Fog & Tree
About this raise
Fog & Tree, with a valuation cap of $2.5 million, is raising funds on MicroVentures. The company makes personal products infused with cannabis oils and cannabinoids. The products are natural, with a versatile fragrance that has several olfactory benefits. The product line of Fog & Tree includes Eau de Parfum, CBD Beard Conditioner, and Hair Mask Treatment. Fog & Tree was founded by Elizabeth Kost and Jason Foraker in 2018 and has raised over $200,000 in previous rounds of financing. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $250,000. The funds will be used for general marketing, manufacturing, sampling program, and future wages. Fog & Tree has run two successful promos with Touch of Modern and has signed retail agreements with many brick-and-mortar businesses.
Investment Overview
Not Funded: $8,250
Deal Terms
Total Commitments
- Platform
- Microventures
- Start Date
- 07/08/2020
- Close Date
- 02/21/2021
$50,000
$250,000
$250
Convertible Note
Early Stage
RegCF
$2,500,000
20%
Company & Team
Company
- Year Founded
- 2019
- Industry
- Beauty & Personal Care
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- High
- Capital Intensity
- Low
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 02/21/2021 | Microventures | $2,500,000 | $8,250 | Convertible Note | Not Funded | RegCF |