MF Fire
About this raise: MF Fire, with a valuation of $7 million, is raising funds on SeedInvest. The company makes smart wood burning technology products that help in transforming wood energy into clean energy. MF Fire’s smart wood stove is 90% efficient, much cleaner than traditional wood stoves, and provides 50% cost savings on fuel costs. The company’s technology is based on extensive research and data analysis and has experienced substantial revenue growth. Paul LaPorte, Ryan Fisher, and Dr Taylor Myers founded MF Fire in April 2014. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $200,000. The campaign proceeds will be used for salaries, product development, marketing and sales, and general and administrative expenses.
Investment Overview
Invested : $171,800
Deal Terms
- Platform
- SeedInvest
- Start Date
- 05/16/2016
- Close Date
- 08/16/2016
$100,000
$200,000
$500
Convertible Note
RegCF
$7,000,000
15%
Company & Team
Company
- Year Founded
- 2014
- Industry
- Energy, Power, & Natural Resources
- Tech Sector
- Location
- Baltimore, Maryland
- Company Website
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Team
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Company Funding & Growth
Funding history
Growth Charts
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.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.