Data / Crowdfunding / Minnesota / Solsten, Inc.
Solsten, Inc.: crowdfunding raise on Wefunder Portal LLC, $50,000 to $103,219 (2026)
Solsten, Inc., a corporation in Minnetonka, MN, filed a Form C with the SEC on May 1, 2026 to raise $50,000 to $103,219 in Simple Agreement for Future Equity (SAFE) through Wefunder Portal LLC. The offering closes on April 30, 2027. In its most recent fiscal year it reported $2,138,927 in revenue and a net loss of $5,072,491, with 12 employees.
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- Website
- solsten.io
- Funding portal
- Wefunder Portal LLC
- Address
- 701 Carlson Parkway Suite 310, Minnetonka, MN 55305
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- October 4, 2018
- SEC CIK
- 0002093811
Offering terms
From the amendment filed May 1, 2026.
- Security
- Simple Agreement for Future Equity (SAFE)
- Price
- $1.00
- Target
- $50,000
- Maximum
- $103,219
- Deadline
- April 30, 2027
- Portal compensation
- 7.9% 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/A filed May 1, 2026.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $2,138,927 | $2,573,422 | sec.gov |
| Cost of goods sold | $761,870 | $1,447,865 | sec.gov |
| Net income | $-5,072,491 | $-7,992,695 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $2,360,081 | $6,320,072 | sec.gov |
| Cash | $364,256 | $2,976,732 | sec.gov |
| Accounts receivable | $67,906 | $708,385 | sec.gov |
| Short-term debt | $1,215,116 | $1,781,038 | sec.gov |
| Long-term debt | $1,347,172 | $116,713 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 1, 2026 | Amendment | $50,000 | $103,219 | April 30, 2027 | Added 2025 financials, lowered maximum fundraise target, and extended Form C deadline date. | sec.gov |
| March 18, 2026 | Offering | $50,000 | $597,219 | April 30, 2026 | sec.gov | |
| February 17, 2026 | Progress update | $20,000 | $1,235,000 | February 14, 2026 | At the close of the offering, the issuer closed on $20780.75 and 0 number of securities. | sec.gov |
| February 12, 2026 | Amendment | $20,000 | $1,235,000 | February 14, 2026 | Campaign End Date moved up February 14 2026 | sec.gov |
| December 9, 2025 | Offering | $20,000 | $1,235,000 | March 9, 2026 | sec.gov |
Updated May 1, 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.