Weeds Never Sleep

Early Stage

The HotZot is the first tool to effectively kill weeds organically.

Analytics

Raised to Date: Raised: $29,672

Aggregate Commitments $

Platform

TruCrowd

Start Date

07/03/2019

Close Date

06/30/2022

Min. Goal

$10,000

Max. Goal

$100,000

Min. Investment

$300

Security Type

SAFE

Funding Type

RegCF

Series

Pre-Seed

Valuation Cap

$2,500,000

Discount Rate

0%

Rolling Commitments $

Status

Active

Reporting Date

11/28/2021

Days Remaining

214

% of Min. Goal

297%

% of Max. Goal

30%

Likelihood of Max
unlikely
Avg. Daily Raise

$34

Momentum
cold.svg
Log in or create a free account today to gain access to KingsCrowd analytics.
Location

Portland, Oregon

Industry

Consumer Products, Goods & Services

Tech Sector

AgriTech

Distribution Model

B2C

Margin

High

Capital Intensity

High

Business Type

Life Style

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.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$200

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-125,806

$-21,430

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$12,346

$26,242

Accounts Receivable

$0

$0

Total Assets

$12,346

$26,242

Short-Term Debt

$239,254

$122,671

Long-Term Debt

$0

$0

Total Liabilities

$239,254

$122,671

Financials as of: 07/03/2019
Log in or create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Starter

$8.33 /month
billed annually
Free portfolio tracking. Limited reports and filters.
Plan Includes:
Everything in Free, plus
Advanced company search ( limited filters)
Founder profiles and exclusive webinars
2 Analyst Reports per month
Get Starter Annual

Pro

$25 /month
billed annually
Unlimited analyst reports and market analytics.
Plan Includes:
Everything in Starter, plus
Full access to all Analyst Reports
Filter on Staff Picks (e.g. Top Deal, Deal to Watch, etc.)
Market Analytics
Get Pro Annual

Merlin

$41.67 /month
billed annually
Full site access including Merlin ratings.
Plan Includes:
Everything in Pro, plus
Search and filter companies by Merlin ratings
Company specific Merlin rating and risk assessment
Get Merlin Annual
Already a member? Log in here.

Ratings

Analyst Report

Create your first portfolio

Create your very own investment portfolio on KingsCrowd.

Now you can track all of your startup investments in one place utilizing our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
Weeds Never Sleep on TruCrowd
$
Platform: TruCrowd
Security Type: SAFE
Valuation: $2,500,000

Follow company

Follow Weeds Never Sleep on TruCrowd