Data / Crowdfunding / Tennessee / Totem Inc
Totem Inc: crowdfunding raise on Wefunder Portal LLC, $50,000 to $1,200,000 (2026)
Totem Inc, a corporation in Chattanooga, TN, filed a Form C with the SEC on August 5, 2026 to raise $50,000 to $1,200,000 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 $1,687,886 in revenue and a net loss of $1,678,955, with 4 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
- totemlabs.com
- Funding portal
- Wefunder Portal LLC
- Address
- 1428 Williams Street Ste Q, Chattanooga, TN 37402
- Legal form
- Corporation
- Jurisdiction
- TN
- Incorporated
- January 19, 2024
- SEC CIK
- 0002097979
Offering terms
From the amendment filed August 5, 2026.
- Security
- Simple Agreement for Future Equity (SAFE)
- Price
- $1.00
- Target
- $50,000
- Maximum
- $1,200,000
- Deadline
- April 30, 2027
- Portal compensation
- 6.9% 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 August 5, 2026.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $1,687,886 | $979,866 | sec.gov |
| Cost of goods sold | $1,435,100 | $973,554 | sec.gov |
| Net income | $-1,678,955 | $-1,122,585 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $462,146 | $81,501 | sec.gov |
| Cash | $23,867 | $55,136 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $774,754 | $119,086 | sec.gov |
| Long-term debt | $13,932 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| August 5, 2026 | Amendment | $50,000 | $1,200,000 | April 30, 2027 | Disclosing potential future acquisition. | sec.gov |
| April 27, 2026 | Amendment | $50,000 | $1,200,000 | April 30, 2027 | Adding 2025 financials and extending Form C deadline date | sec.gov |
| December 9, 2025 | Offering | $50,000 | $1,200,000 | April 30, 2026 | sec.gov |
Updated August 5, 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.