WhiteClouds Inc.

CIK: 1703997UTIncorporated: 2013-01-18

Current Offering

$100,000
Target Amount
$1,000,000
Maximum Amount
2017-10-25
Deadline

Security Details

Type: Simple Agreement for Future Equity (SAFE)
Price per share: $1.00
Shares offered: 100,000+

Offering Costs

Cash commission: 4%
4.0% 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.
Equity compensation: 2%
Securities equal to 2.0% of the securities sold will be issued to the intermediary upon a successful fundraise.

Financial Reports

Offering via Wefunder

Offering History

As of 2017-05-01
Raising $100,000 -$1,000,000 via 100,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2017-10-25
As of 2017-08-01
Raising $100,000 -$1,000,000 via 100,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2017-07-31
As of 2017-09-26
Raising $100,000 -$1,000,000 via 100,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2017-09-26
As of 2018-07-26
Raising $100,000 -$1,070,000 via 100,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2019-01-18
As of 2019-02-08
Raising $100,000 -$306,970 via 100,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2019-04-26
As of 2022-03-23
Raising $50,000 -$5,000,000 via 50,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2022-04-30
Filing date2017-05-012018-07-262019-02-082022-03-23
Current employees37313140
Act received most recent fiscal year$204,952$290,062$290,062$122,955
Act received prior fiscal year$240,679$204,952$204,952$189,507
Cash equi most recent fiscal year$64,892$66,222$66,222$3,043
Cash equi prior fiscal year$100,651$64,892$64,892$21,118
Cost goods sold most recent fiscal year$1,528,380$1,066,819$1,066,819$465,621
Cost goods sold prior fiscal year$854,311-$1,528,380.00$1,528,380$747,962
Long term debt most recent fiscal year$4,849,807$5,403,164$5,403,164$1,978,519
Long term debt prior fiscal year$1,312,901$4,849,807$4,849,807$1,306,907
Net income most recent fiscal year-$4,728,585.00-$3,492,801.00-$3,492,801.00-$369,165.00
Net income prior fiscal year$1,380,601-$4,728,585.00-$4,728,585.00-$1,076,706.00
Revenue most recent fiscal year$2,562,441$2,293,065$2,293,065$2,201,273
Revenue prior fiscal year$4,906,343$2,562,441$2,562,441$2,918,943
Short term debt most recent fiscal year$978,856$2,123,810$2,123,810$1,204,183
Short term debt prior fiscal year$668,799$978,856$978,856$6,808,212
Tax paid most recent fiscal year$64,335$77,989$77,989$0.00
Tax paid prior fiscal year-$64,435.00$64,335$78,638$0.00
Total asset most recent fiscal year$3,965,530$3,112,269$3,112,269$310,522
Total asset prior fiscal year$4,840,001$3,965,530$3,965,530$847,104

Financial Reports

Offering via Wefunder

Offering History

As of 2017-05-01
Raising $100,000 -$1,000,000 via 100,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2017-10-25
As of 2017-08-01
Raising $100,000 -$1,000,000 via 100,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2017-07-31
As of 2017-09-26
Raising $100,000 -$1,000,000 via 100,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2017-09-26
As of 2018-07-26
Raising $100,000 -$1,070,000 via 100,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2019-01-18
As of 2019-02-08
Raising $100,000 -$306,970 via 100,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2019-04-26
As of 2022-03-23
Raising $50,000 -$5,000,000 via 50,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2022-04-30
Filing date2017-05-012018-07-262019-02-082022-03-23
Current employees37313140
Act received most recent fiscal year$204,952$290,062$290,062$122,955
Act received prior fiscal year$240,679$204,952$204,952$189,507
Cash equi most recent fiscal year$64,892$66,222$66,222$3,043
Cash equi prior fiscal year$100,651$64,892$64,892$21,118
Cost goods sold most recent fiscal year$1,528,380$1,066,819$1,066,819$465,621
Cost goods sold prior fiscal year$854,311-$1,528,380.00$1,528,380$747,962
Long term debt most recent fiscal year$4,849,807$5,403,164$5,403,164$1,978,519
Long term debt prior fiscal year$1,312,901$4,849,807$4,849,807$1,306,907
Net income most recent fiscal year-$4,728,585.00-$3,492,801.00-$3,492,801.00-$369,165.00
Net income prior fiscal year$1,380,601-$4,728,585.00-$4,728,585.00-$1,076,706.00
Revenue most recent fiscal year$2,562,441$2,293,065$2,293,065$2,201,273
Revenue prior fiscal year$4,906,343$2,562,441$2,562,441$2,918,943
Short term debt most recent fiscal year$978,856$2,123,810$2,123,810$1,204,183
Short term debt prior fiscal year$668,799$978,856$978,856$6,808,212
Tax paid most recent fiscal year$64,335$77,989$77,989$0.00
Tax paid prior fiscal year-$64,435.00$64,335$78,638$0.00
Total asset most recent fiscal year$3,965,530$3,112,269$3,112,269$310,522
Total asset prior fiscal year$4,840,001$3,965,530$3,965,530$847,104

Financial Reports

Offering via Wefunder

Offering History

As of 2017-05-01
Raising $100,000 -$1,000,000 via 100,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2017-10-25
As of 2017-08-01
Raising $100,000 -$1,000,000 via 100,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2017-07-31
As of 2017-09-26
Raising $100,000 -$1,000,000 via 100,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2017-09-26
As of 2018-07-26
Raising $100,000 -$1,070,000 via 100,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2019-01-18
As of 2019-02-08
Raising $100,000 -$306,970 via 100,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2019-04-26
As of 2022-03-23
Raising $50,000 -$5,000,000 via 50,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2022-04-30
Filing date2017-05-012018-07-262019-02-082022-03-23
Current employees37313140
Act received most recent fiscal year$204,952$290,062$290,062$122,955
Act received prior fiscal year$240,679$204,952$204,952$189,507
Cash equi most recent fiscal year$64,892$66,222$66,222$3,043
Cash equi prior fiscal year$100,651$64,892$64,892$21,118
Cost goods sold most recent fiscal year$1,528,380$1,066,819$1,066,819$465,621
Cost goods sold prior fiscal year$854,311-$1,528,380.00$1,528,380$747,962
Long term debt most recent fiscal year$4,849,807$5,403,164$5,403,164$1,978,519
Long term debt prior fiscal year$1,312,901$4,849,807$4,849,807$1,306,907
Net income most recent fiscal year-$4,728,585.00-$3,492,801.00-$3,492,801.00-$369,165.00
Net income prior fiscal year$1,380,601-$4,728,585.00-$4,728,585.00-$1,076,706.00
Revenue most recent fiscal year$2,562,441$2,293,065$2,293,065$2,201,273
Revenue prior fiscal year$4,906,343$2,562,441$2,562,441$2,918,943
Short term debt most recent fiscal year$978,856$2,123,810$2,123,810$1,204,183
Short term debt prior fiscal year$668,799$978,856$978,856$6,808,212
Tax paid most recent fiscal year$64,335$77,989$77,989$0.00
Tax paid prior fiscal year-$64,435.00$64,335$78,638$0.00
Total asset most recent fiscal year$3,965,530$3,112,269$3,112,269$310,522
Total asset prior fiscal year$4,840,001$3,965,530$3,965,530$847,104

Financial Reports

Offering via Wefunder

Offering History

As of 2017-05-01
Raising $100,000 -$1,000,000 via 100,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2017-10-25
As of 2017-08-01
Raising $100,000 -$1,000,000 via 100,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2017-07-31
As of 2017-09-26
Raising $100,000 -$1,000,000 via 100,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2017-09-26
As of 2018-07-26
Raising $100,000 -$1,070,000 via 100,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2019-01-18
As of 2019-02-08
Raising $100,000 -$306,970 via 100,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2019-04-26
As of 2022-03-23
Raising $50,000 -$5,000,000 via 50,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2022-04-30
Filing date2017-05-012018-07-262019-02-082022-03-23
Current employees37313140
Act received most recent fiscal year$204,952$290,062$290,062$122,955
Act received prior fiscal year$240,679$204,952$204,952$189,507
Cash equi most recent fiscal year$64,892$66,222$66,222$3,043
Cash equi prior fiscal year$100,651$64,892$64,892$21,118
Cost goods sold most recent fiscal year$1,528,380$1,066,819$1,066,819$465,621
Cost goods sold prior fiscal year$854,311-$1,528,380.00$1,528,380$747,962
Long term debt most recent fiscal year$4,849,807$5,403,164$5,403,164$1,978,519
Long term debt prior fiscal year$1,312,901$4,849,807$4,849,807$1,306,907
Net income most recent fiscal year-$4,728,585.00-$3,492,801.00-$3,492,801.00-$369,165.00
Net income prior fiscal year$1,380,601-$4,728,585.00-$4,728,585.00-$1,076,706.00
Revenue most recent fiscal year$2,562,441$2,293,065$2,293,065$2,201,273
Revenue prior fiscal year$4,906,343$2,562,441$2,562,441$2,918,943
Short term debt most recent fiscal year$978,856$2,123,810$2,123,810$1,204,183
Short term debt prior fiscal year$668,799$978,856$978,856$6,808,212
Tax paid most recent fiscal year$64,335$77,989$77,989$0.00
Tax paid prior fiscal year-$64,435.00$64,335$78,638$0.00
Total asset most recent fiscal year$3,965,530$3,112,269$3,112,269$310,522
Total asset prior fiscal year$4,840,001$3,965,530$3,965,530$847,104

Company Information

Corporation
UT
2013-01-18

Latest Metrics

Employees37
Total Assets$3,965,530
Cash on Hand$64,892
Revenues$2,562,441
Net Income-$4,728,585.00

Crowdfunding Portals

This company is raising funds through this portal