WaterWorks
About this raise
WaterWorks, doing business as WWF Holdings, Inc., is raising funds on NetCapital. The company has a post-money valuation of $11.5 million and introduces investors to opportunities in technology companies and projects. Investors get to access WaterWorks’ online investment platform, find the companies the require capital, and invest in them. The investments also help in the acceleration of potential water solutions. WaterWorks was founded by Lon Johnson, Julianna Smoot, and Brian Spangle in 2018. The proceeds of the current round of crowdfunding, with a minimum target of $10,000 and a maximum target of $1,000,000, will be used towards debt servicing, sales and marketing, operations, and personnel. WaterWorks is targeting investors interested in sustainable investing and is creating value both for investors and water companies.
Investment Overview
Invested : $142,215
Deal Terms
Total Commitments
- Platform
- Netcapital
- Start Date
- 03/23/2020
- Close Date
- 09/27/2021
$10,000
$1,000,000
$99
Equity - Common
Early Stage
RegCF
$1.00
$11,500,000
Company & Team
Company
- Year Founded
- 2018
- Industry
- Financial & Insurance Products & Services
- Tech Sector
- Distribution Model
- B2B
- Margin
- Low
- Capital Intensity
- Low
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 09/27/2021 | Netcapital | $11,500,000 | $142,215 | Equity - Common | Funded | RegCF |
Founder Interview
WaterWorks Founder Lon Johnson Talks Crowdfunded Water
Water is rapidly becoming a valuable and limited resource. Globally, 1 in 9 people do not have access to safe water. Climate change and growing populations are likely to add further stress to the already taxed water cycle.WaterWorks wants to connect innovative, water-focused startups with potential investors to enable the future of water technology. The compnay operates as an online platform where companies with solutions to the water problems we are facing can raise capital from concerned investors.
We sat down with founder Lon Johnson to discuss WaterWorks's mission, the exceptionally strong team behind it, and where the company is headed.
Note: This interview was conducted over email. It has been lightly edited for clarity and length.