Aerobloom

Aerobloom

Closed: Oct. 2022

About this raise: Aerobloom, with a valuation of $16.11 million, is raising funds on Equifund CFP. It is an agriculture technology company that has developed a proprietary aeroponics cultivation technology to enable high-yield indoor growing. The technology and methodology of Aerobloom help increase the yield of indoor plants with minimal water, soil, chemical, and fertilizer requirements. As a result, the indoor growers get a scalable system for producing in-demand cash crops at market-competitive prices. Dale Devore founded Aerobloom in October 2018. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $5,000,000. The campaign proceeds will be used for advertising and marketing, accounting expenses, and general working capital.

Expand

Investment Overview

Invested this round: $5,000,000

Deal Terms

Total Commitments ($USD)

Platform
Equifund
Start Date
08/25/2022
Close Date
10/04/2022
Min. Goal
$25,000
Max. Goal
$5,000,000
Min. Investment

$500

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$0.37

Pre-Money Valuation

$16,110,000

Company & Team

Company

Year Founded
2018
Industry
Farming & Agriculture
Tech Sector
AgriTech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
Low
Location
Long Beach, California
Business Type
Growth
Company Website
Visit Website

Team

Employees
5
Prior Founder Exits?
No
Founder Name
Dale Devore
Title
Chief Innovation Officer

Financials

 Revenue
$0
 Cash on Hand
$108,301

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$108,301

$1,268

Accounts Receivable

$59,523

$10,000

Total Assets

$1,609,445

$1,275,567

Short-Term Debt

$0

$0

Long-Term Debt

$59,523

$10,000

Total Liabilities

$59,523

$10,000

Create a free account today to gain access to Kingscrowd analytics and financials.

Upgrade to gain access

Pay Monthly
Annually (2 months free)

Edge

$12.50 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific Kingscrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Ratings Kingscrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars

Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
10/04/2022 Equifund $16,110,000 $5,000,000 Equity - Common Funded RegCF
Create a free account today to gain access to Kingscrowd analytics.
Founders: enhance your startup's credibility on Kingscrowd. Create an account to claim this raise page.
Add to portfolio
Aerobloom on Equifund CFP 2022
Platform: Equifund
Security Type: Equity - Common
Valuation: $16,110,000
Price per Share: $0.37

Follow company

Follow Aerobloom on Equifund CFP 2022

Buy Aerobloom's Deal Report

Warning: according to the close date for this deal, Aerobloom may no longer be accepting investments.

Aerobloom Deal Report

Get Kingscrowd's comprehensive report on Aerobloom including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Aerobloom is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Aerobloom deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge