San Giovanni

Early Stage

Iconic commercial fishing vessel delivering fresh seafood in Monterey since 1959.

Analytics

Raised to Date: Raised: $53,828

Aggregate Commitments $

Platform

Wefunder

Start Date

11/19/2018

Close Date

04/19/2019

Min. Goal

$51,000

Max. Goal

$107,000

Min. Investment

$100

Security Type

Debt

Funding Type

RegCF

Rolling Commitments $

Status
Funded
Reporting Date

04/30/2019

Days Remaining
Funded
% of Min. Goal

106%

% of Max. Goal

50%

Likelihood of Max
Funded
Avg. Daily Raise

$356

# of Investors

60

Momentum
Funded
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Location

Monterey, California

Industry

Farming & Agriculture

Tech Sector

San Giovanni is an iconic commercial fishing vessel. Third-generation and family-run, it’s been delivering fresh seafood in Monterey since 1959, and with this campaign, they’re raising funds to refurbish the all-wooden boat to start fishing once again. San Giovanni is capable of $20,000 worth of fish in a three-day trip, and it’s one of only 120 boats in the Certified Sustainable West Coast Groundfish Trawl Fishery. Plus, they have the permits needed to operate the boat year-round, without seasonal restrictions. Projected revenue is $400,000-750,000 annually, with $240,000 in expenses.
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San Giovanni on Wefunder
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Platform: Wefunder
Security Type: Debt

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