Weeds Never Sleep
About this raise
Weeds Never Sleep, the manufacturer of HotZot with a pre-money valuation of $2.5 million, is raising funds on TruCrowd. HotZot is the ultimate solution to the problem faced in golf courses, parks, playgrounds, schools, and gardens: weeds. The revolutionary tool of Weeds Never Sleep is an organic sprayer that destroys weeds by pointing and shooting boiling water with organic herbicides on them. Weeds Never Sleep was founded by Bonnie Bruce and Michael Peterson. The current round of crowdfunding has a minimum target of $10,000 and a maximum target of $100,000, and the proceeds will be used for engineering, prototyping, marketing, advertising, and other fees. HotZot of Weeds Never Sleep is already patented, and the company has received over 300 requests to buy the product even before it is launched.
Investment Overview
Invested : $30,772
Deal Terms
Total Commitments
- Platform
- truCrowd
- Start Date
- 07/03/2019
- Close Date
- 06/30/2022
$10,000
$100,000
$300
SAFE
Early Stage
RegCF
$2,500,000
0%
Company & Team
Company
- Year Founded
- 2015
- Industry
- Consumer Products, Goods & Services
- Tech Sector
- Distribution Model
- B2C
- Margin
- High
- Capital Intensity
- High
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 06/30/2022 | truCrowd | $2,500,000 | $30,772 | SAFE | Funded | RegCF |