Grazr
Early Stage
Grazr makes buying locally raised meat easy and affordable
Overview
Raised: $83,625
Total Commitments ($USD)
Platform
Wefunder
Start Date
02/18/2021
Close Date
04/30/2022
Min. Goal
$50,001
Max. Goal
$250,000
Min. Investment
$100
Security Type
Equity - Preferred
Series
Seed
SEC Filing Type
RegCF
Price Per Share
$0.31
Pre-Money Valuation
$2,480,000
Rolling Commitments ($USD)
Status
Funded
Reporting Date
05/01/2022
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$192
# of Investors
105
Momentum
Funded
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Year Founded
2019
Industry
Food, Beverage, & Restaurants
Tech Sector
MarketplaceTech
Distribution Model
B2B
Margin
Low
Capital Intensity
Low
Grazr, with a pre-money valuation of $2.48 million, is raising funds on Wefunder. It is a marketplace platform that sells locally-raised meat and works as a farm-to-table provider. The platform serves farmers, processors, and consumers and streamlines meat acquisition from farmers, processing, and delivering it straight to the customers. Thomas Cunningham and Anthony Laney founded Grazr in 2019. The proceeds of the current crowdfunding round, with a minimum raise of $50,001 and a maximum raise of $250,000, will be used for sales and marketing, platform development, and overhead costs. Grazr aims at hyperlocal food sourcing and helps lower the environmental impact of meat.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-6,816 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$13,184 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$13,184 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$10,000 |
$0 |
|
Total Liabilities |
$10,000 |
$0 |
Financials as of: 02/18/2021
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