ServeScape
Early Stage
Online Design & Farm-to-Landscape Delivery For Your Next Garden Project
Overview
Raised: $73,150
Total Commitments ($USD)
Platform
Wefunder
Start Date
10/17/2022
Close Date
03/09/2023
Min. Goal
$50,000
Max. Goal
$124,000
Min. Investment
$100
Security Type
Convertible Note
Series
Pre-Seed
SEC Filing Type
RegCF
Valuation Cap
$6,000,000
Discount
15%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
03/26/2023
Days Remaining
Funded
% of Min. Goal
146%
% of Max. Goal
59%
Likelihood of Max
Funded
Avg. Daily Raise
$512
# of Investors
97
Momentum
Funded
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Year Founded
2021
Industry
Farming & Agriculture
Tech Sector
AgriTech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
ServeScape, with a valuation of $6 million, is raising funds on Wefunder. The company provides online design and farm-to-landscape delivery services for people’s garden projects. The platform offers inspiration to installation services for dream landscapes with its experienced landscape designers, largest selection of locally-grown plants, and quality local contractors. ServeScape has reported a 187% year-over-year growth and a 10% month-over-month growth since its launch. Mario Cambardella founded ServeScape in June 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $124,000. The campaign proceeds will be used for product improvements, sales, staff, and advertising.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$693,605 |
$328,361 |
|
COGS |
$513,052 |
$225,058 |
|
Tax |
$180 |
$0 |
| ||
| ||
|
Net Income |
$-168,355 |
$-13,007 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$40,192 |
$93,890 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$179,303 |
$127,089 |
|
Short-Term Debt |
$155,761 |
$62,632 |
|
Long-Term Debt |
$220,000 |
$162,632 |
|
Total Liabilities |
$375,761 |
$225,265 |
Financials as of: 10/17/2022
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