Raise Green

Early Stage
Climate Investing for Everyone
Overview
Raised: $70,171
Rolling Commitments ($USD)
Status
Active
Reporting Date
03/23/2023
Days Remaining
38
% of Min. Goal
70%
% of Max. Goal
14%
Likelihood of Max
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
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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