Viroment (2021)

Viroment (2021)

Closed: Mar. 2021

About this raise

Viroment Equity, a builder of high-tech agricultural facilities, is raising funds on Wefunder. The company builds and leases technologically advanced agricultural facilities to the world’s top pork producers. The barns made by Viroment are fitted with odor-eliminating manure filtration technology, which also creates high-value dry fertilizer in the process. Viroment was founded by Paul Koenig in October 2020. The funds from the current crowdfunding campaign, with a minimum target of $50,000 and a maximum target of $600,000, will be used towards legal and accounting expenses, marketing and advertising, land acquisition, preconstruction costs, and equipment. Viroment is creating high-tech barns of the future at lower costs, less regulation, and high sustainability.

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Investment Overview

Invested this round: $1,070,000

Deal Terms

Total Commitments

Platform
Wefunder
Start Date
12/18/2020
Close Date
03/23/2021
Min. Goal
$50,000
Max Goal
$600,000
Min. Investment

$100

Security Type

Equity - Preferred

Company Stage

Early Stage

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.00

Pre-Money Valuation

$13,500,000

Company & Team

Company

Year Founded
2020
Industry
Farming & Agriculture
Tech Sector
Non-Tech
Distribution Model
B2B
Margin
Medium
Capital Intensity
High
Location
Minneapolis, Minnesota
Business Type
Life Style
Company Website
Visit Website

Team

Employees
3
Prior Founder Exits?
No
Founder Name
Paul Koenig
Title
CEO

Financials

 Revenue
$0
 Cash on Hand
$25,000

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$25,000

$0

Accounts Receivable

$0

$0

Total Assets

$25,000

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
03/23/2021 Wefunder $13,500,000 $1,070,000 Equity - Preferred Funded RegCF
10/31/2020 Wefunder - $439,975 Debt Funded RegCF
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Growth Charts

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

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Add to portfolio
Viroment Equity on Wefunder
Platform: Wefunder
Security Type: Equity - Preferred
Valuation: $13,500,000
Price per Share: $1.00

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