WhiteClouds
About this raise: WhiteClouds, with a valuation of $24 million, is raising funds on Wefunder. The company uses 3D technologies to fabricate a wide range of finished products. The new 3D technology solutions of WhiteClouds offer rapid prototyping, print-on-demand, strong and lightweight products, and flexible design. WhiteClouds has over 3,600 customers and has generated $17 million in lifetime revenues. Jerry Ropelato founded WhiteClouds in January 2013. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $5,000,000. The campaign proceeds will be used for sales and marketing, debt reduction, and general operations.
Investment Overview
Invested $86,200 :
Deal Terms
Company & Team
Company
- Year Founded
- 2013
- Industry
- Consumer Products, Goods & Services
- Tech Sector
- Distribution Model
- B2B
- Margin
- High
- Capital Intensity
- High
Financials
- Revenue -24.6% YoY
- $2,201,273
- Monthly Burn
- $30,764
-
Runway
- 0.1 months
- Gross Margin
- 79%
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Company Funding & Growth
Funding history
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
04/30/2022 | Wefunder | $24,000,000 | $86,200 | SAFE | Funded | RegCF |
04/26/2019 | Wefunder | $20,000,000 | $183,773 | SAFE | Funded | RegCF |
09/29/2018 | Wefunder | $20,000,000 | $195,041 | SAFE | Funded | RegCF |
07/31/2017 | Wefunder | $18,000,000 | $1,070,000 | SAFE | Funded | RegCF |
Growth Charts
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.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.