Empire State Greenhouses
Early Stage
ESG has reinvented agriculture to feed a hungry planet and combat climate change
Overview
Raised: $0
Total Commitments ($USD)
Platform
Wefunder
Start Date
04/19/2021
Close Date
09/16/2021
Min. Goal
$100,035
Max. Goal
$1,070,000
Min. Investment
$100
Security Type
Equity - Common
Series
Pre-Seed
Funding Type
RegCF
Price Per Share
$50.00
Pre-Money Valuation
$25,000,000
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
09/29/2021
Days Remaining
Not Funded
% of Min. Goal
0%
% of Max. Goal
0%
Likelihood of Max
Not Funded
Avg. Daily Raise
$0
Momentum
Not Funded
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Location
New York, New York
Industry
Energy, Power, & Natural Resources
Tech Sector
AgriTech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
High
Empire State Greenhouses, with a $25 million valuation cap, is raising crowdfunding on Wefunder. The company aims to build the future of agriculture with its commercial and utility-scale renewable energy efficiency projects. Louis Ferro founded Empire State Greenhouses in 2017. The proceeds of the current crowdfunding round, with a minimum goal of $100,035 and a maximum goal of $1,070,000, will be used towards environmental study, design and engineering, equipment deposits, and legal fees. Empire State Greenhouses has designed its system to combine renewable energy and vertical ag to solve problems related to food security and climate change.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-32,524 |
$-71,487 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$1,687 |
$163 |
|
Accounts Receivable |
$50,000 |
$0 |
|
Total Assets |
$51,687 |
$3,563 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$30,648 |
$0 |
|
Total Liabilities |
$30,648 |
$0 |
Financials as of: 04/19/2021
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