Self Managed
05/19/2022
05/19/2023
$250
$66,375,323
$250
Equity – Common
RegA+
$10,000,000
San Mateo, California
Business Services, Software, & Applications
EnterpriseTech
Cloudastructure, with a valuation of $10 million, is raising funds independently through Reg A+ crowdfunding. It is an early-stage cloud video surveillance company that uses computer vision for surveillance. The platform detects if people are or aren’t wearing masks, how far apart they are, and if they are feverish. Cloudastructure is giving businesses the power to reopen safely. Rick Bentley founded Cloudastructure in 2003. The current crowdfunding campaign has a maximum target of $66,375,323. The campaign proceeds will be used for sales and marketing, engineering, hardware development, research and development, product development, and general and administrative expenses.
Balance Sheet
|
Cash and Cash Equivalents |
$13,647,000 |
|
Investment Securities |
$0 |
|
Total Investments |
$0 |
|
Accounts and Notes Receivable |
$454,000 |
|
Loans |
$0 |
|
Property, Plant and Equipment (PP&E) |
$356,000 |
|
Property and Equipment |
$0 |
| Total Assets |
$14,710,000 |
|
Accounts Payable & Accrued Liabilities |
$688,000 |
|
Policy Liabilities and Accruals |
$0 |
|
Deposits |
$0 |
|
Long Term Debt |
$0 |
|
Total Liabilities |
$2,299,000 |
|
Total Stockholders’ Equity |
$12,411,000 |
| Total Liabilities and Equity |
$14,710,000 |
Statement of Comprehensive Income Information
|
Total Revenues |
$421,000 |
|
Total Interest Income |
$0 |
|
Costs & Expenses Applicable to Rev |
$8,933,000 |
|
Total Interest Expenses |
$0 |
|
Depreciation and Amortization |
$34,000 |
| Net Income |
$-9,322,000 |
|
Earnings Per Share – Basic |
$0 |
|
Earnings Per Share – Diluted |
$0 |
Auditor: IndigoSpire CPA Group, LLC
Financials as of: 05/19/2022
Raise History
| Cloudastructure | 05/19/2023 | Self Managed | $10,000,000 | $0 | Equity – Common |
Active |
RegA+ |
| Cloudastructure | 02/22/2022 | Dalmore Group | $30,000,000 | $30,900,000 | Equity – Common |
Funded |
RegA+ |
| Cloudastructure | 05/13/2020 | Wefunder | $10,000,000 | $331,590 | SAFE |
Funded |
RegCF |
| Cloudastructure | 07/15/2019 | Republic | $7,000,000 | $382,730 | SAFE |
Funded |
RegCF |
