FloraScentials
About this raise
FloraScentials, with a $3 million valuation cap, is raising funds on Wefunder. The company is developing innovative products to add fragrance to non-fragrant cut flowers by altering the plant diet. It is in talks with a major fragrance company for the supply of fragrant essential oils and is in the process of identifying natural and safe ingredients. Randy Weiss founded FloraScentials in 2018. The proceeds of the current crowdfunding round, with a minimum goal of $50,000 and a maximum goal of $250,000, will be used towards hiring a part-time formulation chemist, research and development, market research, intellectual property and fees, and office expenses. FloraScentials has a partnership with Smithers-Oasis, a global provider of floral products.
Investment Overview
Not Funded: $0
Deal Terms
Company & Team
Company
- Year Founded
- 2018
- Industry
- Consumer Products, Goods & Services
- Tech Sector
- Distribution Model
- B2B
- Margin
- Medium
- Capital Intensity
- High
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Funding history
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
04/08/2021 | Wefunder | $3,000,000 | $0 | Convertible Note | Not Funded | RegCF |