Data / Crowdfunding / California / Utobo, Inc.
Utobo, Inc.: crowdfunding raise on OpenDeal Portal LLC, $25,000 to $1,070,000 (2022)
Utobo, Inc., a corporation in Mountain View, CA, filed a Form C with the SEC on May 11, 2022 to raise $25,000 to $1,070,000 in Crowd SAFE (Simple Agreement for Future Equity through OpenDeal Portal LLC. The offering closed on April 30, 2023. In its most recent fiscal year it reported $46,543 in revenue and a net loss of $49,653, with 1 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
- utobo.com
- Funding portal
- OpenDeal Portal LLC
- Address
- 800 W El Camino Real Suite 180, Mountain View, CA 94043
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- January 5, 2021
- SEC CIK
- 0001920741
Offering terms
From the offering filed May 11, 2022.
- Security
- Crowd SAFE (Simple Agreement for Future Equity
- Price
- $1.00
- Target
- $25,000
- Maximum
- $1,070,000
- Deadline
- April 30, 2023
- Portal compensation
- At the conclusion of the offering, the issuer shall pay a fee of six percent 96%) of the amount raised in the offering to the Intermediary
Financials
From the Form C-AR filed May 1, 2025.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $46,543 | $36,681 | sec.gov |
| Cost of goods sold | $16,790 | $13,272 | sec.gov |
| Net income | $-49,653 | $-87,059 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $66,276 | $61,336 | sec.gov |
| Cash | $256 | $2,836 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $4,492 | $127 | sec.gov |
| Long-term debt | $258,757 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 1, 2025 | Annual report | Not listed | Not listed | sec.gov | ||
| December 22, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| January 18, 2023 | Progress update | $25,000 | $1,070,000 | April 30, 2023 | The Offering closed successfully on 1/12/2023, having received investment commitments of $62,787, although a final accounting has not taken place. | sec.gov |
| May 11, 2022 | Offering | $25,000 | $1,070,000 | April 30, 2023 | sec.gov |
Updated May 1, 2025. 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.