Seedsheet

Growth Stage

We make gardening ridiculously easy

Analytics

Raised to Date:
$146,488 - RegCF
$706,468 - Total

Aggregate Commitments $

Platform

Wefunder

Start Date

09/12/2022

Close Date

04/30/2023

Min. Goal

$100,000

Max. Goal

$5,000,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF / RegD 506(c)

Series

Seed

Valuation Cap

$15,000,000

Discount Rate

0%

Rolling Commitments $

Status

Active

Reporting Date

10/02/2022

Days Remaining

210

% of Min. Goal

146%

% of Max. Goal

3%

Likelihood of Max
unlikely
Avg. Daily Raise

$7,324

Momentum
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Location

Middlebury, Vermont

Industry

Farming & Agriculture

Tech Sector

AgriTech

Distribution Model

B2C

Margin

High

Capital Intensity

Low

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

Most Recent Year Prior Year

Revenue

$2,187,316

$1,629,376

COGS

$1,029,295

$863,459

Tax

$0

$0

 

 

Net Income

$-419,149

$-120,590

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$103,329

$15,831

Accounts Receivable

$7,351

$38,546

Total Assets

$544,099

$289,356

Short-Term Debt

$588,558

$258,846

Long-Term Debt

$0

$0

Total Liabilities

$588,558

$258,846

Financials as of: 09/12/2022
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Seedsheet on Wefunder 2022
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Platform: Wefunder
Security Type: SAFE
Valuation: $15,000,000

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