Cloudfarm Inc.

CIK: 1943897DEIncorporated: 2014-11-03

Current Offering

$100,000
Target Amount
$5,000,000
Maximum Amount
2023-04-30
Deadline

Security Details

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

Offering Costs

Cash commission: 8%
7.5% 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 2022-09-09
Raising $100,000 -$5,000,000 via 100,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2023-04-30
As of 2023-05-04
Raising $100,000 -$1,235,000 via 100,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2024-04-29
Filing date2022-09-092023-04-20
Current employees66
Act received most recent fiscal year$7,351$0.00
Act received prior fiscal year$38,546$7,351
Cash equi most recent fiscal year$103,329$120,051
Cash equi prior fiscal year$15,831$103,329
Cost goods sold most recent fiscal year$1,029,295$911,603
Cost goods sold prior fiscal year$863,459$1,029,295
Long term debt most recent fiscal year$0.00$0.00
Long term debt prior fiscal year$0.00$0.00
Net income most recent fiscal year-$419,149.00-$680,541.00
Net income prior fiscal year-$120,590.00-$419,149.00
Revenue most recent fiscal year$2,187,316$2,182,146
Revenue prior fiscal year$1,629,376$2,187,316
Short term debt most recent fiscal year$588,558$535,548
Short term debt prior fiscal year$258,846$588,558
Tax paid most recent fiscal year$0.00$0.00
Tax paid prior fiscal year$0.00$0.00
Total asset most recent fiscal year$544,099$616,764
Total asset prior fiscal year$289,356$544,099

Company Information

Corporation
DE
2014-11-03

Latest Metrics

Employees6
Total Assets$544,099
Cash on Hand$103,329
Revenues$2,187,316
Net Income-$419,149.00

Crowdfunding Portals

This company is raising funds through this portal