Greenwater Marine Sciences Offshore

Greenwater Marine Sciences Offshore

Closed: Aug. 2022

About this raise

Greenwater Marine Sciences Offshore, with a valuation of $10 million, is raising funds on Wefunder. The company provides flexible, adaptable, and affordable oceanographic research vessels to the science community. The vessels of Greenwater Marine Sciences Offshore are priced low in order to meet the needs of small-budgeted scientists to do research at sea. The company is led by an experienced team and aims to have a meaningful impact on climate studies and ocean sciences. G Mark Miller founded Greenwater Marine Sciences Offshore in June 2021. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $1,000,000. The campaign proceeds will be used for marketing, vessel loan down payments, paying shore-side positions, and increasing part-time employee hours.

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Investment Overview

Invested this round: $239,450

Deal Terms

Total Commitments

Platform
Wefunder
Start Date
04/06/2022
Close Date
08/17/2022
Min. Goal
$100,000
Max Goal
$1,000,000
Min. Investment

$100

Security Type

SAFE

Company Stage

Early Stage

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$10,000,000

Discount

20%

Company & Team

Company

Year Founded
2021
Industry
Transportation, Automotive, Aviation, & Aerospace
Tech Sector
Hardwaretech
Distribution Model
B2B
Margin
Medium
Capital Intensity
High
Location
Arlington, Virginia
Business Type
Growth
Company Website
Visit Website

Team

Employees
6
Prior Founder Exits?
No
Founder Name
George Mark Miller
Title
CEO

Financials

 Revenue
$0
 Monthly Burn
$3,480
 Runway
6.3 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-41,765

$-9,508

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$21,822

$13,642

Accounts Receivable

$0

$425

Total Assets

$23,822

$14,067

Short-Term Debt

$1,154

$0

Long-Term Debt

$0

$0

Total Liabilities

$1,154

$0

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$50,000
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
08/17/2022 Wefunder $10,000,000 $239,450 SAFE Funded RegCF
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Add to portfolio
Greenwater Marine Sciences Offshore on Wefunder 2022
Platform: Wefunder
Security Type: SAFE
Valuation: $10,000,000

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Warning: according to the close date for this deal, Greenwater Marine Sciences Offshore may no longer be accepting investments.

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