This company is no longer in business. Investors can get details about any potential exits or failures here.
Solace
Digital first, consumer-centric, modern funeral solution
Overview
$545,285 - Total
Total Commitments ($USD)
SeedInvest
05/24/2020
03/31/2021
$1,000
Convertible Note
Seed
RegCF
/ RegD 506(c)
$6,500,000
20%
Rolling Commitments ($USD)
03/30/2021
$816
2018
Consumer Products, Goods & Services
Non-Tech
B2C
Low
Low
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$136,760 |
$0 |
|
COGS |
$83,187 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-426,305 |
$-31,433 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$31,719 |
$52,035 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$33,923 |
$52,035 |
|
Short-Term Debt |
$55,693 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$55,693 |
$0 |
Raise History
| Offering Name | Close Date | Platform | Valuation/Cap | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| Solace | 03/30/2021 | SeedInvest | $6,500,000 | $545,285 | Convertible Note | Funded | RegCF / RegD 506(c) |
| Solace | 04/23/2020 | SeedInvest | $5,200,000 | $110,000 | Convertible Note | Funded | RegD 506(b) |
| Solace | 12/30/2019 | Self Managed | $3,000,000 | - | Equity - Common | Funded | RegD 506(c) |
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.
Valuation History
Revenue History
Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.
Employee History
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