Downland

Downland

Early Stage

The accelerator for regenerative farmers & ranchers

The accelerator for regenerative farmers & ranchers

Overview

Raised to Date: Raised: $0

Total Commitments ($USD)

Platform

Wefunder

Start Date

03/26/2024

Close Date

07/26/2024

Min. Goal
$50,000
Max. Goal
$2,000,000
Min. Investment

$100

Security Type

SAFE

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$4,500,000

Valuation Cap

$5,000,000

Discount

10%

Rolling Commitments ($USD)

Status

Active

Reporting Date

04/27/2024

Days Remaining

89

% of Min. Goal

0%

% of Max. Goal

0%

Likelihood of Max
unlikely
Avg. Daily Raise

$0

Momentum
cold.svg
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Year Founded

2022

Industry

Farming & Agriculture

Tech Sector

Non-Tech

Distribution Model

B2B

Margin

Medium

Capital Intensity

Low

Location

Austin, Texas

Business Type

Growth

Downland, with a valuation of $5 million, is raising funds on Wefunder. It is an accelerator that gives new farmers and ranchers a head start. Downland trains farmers and ranchers, matches them with land for their operation, and earns income through a revenue share model. The business has signed letters of intent from twelve landowners, has over 200 ranching residency applicants on the waitlist, and generated $61,000 in farm product pre-sales. Jessi Roesch founded Downland in January 2022. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $2 million. The campaign proceeds will be used for personnel, product development, marketing, and operations.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$46,855

$932

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$8,661

$-10,079

Summary Balance Sheet

FY 2023 FY 2022

Cash

$370

$13,974

Accounts Receivable

$0

$0

Total Assets

$45,173

$22,543

Short-Term Debt

$26,044

$12,212

Long-Term Debt

$16,957

$18,759

Total Liabilities

$43,001

$30,971

Financials as of: 03/26/2024
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Downland on Wefunder 2024
Platform: Wefunder
Security Type: SAFE
Valuation: $5,000,000

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