Node40
QuickBooks for crypto
Analytics
Raised to Date: $274,100
Aggregate Commitments $
Platform
NextSeed
Start Date
02/17/2021
Close Date
05/31/2021
Min. Goal
$200,000
Max. Goal
$750,000
Min. Investment
$100
Security Type
SAFE
Funding Type
RegCF
Series
Seed
Valuation Cap
$5,000,000
Discount Rate
20%
Rolling Commitments $
Status
Active
Reporting Date
04/21/2021
Days Remaining
39
% of Min. Goal
137%
% of Max. Goal
37%
Likelihood of Max
Avg. Daily Raise
$4,351
# of Investors
325
Momentum
Log in or create a free account today to gain access to KingsCrowd analytics.
Location
Albany, New York
Industry
Financial & Insurance Products & Services
Tech Sector
Fintech
Distribution Model
B2C
Margin
High
Capital Intensity
Low
Node40, with a valuation cap of $5 million, is raising crowdfunding on NextSeed. The company has developed a platform for enterprise-grade transaction tracking for tax compliance related to cryptocurrencies. It reads and evaluates activity from all crypto sources, examines it, applies financial rules, and downloads detailed audit records. Perry Woodin founded Node40 in October 2020. The current crowdfunding campaign has a minimum raise of $200,000 and a maximum raise of $750,000, and the proceeds will be used to continue and expand operations. Node40 is led by an experienced team and aims to address an enormous market of taxpayers owning or trading cryptocurrencies.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$10,529 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-1,253,717 |
$-226,972 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$60,958 |
$19,060 |
|
Accounts Receivable |
$-16,824 |
$2,236 |
|
Total Assets |
$104,457 |
$89,575 |
|
Short-Term Debt |
$43,773 |
$65,524 |
|
Long-Term Debt |
$500,000 |
$0 |
|
Total Liabilities |
$543,773 |
$65,524 |
Log in or create a free account today to gain access to KingsCrowd analytics.
Upgrade to Gain Access
Pay Monthly
Annually (Save 17%)
-
$25 /month
billed annually - Unlimited analyst reports. Does not include ratings.
- Plan Includes:
- Everything in Starter, plus
- Filter on Staff Picks (e.g. Top Deal, Deal to Watch, etc.)
- Full access to Analyst Reports
- Market Analytics
- Ratings
- Get Pro Annual
Pro
-
$41.67 /month
billed annually - Unlimited analyst reports and full access to Merlin ratings.
- Plan Includes:
- Everything in Pro, plus
- Search and filter companies by Merlin ratings
- Company specific Merlin rating and risk assessment
- Ratings
- Get Merlin Annual
Merlin
Already a member? Log in here.
Other Deals
Hidden Company on Platform
Analyst reports are restricted for only Pro and Merlin members. Please upgrade for access.
Hidden Company on Platform
Analyst reports are restricted for only Pro and Merlin members. Please upgrade for access.
Hidden Company on Platform
Analyst reports are restricted for only Pro and Merlin members. Please upgrade for access.