Seedsheet

Seedsheet

Growth Stage

We make gardening ridiculously easy

We make gardening ridiculously easy

Overview

Raised to Date: Raised: $724,539

Total Commitments ($USD)

Platform

Wefunder

Start Date

09/11/2022

Close Date

04/21/2025

Min. Goal
$100,000
Max. Goal
$5,000,000
Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$10,000,000

Valuation Cap

$15,000,000

Discount

0%

Rolling Commitments ($USD)

Status

Active

Reporting Date

05/22/2024

Days Remaining

333

% of Min. Goal

725%

% of Max. Goal

14%

Likelihood of Max
unlikely
Avg. Daily Raise

$1,171

# of Investors

1,314

Momentum
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Year Founded

2014

Industry

Farming & Agriculture

Tech Sector

AgriTech

Distribution Model

B2C

Margin

High

Capital Intensity

Low

Location

Middlebury, Vermont

Business Type

Growth

Seedsheet, with a valuation of $15 million, is raising funds on Wefunder. The company aims to empower people to grow their own food and convert their backyard into their own supermarket. Seedsheet allows people to design their own garden or choose curated kits from over 80 organic plants. The Seedsheet can be placed on top of the soil and watered to grow healthy and organic plants without the need for planting and weed-blocking. Seedsheet has generated lifetime revenue of $5 million, with $2 million in last year alone. Cameron MacKugler founded Seedsheet in November 2014. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $5 million. The campaign proceeds will be used for talent and hiring, digital e-commerce marketing, inventory, community building, and R&D.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$1,294,745

$2,182,146

COGS

$487,124

$911,603

Tax

$0

$0

 

 

Net Income

$-434,526

$-680,541

Summary Balance Sheet

FY 2023 FY 2022

Cash

$39,344

$120,051

Accounts Receivable

$0

$0

Total Assets

$830,473

$616,764

Short-Term Debt

$653,315

$535,548

Long-Term Debt

$0

$0

Total Liabilities

$653,315

$535,548

Financials as of: 09/11/2022
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Seedsheet on Wefunder 2022
Platform: Wefunder
Security Type: SAFE
Valuation: $15,000,000

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