Team Wildfire
Early Stage
Technology and tactics to tame our planet’s most destructive fires
Overview
Raised: $0
Total Commitments ($USD)
Platform
Wefunder
Start Date
04/02/2023
Close Date
04/30/2023
Min. Goal
$50,000
Max. Goal
$1,235,000
Min. Investment
$100
Security Type
SAFE
Series
Seed
SEC Filing Type
RegCF
Valuation Cap
$12,500,000
Discount
5%
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
04/30/2023
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$0
Momentum
Not Funded
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Year Founded
2023
Industry
Transportation, Automotive, Aviation, & Aerospace
Tech Sector
Non-Tech
Distribution Model
B2B
Margin
Medium
Capital Intensity
High
Team Wildfire, with a valuation of $12.5m, is raising funds on Wefunder. The company is developing and deploying the world’s most advanced patent-pending technology and tactics for fighting wildfires. The U.S. spent $4.4 Billion on wildfire suppression last year, but with 3 Patents Pending for innovative jet engine fire suppression technologies, their solution is designed to suppress more fire per dollar than current methods. Steve Wolf founded Team Wolf in 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of 1,235,000. The campaign proceeds will be used for research and development.
Summary Profit and Loss Statement
| FY 2023 | FY 2022 | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-74,161 |
$0 |
Summary Balance Sheet
| FY 2023 | FY 2022 | |
|---|---|---|
|
Cash |
$449,942 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$449,942 |
$0 |
|
Short-Term Debt |
$24,103 |
$0 |
|
Long-Term Debt |
$500,000 |
$0 |
|
Total Liabilities |
$524,103 |
$0 |
Financials as of: 04/02/2023
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