Raise Green

Early Stage

Climate Investing for Everyone

Overview

Raised to Date: Raised: $70,171

Total Commitments ($USD)

Platform

Wefunder

Start Date

02/09/2023

Close Date

04/30/2023

Min. Goal

$100,000

Max. Goal

$500,000

Min. Investment

$100

Security Type

SAFE

Series

Series A

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$8,000,000

Valuation Cap

$8,000,000

Discount

10%

Rolling Commitments ($USD)

Status

Active

Reporting Date

03/23/2023

Days Remaining

38

% of Min. Goal

70%

% of Max. Goal

14%

Likelihood of Max
unlikely
Avg. Daily Raise

$1,671

Momentum
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Year Founded

2018

Industry

Financial & Insurance Products & Services

Tech Sector

Fintech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

Low

Location

Somerville, Massachusetts

Business Type

Growth

Raise Green, with a valuation of $8 million, is raising funds on Wefunder. It is an equity crowdfunding platform that makes climate investing available for everyone. Additionally, the platform is also financing the next generation of climate innovators. Raise Green reported a two-times year-over-year growth in revenue from 2021 to 2022, 4.2 times year-over-year growth in investors from 2021 to 2022, and more than five times growth in the project pipeline over the past six months. Franz Hochstrasser and Jackie Logan founded Raise Green in March 2018. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $500,000. The campaign proceeds will be used for marketing, technology development, strategic hiring, and administrative expenses.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$263,830

$13,550

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-927,304

$-506,554

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$209,396

$5,195

Accounts Receivable

$0

$0

Total Assets

$241,498

$6,461

Short-Term Debt

$937,387

$140,046

Long-Term Debt

$740,000

$375,000

Total Liabilities

$1,677,387

$515,046

Financials as of: 02/09/2023
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Raise Green on Wefunder 2023
Platform: Wefunder
Security Type: SAFE
Valuation: $8,000,000

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