Data / Crowdfunding / New York / StayFi Inc
StayFi Inc: crowdfunding raise on OpenDeal Portal LLC, $25,000 to $400,000 (2022)
StayFi Inc, a corporation in New York, NY, filed a Form C with the SEC on June 13, 2022 to raise $25,000 to $400,000 in Crowd SAFE (Simple Agreement for Future Equity) through OpenDeal Portal LLC. The offering closed on October 16, 2022. In its most recent fiscal year it reported $1,031,625 in revenue and a net loss of $465,840, with 6 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
- stayfi.com
- Funding portal
- OpenDeal Portal LLC
- Address
- 175 VARICK STREET FLOOR 1, New York, NY 10014
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- May 18, 2018
- SEC CIK
- 0001915356
Offering terms
From the offering filed June 13, 2022.
- Security
- Crowd SAFE (Simple Agreement for Future Equity)
- Price
- $1.00
- Target
- $25,000
- Maximum
- $400,000
- Deadline
- October 16, 2022
- Portal compensation
- At the conclusion of the offering, the issuer shall pay a fee of six percent (6%) of the amount raised in the offering to the Intermediary.
Financials
From the Form C-AR filed March 24, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $1,031,625 | $436,476 | sec.gov |
| Cost of goods sold | $726,799 | $358,464 | sec.gov |
| Net income | $-465,840 | $-35,060 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $392,412 | $106,910 | sec.gov |
| Cash | $256,990 | $55,505 | sec.gov |
| Accounts receivable | $133 | $7,474 | sec.gov |
| Short-term debt | $330,871 | $175,976 | sec.gov |
| Long-term debt | $695,947 | $99,500 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| March 24, 2023 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| March 24, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| October 19, 2022 | Progress update | $25,000 | $400,000 | October 16, 2022 | The Offering closed successfully on 10/17/2022, having received investment commitments of $179,454.50, although a final accounting has not taken place. | sec.gov |
| June 13, 2022 | Offering | $25,000 | $400,000 | October 16, 2022 | sec.gov |
Updated March 24, 2023. 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.