Big Wheelbarrow
About this raise
Big Wheelbarrow, with a valuation of $10 million, is raising funds on Wefunder. The company has developed supply chain software for the grocers to buy from local farms. The solution is automating the manual business processes and enabling direct store delivery for producers, wholesalers, and retailers. Big Wheelbarrow has already conducted local food transactions worth $6.7 million and has a strong pipeline for 2022. Sam Eder founded Big Wheelbarrow in September 2016. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $250,000. The campaign proceeds will be used for sales and marketing, product development, hiring a product manager, and setting up an office in Buffalo.
Investment Overview
Invested : $82,149
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 04/08/2022
- Close Date
- 08/19/2022
$50,000
$250,000
$100
Convertible Note
Early Stage
RegCF
$10,000,000
20%
Company & Team
Company
- Year Founded
- 2016
- Industry
- Logistics, Delivery, & Supply Chain
- Tech Sector
- Distribution Model
- B2B
- Margin
- High
- Capital Intensity
- Low
Financials
- Revenue -21.4% YoY
- $79,116
- Monthly Burn
- $1,044
-
Runway
- 17.5 months
- Gross Margin
- 94%
Upgrade to gain access
-
$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
Edge
Ratings 
Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $660,000
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 08/19/2022 | Wefunder | $10,000,000 | $82,149 | Convertible Note | Funded | RegCF |