Grazr

Grazr

Closed: Apr. 2022

About this raise

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.

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Investment Overview

Invested this round: $83,625

Deal Terms

Total Commitments

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    Open SEC Filing

Price Per Share

$0.31

Pre-Money Valuation

$2,480,000

Company & Team

Company

Year Founded
2019
Industry
Food, Beverage, & Restaurants
Tech Sector
MarketplaceTech
Distribution Model
B2B
Margin
Low
Capital Intensity
Low
Location
Columbia, Tennessee
Business Type
Growth
Company Website
Visit Website

Team

Employees
2
Prior Founder Exits?
No
Founder Name
Tom Cunningham
Title
CEO
Founder Name
Anthony Laney
Title
CTO

Financials

 Revenue
$0
 Monthly Burn
$568
 Runway
23.2 months

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

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/30/2022 Wefunder $2,480,000 $83,625 Equity - Preferred Funded RegCF
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Add to portfolio
Grazr on Wefunder
Platform: Wefunder
Security Type: Equity - Preferred
Valuation: $2,480,000
Price per Share: $0.31

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