This company is no longer in business. Investors can get details about any potential exits or failures here.

Future Acres

Future Acres

Early Stage

Autonomous farm tools of tomorrow


Raised to Date: Raised: $67,801

Total Commitments ($USD)


Dalmore Group

Start Date


Close Date

Not Provided

Min. Goal
Max. Goal
Min. Investment


Security Type

Equity - Common



SEC Filing Type

RegA+    Open SEC Filing

Price Per Share


Pre-Money Valuation


Rolling Commitments ($USD)

Reporting Date


% of Min. Goal
% of Max. Goal
Likelihood of Max
Avg. Daily Raise


# of Investors


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Year Founded



Farming & Agriculture

Tech Sector


Distribution Model




Capital Intensity



Santa Monica, California

Business Type


Future Acres is raising funds through Reg A+ crowdfunding with Dalmore Group as the Broker Dealer. The company is developing an autonomous farm tool called Carry. Carry finds rows, goes to pickers, waits for the crop to be loaded, and transports the load from the rows to their destination. The aim of Future Acres is to build autonomous robotic solutions to automate the production of specialty crops. Suma Reddy founded Future Acres in 2017. The current crowdfunding campaign has a maximum target of $5,000,000. The campaign proceeds will be used for product development, personnel, and general overhead.

Balance Sheet

Cash and Cash Equivalents


Total Assets


Accounts Payable & Accrued Liabilities


Long Term Debt


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Total Stockholders' Equity


Total Liabilities and Equity


Statement of Comprehensive Income Information

Net Income


Earnings Per Share - Basic


Earnings Per Share - Diluted


Auditor: Artesian CPA
Financials as of: 06/07/2022
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Future Acres 05/04/2023 Dalmore Group $9,861,993 $67,801 Equity - Common Funded RegA+
Future Acres 10/09/2021 SeedInvest $7,000,000 $1,518,618 Equity - Preferred Funded RegA+
Future Acres 04/20/2021 SeedInvest $7,000,000 $341,333 Equity - Preferred Funded Test the Waters
Hitch Robotics 02/16/2020 SeedInvest $10,000,000 $0 Convertible Note Not Funded RegCF / RegD 506(c)
Hitch 11/24/2019 SeedInvest $10,000,000 $206,000 Convertible Note Not Funded RegCF / RegD 506(c)
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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Future Acres on Dalmore Group 2022
Platform: Dalmore Group
Security Type: Equity - Common
Valuation: $9,861,993
Price per Share: $1.87

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Follow Future Acres on Dalmore Group 2022

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