About this raise
WaterBlocks, with a pre-money valuation of $18 million, is raising funds on TruCrowd. The company is revolutionizing the game when it comes to flood barrier systems. Their product rapidly deploys, and its superior design is ideal for use with traffic safety and control, construction site protection, and natural resource conservation. Joseph Daniluk founded WaterBlocks in 2015. The current crowdfunding round has a minimum goal of $10,000 and a maximum goal of $1,070,000, and the funds will be used for growth and expansion. WaterBlocks, which is a registered trademark and dba of Locking Line Barriers, are steel-reinforced, interconnecting plastic units that link together to create a watertight wall of protection. Their unique design allows for rapid deployment, efficient assembly, and easy removal.
Investment Overview
Invested : $36,286
Deal Terms
- Platform
- truCrowd
- Start Date
- 08/10/2021
- Close Date
- 05/31/2022
$10,000
$1,070,000
$200
Equity - Common
Pre-Seed
RegCF
$2.00
$18,000,000
Company & Team
Company
- Year Founded
- 2015
- Industry
- Energy, Power, & Natural Resources
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Medium
- Capital Intensity
- Low
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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.
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Note: Share prices shown in earlier rounds may not be indicative of any stock splits.