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Crowdfunding

Shift, LLC

Deadline passed 2022-10-19

Limited Liability Company · California · Incorporated 2018-10-18

  • CIK 1779469
  • File 020-25453
  • State CA
Target Amount
$500,000
minimum to close
Maximum Amount
$3,985,011
ceiling, with over-subscription
Deadline
2022-10-19
as the latest Form C set it

Connected

named in its Form C filings
Funding portalAngel FundingFiling · 2026-07-06Form C 020-25453Financials · dashboardReported figures by fiscal year
Shift, LLCCIK 1779469

The intermediary named in this company’s Form C filings. Investments in a Regulation Crowdfunding offering can only be made through them.

Latest Reported Offering

The terms on the latest Form C

Security Details

Type
Preferred Stock
Price per share
$3.00
Shares offered
166,667+

Offering Costs

Cash commission
4%
of the successful amount raised in cash, 4% of the successful amount raised in the equity of the offering, plus reimbursements for any out-of-pocket expenses incurred by the portal with third-party service providers in connection with the offering.
Equity compensation
—
The intermediary previously assisted the company in a Regulation Crowdfunding offerings and received 4% of the Preferred Equity sold in the past offerings. The intermediary still holds those interests.

Campaign timeline

target amount · by first filed
2023-10-26 · $250,000
  1. 2019-06-25$500,000020-25453
  2. 2020-10-01$300,000020-26999
  3. 2021-03-18$347,154020-27817
  4. 2021-10-29$250,000020-29078
  5. 2022-09-19$500,000020-30943
  6. 2023-10-26$250,000020-33098

Hover a dot or row, or tab through the dots · bars scaled to the largest round ($500,000)

Filing history

Form C family — 22 filings
FiledFormFile numberPortalWhat it statesWhat the filer said
C-TR020-25453Angel Funding——
C-AR020-25453Angel FundingRevenue $0 · net income -$143K · 1 employees—
C-AR020-25453Angel FundingRevenue $0 · net income -$721K · 1 employees—
C-AR020-25453Angel FundingRevenue $0.3K · net income -$44K · 1 employees—
C-U020-33098Angel Funding$250K target, up to $618K · Debt · closes 2023-11-16The offering ended with $618,000 in investments.
C020-33098Angel Funding$250K target, up to $618K · Debt · closes 2023-11-16—
C-AR020-25453Angel FundingRevenue $1.2K · net income -$230K · 1 employees—
C-U020-30943Angel Funding$500K target, up to $4M · Preferred Stock at $3.00 · closes 2022-10-19The total sold in this offering was $1,452,138.
C/A020-25453Angel Funding$500K target, up to $4M · Preferred Stock at $3.00 · closes 2022-10-19Including Audited Financial Statements that were not attached to offering documents
C020-30943Angel Funding$500K target, up to $4M · Preferred Stock at $3.00 · closes 2022-10-19—
C-AR020-25453Angel FundingRevenue $0 · net income -$419K · 0 employees—
C-U020-29078Angel Funding$250K target, up to $4.4M · Preferred Stock at $3.00 · closes 2021-11-23Offering ended on 11-23-2021. This is the update for how much ended up in the closed offering. We have reconciled all accounting for offering. We have raised $1,014,987.00 and sold 338,329 units in the offering.
C020-29078Angel Funding$250K target, up to $4.4M · Preferred Stock at $3.00 · closes 2021-11-23—
C-U020-27817Angel Funding$347K target, up to $1.1M · Preferred Stock at $3.00 · closes 2021-04-29Closing update to disclose amount invested - amount invested was $574,764 with one additional possible future change for up to $252 due to a chargeback being resolved that occurred after closing.
C-AR020-25453Angel FundingRevenue $0 · net income -$17.8K · 0 employees—
C020-27817Angel Funding$347K target, up to $1.1M · Preferred Stock at $3.00 · closes 2021-04-29—
C-U020-26999Angel Funding$300K target, up to $900K · Preferred Stock at $1.00 · closes 2021-02-01Update filing for termination of offering. No investments were sold in this offering.
C-U020-25453Angel Funding$92.5K target, up to $1.1M · Preferred Stock at $1.00 · closes 2020-09-30Initial closed updated for a successfully closed offering.
C020-26999Angel Funding$300K target, up to $900K · Preferred Stock at $1.00 · closes 2021-02-01—
C/A020-25453Angel Funding$92.5K target, up to $1.1M · Preferred Stock at $1.00 · closes 2020-09-30This amendment is to extend the duration of the offering (with the reasoning for extending). It also includes a reduction in the minimum target (with the reason for the reduction and the use of those funds).
C/A020-25453Angel Funding$800K target, up to $1.1M · Preferred Stock at $1.00 · closes 2020-06-24Extension of time and further description of business plan.
C020-25453Angel Funding$800K target, up to $1.1M · Preferred Stock at $1.00 · closes 2020-03-14—

Company Information

Legal Status
Limited Liability Company
Jurisdiction
California
Date of Incorporation
2018-10-18
Website
https://www.angel.com/watch/the-shift

Latest Metrics

Most recent fiscal year, as the latest filing reports it

Employees
1
Total Assets
$1,841,240
Cash on Hand
$437.59
Revenues
$0.00
Net Income
-$142,672

Form C prints a most-recent and a prior fiscal year side by side but never names them. The dashboard chains every filing into those years and plots them. EDGAR still has each Form C-AR; the dashboard lays every year they filed next to it.

  • Reported financials chained into fiscal years — revenue, income, assets, cash — not one filing at a time
  • A sparkline on each figure so the shape is visible before the numbers
  • A revenue series dated to the filings that reported it
  • The campaign as filed: target, ceiling, deadline, and the portal that ran it
  • Follow it, and see it change on your watchlist

Part of the Crowdfunding plan — $40/mo at launch pricing ($100 list)

See plans

View all SEC filings ↗