Offering statement: Loop Ledger
SEC file number (demo): 020-91974 · Last updated November 14, 2026
1. The company
- Legal name
- Loop Ledger, Inc.
- Type of company
- C corporation, incorporated in DE
- Founded
- 2020
- Location
- Austin, TX
- Employees
- 14
- Industry
- Software
- Website
- https://loopledger.example.com
2. Officers and directors
- Daniel Okafor, Co-founder and CEO. Owned and ran two restaurants in Houston for eight years.
- Hannah Cho, Co-founder and CTO. Built payment systems at a large card processor.
- Luis Ortega, Head of growth. Grew a restaurant software company from 200 to 4,000 customers.
3. The offering
- Security
- SAFE (simple agreement for future equity)
- Valuation cap
- $12M
- Discount
- 20%
- Minimum investment
- $250
- Funding target
- $250,000
- Maximum
- $1,235,000
- Offered under
- Regulation Crowdfunding (Reg CF)
- Deadline
- December 25, 2026
Investments are accepted first come, first served until the maximum is reached. The company may close early once the target is met, if the round has been open at least 21 days and investors get 5 business days’ notice.
4. Use of proceeds
5. Financial condition
- Revenue, last fiscal year
- $640,000
- Revenue, year before
- $212,000
- Net income (loss), last fiscal year
- −$420,000
- Cash on hand
- $510,000
- Total debt
- $0
- Raised before this round
- $1,100,000
A pre-seed SAFE round from angel investors in 2022, including two restaurant group owners.
Financial statements required for a round this size: Financial statements reviewed by an independent accountant (audited if the company has raised under Reg CF before).
6. Risk factors
Speculative investment. Investing in a private company is speculative, and you could lose your entire investment.
Limited transfer. Securities sold under Regulation Crowdfunding generally can’t be resold for one year, and there may never be a market for them.
Dilution. Future funding rounds may shrink your percentage of the company.
Little control. Investors in this round have little or no say in how the company is run.
Key people. The company depends on a small team. Losing key people could hurt the business.
Risks specific to Loop Ledger
We are not profitable yet and lost $420,000 last year. Without this round, our cash lasts about 14 months at our current spending. Larger software companies could build similar features. A SAFE doesn’t give you shares until a future priced round or a sale, which may never happen.
7. Intermediary and fees
This round is listed on Go Fund Yourself Invest. The company pays 7.5% of the money raised if the round closes. Investors pay a 2% transaction fee, up to $20. In a live deployment, the intermediary must be an SEC-registered funding portal or broker-dealer and a member of FINRA.
8. Ongoing reports
After the round closes, the company will post an annual report on its Go Fund Yourself page within 120 days after the end of each fiscal year.