | $9,999 | $1,069,999 | April 30, 2022 | sec.gov |
Updated September 25, 2026. 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.