Bloom Stack

Bloom Stack

Early Stage

Replace multiple SaaS software with Bloomstack™ starting at $500/mo

Replace multiple SaaS software with Bloomstack™ starting at $500/mo

Overview

Raised this Round: Raised: $0

Total Commitments ($USD)

Platform

Wefunder

Start Date

02/15/2022

Close Date

04/30/2022

Min. Goal
$50,000
Max. Goal
$125,000
Min. Investment

$100

Security Type

Convertible Note

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$8,500,000

Discount

20%

Year Founded

2018

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

EnterpriseTech

Distribution Model

B2B

Margin

High

Capital Intensity

Low

Location

Scotts Valley, California

Business Type

Growth

Bloom Stack, with a valuation of $8.5 million, is raising funds on Wefunder. The company has developed a seamless operational integration for companies in the business of legal cannabis, hemp, and CBD. The system takes all the platforms and systems these operators are using and migrates the complete data into a single and integrated platform. Bloom Stack reported a five times revenue growth from 2019 to 2020 and currently has over $590,000 in ARR. Eric Delisle and Matthew Michaels founded Bloom Stack in 2018. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $125,000. The campaign proceeds will be used for operations, marketing, administrative and legal expenses, and adding additional security and usability features.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$379,732

$54,989

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-561,479

$-486,960

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$5,232

$11,504

Accounts Receivable

$91,558

$600

Total Assets

$140,069

$12,104

Short-Term Debt

$384,445

$100,000

Long-Term Debt

$0

$0

Total Liabilities

$384,445

$100,000

Financials as of: 02/15/2022
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Bloom Stack 04/29/2022 Wefunder $8,500,000 $0 Convertible Note Not Funded RegCF
Bloom Stack 09/21/2021 Wefunder $9,500,000 $409,597 Convertible Note Funded RegCF
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Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

Funding data not publicly available

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Bloom Stack on Wefunder 2022
Platform: Wefunder
Security Type: Convertible Note
Valuation: $8,500,000

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