This company is no longer in business. Investors can get details about any potential exits or failures here.
81-c
Early Stage
Creating Value in the Global Economy.
Overview
Raised: $79,181
Total Commitments ($USD)
Platform
StartEngine
Start Date
03/06/2019
Close Date
04/29/2020
Min. Goal
$10,000
Max. Goal
$1,070,000
Min. Investment
$499
Security Type
Equity - Tokens
Series
Seed
SEC Filing Type
RegCF
Price Per Share
$1.00
Pre-Money Valuation
$1,250,000
Rolling Commitments ($USD)
Status
Funded
Reporting Date
05/02/2020
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$189
# of Investors
45
Momentum
Funded
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Year Founded
2018
Industry
Financial & Insurance Products & Services
Tech Sector
Non-Tech
Distribution Model
B2B
Margin
High
Capital Intensity
High
81-c, with a pre-money valuation of $1.25 million, is raising on StartEngine. The company is bringing entrepreneurship as an asset class and allowing people to invest in entrepreneur-led businesses. 81-c provides entrepreneurs with the opportunity to avail capital and investors with a chance to invest in small and medium-sized enterprises. 81-c was founded by Dan Abbate and Jess Merrell. The current crowdfunding round has a minimum target of $10,000 and a maximum target of $1,070,000. The company is scaling, and it has already selected and on-boarded its first business unit.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$911,328 |
|
COGS |
$0 |
$643,598 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$0 |
$265,063 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$0 |
$54,440 |
|
Accounts Receivable |
$0 |
$165,587 |
|
Total Assets |
$0 |
$550,027 |
|
Short-Term Debt |
$0 |
$29,952 |
|
Long-Term Debt |
$0 |
$87,087 |
|
Total Liabilities |
$0 |
$117,039 |
Financials as of: 03/06/2019
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