Blue Gold Works

Blue Gold Works

Early Stage

Blue Gold Works is a Safe Water Enterprise that delivers impact at scale

Blue Gold Works is a Safe Water Enterprise that delivers impact at scale

Overview

Raised this Round: Raised: $86,555

Total Commitments ($USD)

Platform

Wefunder

Start Date

03/09/2021

Close Date

08/27/2021

Min. Goal
$50,000
Max. Goal
$1,000,000
Min. Investment

$100

Security Type

Convertible Note

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$5,000,000

Discount

20%

Year Founded

2017

Industry

Energy, Power, & Natural Resources

Tech Sector

Cleantech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

High

Location

Fairfax, California

Business Type

Growth

Blue Gold Works, with a $5 million valuation cap, is raising funds on Wefunder. It is a safe water enterprise that develops earth-friendly and affordable water treatment plants to serve urban neighborhoods. The treatment plants employ local people generating employment for them. Lynn Langford, Alex Omijeh, and Jake Liebenberg founded Blue Gold Works in 2017. The proceeds of the current crowdfunding round, with a minimum raise of $50,000 and a maximum raise of $1,000,000, will be used towards securing partnership agreements, setting up and operating more WaterWorks, and supporting farmers in Ghana, Nigeria, South Africa, Sierra Leone, and Zimbabwe. Blue Gold Works is one of the rare businesses that generate revenue and create a big social impact.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$800

$2,041

 

 

Net Income

$-5,442

$-35,525

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$4,842

$14,263

Accounts Receivable

$0

$0

Total Assets

$4,842

$14,263

Short-Term Debt

$0

$0

Long-Term Debt

$113,000

$68,000

Total Liabilities

$113,000

$68,000

Financials as of: 03/09/2021
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Blue Gold Works on Wefunder
Platform: Wefunder
Security Type: Convertible Note
Valuation: $5,000,000

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