VVF AgTech

VVF AgTech

Open  for investment

About this raise

VVF AgTech, with a valuation of $18.33 million, is raising funds on Wefunder. It is an AgTech company bringing passionate people together to run profitable farming businesses while connecting back to their farming roots. VVF AgTech has multiple properties and farmlands that grow a wide range of farm-fresh products, including fruits, vegetables, dairy, grains, and more. The business is currently farming 70 acres pomelos, five acres lychee, five acres longan, and 15 acres sitaphal and has acquired 260 acres of farmlands across Florida and Georgia. Sasi Kanth Vallem founded VVF AgTech in January 2022. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $1.2 million. The campaign proceeds will be used for operations of greenhouse cucumber, tropical fruit trees, and nursery plants production, marketing, and miscellaneous expenses.

Expand

Investment Overview

Committed this round: $299,117

Deal Terms

Total Commitments

Platform
Wefunder
Start Date
12/21/2023
Close Date
04/30/2025
Min. Goal
$100,000
Max Goal
$1,200,000
Min. Investment

$1,000

Security Type

Equity - Preferred

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$2.00

Pre-Money Valuation

$18,327,958

Company & Team

Company

Year Founded
2022
Industry
Farming & Agriculture
Tech Sector
AgriTech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
High
Location
Suwanee, Georgia
Business Type
Life Style
Company Website
Visit Website

Team

Employees
5
Prior Founder Exits?
No
Founder Name
Sasi Kanth Vallem
Title
CEO

Financials

as of Fiscal Year 2023
 Revenue
$622,522
 Monthly Burn
$77,339
 Runway
2.3 months
Gross Margin
39%

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$622,886

$622,522

COGS

$382,536

$316,203

Tax

$61,959

$35,128

 

 

Net Income

$-1,324,702

$-2,343,373

Summary Balance Sheet

FY 2023 FY 2022

Cash

$194,112

$297,456

Accounts Receivable

$0

$0

Total Assets

$4,928,508

$3,260,917

Short-Term Debt

$1,575,649

$3,546,507

Long-Term Debt

$1,070,671

$645,388

Total Liabilities

$2,646,320

$4,191,895

Create a free account today to gain access to Kingscrowd analytics and financials.

Upgrade to gain access

Pay Monthly
Annually (2 months free)

Edge

$12.50 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific Kingscrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Ratings Kingscrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars

Company Funding & Growth

Funding history

Total Prior Capital Raised
$4,214,500
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/30/2025 Wefunder $18,327,958 $299,117 Equity - Preferred Active RegCF
Create a free account today to gain access to Kingscrowd analytics.
Founders: enhance your startup's credibility on Kingscrowd. Create an account to claim this raise page.
Add to portfolio
VVF AgTech on Wefunder 2023
Platform: Wefunder
Security Type: Equity - Preferred
Valuation: $18,327,958
Price per Share: $2.00

Follow company

Follow VVF AgTech on Wefunder 2023

Buy VVF AgTech's Deal Report

VVF AgTech Deal Report

Get Kingscrowd's comprehensive report on VVF AgTech including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether VVF AgTech is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the VVF AgTech deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge