Data / Crowdfunding / California / WorkDone Inc.
WorkDone Inc.: crowdfunding raise on truCrowd, Inc, $10,000 to $1,070,000 (2018)
WorkDone Inc., a corporation in Beverly Hills, CA, filed a Form C with the SEC on September 27, 2018 to raise $10,000 to $1,070,000 in SAFE+REV (Simple Agreement for Future Equity and Revenue Participation) through truCrowd, Inc. The offering closed on November 30, 2018. In its most recent fiscal year it reported $0 in revenue and a net loss of $551,873.
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.workdone.ai
- Funding portal
- truCrowd, Inc
- Address
- 8306 WILSHIRE BLVD. #752, Beverly Hills, CA 90211
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- December 20, 2017
- SEC CIK
- 0001737477
Offering terms
From the amendment filed September 27, 2018.
- Security
- SAFE+REV (Simple Agreement for Future Equity and Revenue Participation)
- Price
- $10.00
- Target
- $10,000
- Maximum
- $1,070,000
- Deadline
- November 30, 2018
- Portal compensation
- The funding portal is getting paid a 7% success fee less $3,500 already paid.
Financials
From the Form C-AR filed October 1, 2019.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-551,873 | $0 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $22,016 | $0 | sec.gov |
| Cash | $15,284 | $0 | sec.gov |
| Accounts receivable | $6,732 | $0 | sec.gov |
| Short-term debt | $172,000 | $0 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| October 1, 2019 | Annual report | Not listed | Not listed | sec.gov | ||
| September 27, 2018 | Amendment | $10,000 | $1,070,000 | November 30, 2018 | Extend end date to 30 November 2018. | sec.gov |
| July 5, 2018 | Amendment | $10,000 | $1,070,000 | September 28, 2018 | Extend end date to 28 September 2018. | sec.gov |
| June 19, 2018 | Amendment | $10,000 | $1,070,000 | July 9, 2018 | Clarification that the outstanding loan payable to Joseph T. Rogers as described in Section 24 is a related parties transaction. | sec.gov |
| May 17, 2018 | Offering | $10,000 | $1,070,000 | July 9, 2018 | sec.gov |
Updated October 1, 2019. 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.