Swell Financial, Inc.

CIK: 1914565DEIncorporated: 2021-12-16

Current Offering

$400,000
Target Amount
$5,000,000
Maximum Amount
2023-03-31
Deadline

Security Details

Type: Simple Agreement for Future Equity (SAFE)
Price per share: $1.00
Shares offered: 400,000+

Offering Costs

Cash commission: 5%
5.0% 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: 0%
No

Financial Reports

Offering via Wefunder

Offering History

As of 2023-02-28
Raising $400,000 -$5,000,000 via 400,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2023-03-31
Filing date2023-02-28
Current employees11
Act received most recent fiscal year$165,472
Act received prior fiscal year$0.00
Cash equi most recent fiscal year$5,682,775
Cash equi prior fiscal year$0.00
Cost goods sold most recent fiscal year$287,323
Cost goods sold prior fiscal year$0.00
Long term debt most recent fiscal year$0.00
Long term debt prior fiscal year$0.00
Net income most recent fiscal year-$4,325,320.00
Net income prior fiscal year$0.00
Revenue most recent fiscal year$151,894
Revenue prior fiscal year$0.00
Short term debt most recent fiscal year$0.00
Short term debt prior fiscal year$0.00
Tax paid most recent fiscal year$0.00
Tax paid prior fiscal year$0.00
Total asset most recent fiscal year$9,908,025
Total asset prior fiscal year$0.00

Company Information

Corporation
DE
2021-12-16

Latest Metrics

Employees11
Total Assets$9,908,025
Cash on Hand$5,682,775
Revenues$151,894
Net Income-$4,325,320.00

Crowdfunding Portals

This company is raising funds through this portal