Data / Crowdfunding / California / Yellowpay Inc.
Yellowpay Inc.: crowdfunding raise on Wefunder Portal LLC, $400,000 to $1,070,000 (2022)
Yellowpay Inc., a corporation in Palo Alto, CA, filed a Form C with the SEC on July 20, 2022 to raise $400,000 to $1,070,000 in Convertible Note through Wefunder Portal LLC. The offering closed on April 30, 2023. In its most recent fiscal year it reported $230,694 in revenue and $3,600 in net income, with 5 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
- www.getyellowpay.com
- Funding portal
- Wefunder Portal LLC
- Address
- 2100 geng road, Palo Alto, CA 94303
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- January 25, 2022
- SEC CIK
- 0001938501
Offering terms
From the offering filed July 20, 2022.
- Security
- Convertible Note
- Price
- $1.00
- Target
- $400,000
- Maximum
- $1,070,000
- Deadline
- April 30, 2023
- Portal compensation
- 7.5% 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 filed July 20, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $230,694 | $0 | sec.gov |
| Cost of goods sold | $223,631 | $0 | sec.gov |
| Net income | $3,600 | $0 | sec.gov |
| Taxes paid | $1,463 | $0 | sec.gov |
| Total assets | $226,324 | $0 | sec.gov |
| Cash | $197,499 | $0 | sec.gov |
| Accounts receivable | $28,825 | $0 | sec.gov |
| Short-term debt | $1,463 | $0 | sec.gov |
| Long-term debt | $221,181 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| July 20, 2022 | Offering | $400,000 | $1,070,000 | April 30, 2023 | sec.gov |
Updated July 20, 2022. 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.