Bloomcatch
Early Stage
Bloomcatch puts your own personal plant expert right in your pocket.
Overview
Raised: $18,300
Total Commitments ($USD)
Platform
Wefunder
Start Date
04/19/2022
Close Date
04/30/2023
Min. Goal
$50,000
Max. Goal
$250,000
Min. Investment
$100
Security Type
SAFE
Series
Pre-Seed
SEC Filing Type
RegCF
Valuation Cap
$3,000,000
Discount
25%
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
04/30/2023
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$49
# of Investors
67
Momentum
Not Funded
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Year Founded
2016
Industry
Consumer Products, Goods & Services
Tech Sector
Retailtech
Distribution Model
B2B
Margin
Medium
Capital Intensity
Low
Bloomcatch, with a valuation of $3 million, is raising funds on Wefunder. It is a one-stop-shop for plant parents that provides them with e-commerce, plant care, and identification in a single platform. The app connects plant sellers to buyers using API, helps in plant identification using AI, and shares plant care instructions and guidance from plant experts. Bloomcatch is led by an experienced team and is used all over the US. Raymond Magee founded Bloomcatch in May 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 marketing, software development, and employee salaries.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$50 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-55,515 |
$-103,725 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$980 |
$99 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$1,730 |
$849 |
|
Short-Term Debt |
$41,341 |
$41,341 |
|
Long-Term Debt |
$96,665 |
$44,915 |
|
Total Liabilities |
$138,006 |
$86,256 |
Financials as of: 04/19/2022
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