sZipps Inc. (DBA p!ng)
Regulation Crowdfunding offering on Wefunder · Form C filed February 24, 2026 · N. Billerica, Massachusetts
sZipps Inc. (DBA p!ng) designs and operates fully autonomous robotic drive-through coffee pods that take mobile app orders for specialty beverages. It is an early-revenue Delaware corporation incorporated in July 2023, with 2025 revenue of $707, and is offering SAFEs with a $50,000 target and a $1,235,000 maximum.
Profile details below were extracted automatically from the issuer's filing documents. Figures in the financial table come directly from the SEC's structured Form C data.
Offering terms
- Security
- Simple Agreement for Future Equity (SAFE)
- Maximum
- $1,235,000.00
- Price
- $1.00 per unit
- Pricing method
- Pro-rated portion of the total principal value of $50,000; interests will be sold in increments of $1; each $1 invested purchases $1 of SAFE purchase amount; conversion into shares (if any) will be determined per the SAFE terms as described under Item 13.
- Deadline
- April 30, 2027
- Oversubscriptions
- Accepted
- Intermediary
- Wefunder Portal LLC
Funding portal, SEC file 007-00033 - Intermediary fee
- <p>5.9% 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.</p>
- Intermediary equity
- No
- Co-issuer
- P!ng I, a series of Wefunder SPV, LLC
P!ng I EB, a series of Wefunder SPV, LLC
Financials as filed
| Item | Most recent FY | Prior FY |
|---|---|---|
| Revenue | $707 | $3,739 |
| Cost of goods sold | $6,041 | $5,079 |
| Net income (loss) | -$114,764 | -$205,796 |
| Total assets | $344,772 | $201,572 |
| Cash and equivalents | $34,140 | $172,265 |
| Accounts receivable | $0 | $0 |
| Short-term debt | $239,084 | $183,980 |
| Long-term debt | $426,248 | $223,388 |
| Taxes paid | $0 | $0 |
Two fiscal years as reported on the Form C cover sheet. 2 employees. Offered in 56 states.
Use of proceeds
At the $50,000 target: 94.1% engineering development and 5.9% Wefunder fee. At the $1,235,000 maximum: 77.5% engineering development, 12.1% salaries, 4.5% G&A and 5.9% Wefunder fee, for hiring, pod design, production design and scaling infrastructure.
Valuation
SAFE with a post-money valuation cap stated as $16,000,000 for the first $445,000 raised and $19,000,000 thereafter (Form C Item 13); the SAFE form in the exhibits states $16,000,000 and the Ping I terms appendix states $19,000,000. Discount rate 100% (no discount). Price is $1.00 per $1.00 of purchase amount, set arbitrarily by the company per Item 21. Wefunder VIP investors receive early-bird terms and a discount for the offering duration.
Prior raises
Not stated
Financial statements
Financial statements for 2025 and 2024 are unaudited and were reviewed (not audited) by an independent accountant, with a review report dated February 5, 2026 that includes a going-concern paragraph.