Agria

Agria

Closed: Jun. 2023

About this raise

Agria, with a valuation of $10.03 million, is raising funds on NetCapital. It is an AgTech company that enables indoor production of nutrient-dense and flavor-packed produce. The company also provides Farming-as-a-Service with a simple license and supply agreement for customers to get sustainable and profitable indoor farms in the market. Agria aims to reduce the problems faced by farmers and indoor growers by reducing costs and mitigating production risks. William Layton founded Agria in April 2020. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1 million. The campaign proceeds will be used for salaries, commercial production, marketing, research and development, and patents.

Expand

Investment Overview

Not Funded: $0

Deal Terms

Total Commitments

Platform
Netcapital
Start Date
02/14/2023
Close Date
06/29/2023
Min. Goal
$10,000
Max Goal
$1,000,000
Min. Investment

$100

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$10.00

Pre-Money Valuation

$10,033,330

Company & Team

Company

Year Founded
2020
Industry
Farming & Agriculture
Tech Sector
AgriTech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
High
Location
Lynchburg, Virginia
Business Type
Growth
Company Website
Visit Website

Team

Employees
2
Prior Founder Exits?
No
Founder Name
William Layton
Title
CEO

Funding data not publicly available

Financials

as of Fiscal Year 2021
 Revenue
$307,864
 Monthly Burn
$13,788
 Runway
3.1 months
Gross Margin
23%

Summary Profit and Loss Statement

FY 2021 FY 2020

Revenue

$307,864

$0

COGS

$235,775

$0

Tax

$0

$0

 

 

Net Income

$-165,452

$-156,209

Summary Balance Sheet

FY 2021 FY 2020

Cash

$42,627

$207,241

Accounts Receivable

$0

$0

Total Assets

$437,695

$474,650

Short-Term Debt

$0

$0

Long-Term Debt

$112,985

$0

Total Liabilities

$112,985

$0

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
$500,000
Grants
$100,000
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
06/29/2023 Netcapital $10,033,330 $0 Equity - Common Not 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
Agria on NetCapital 2023
Platform: Netcapital
Security Type: Equity - Common
Valuation: $10,033,330
Price per Share: $10.00

Follow company

Follow Agria on NetCapital 2023

Buy Agria's Deal Report

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

Agria Deal Report

Get Kingscrowd's comprehensive report on Agria including:

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

Buy the Agria deal report for only $10!

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