Bloomcatch

Early Stage

Bloomcatch puts your own personal plant expert right in your pocket.

Analytics

Raised to Date: Raised: $58,775

Aggregate Commitments $

Platform

Wefunder

Start Date

04/20/2022

Close Date

04/30/2023

Min. Goal

$50,000

Max. Goal

$250,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Series

Pre-Seed

Valuation Cap

$3,000,000

Discount Rate

25%

Rolling Commitments $

Status

Active

Reporting Date

05/26/2022

Days Remaining

339

% of Min. Goal

118%

% of Max. Goal

24%

Likelihood of Max
extremely
Avg. Daily Raise

$1,633

Momentum
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Location

Centreville, Virginia

Industry

Consumer Products, Goods & Services

Tech Sector

Retailtech

Distribution Model

B2B

Margin

Medium

Capital Intensity

Low

Business Type

Growth

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: 04/20/2022
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Bloomcatch on Wefunder 2022
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Platform: Wefunder
Security Type: SAFE
Valuation: $3,000,000

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