WhiteClouds

WhiteClouds

Growth Stage

On-Demand 3D Fabrication: the world's largest color 3D printing facility.

On-Demand 3D Fabrication: the world's largest color 3D printing facility.

Overview

Raised to Date: Raised: $86,200

Total Commitments ($USD)

Platform

Wefunder

Start Date

03/22/2022

Close Date

04/30/2022

Min. Goal
$50,000
Max. Goal
$5,000,000
Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$22,000,000

Valuation Cap

$24,000,000

Discount

10%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

04/30/2022

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$2,268

# of Investors

87

Momentum
Funded
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Year Founded

2013

Industry

Consumer Products, Goods & Services

Tech Sector

EnterpriseTech

Distribution Model

B2B

Margin

High

Capital Intensity

High

Location

Ogden, Utah

Business Type

Growth

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.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$2,201,273

$2,918,943

COGS

$465,621

$747,962

Tax

$0

$0

 

 

Net Income

$-369,165

$-1,076,706

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$3,043

$21,118

Accounts Receivable

$122,955

$189,507

Total Assets

$310,522

$847,104

Short-Term Debt

$1,204,183

$6,808,212

Long-Term Debt

$1,978,519

$1,306,907

Total Liabilities

$3,182,702

$8,115,119

Financials as of: 03/22/2022
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
WhiteClouds 04/29/2022 Wefunder $24,000,000 $86,200 SAFE Funded RegCF
WhiteClouds 04/25/2019 Wefunder $20,000,000 $183,773 SAFE Funded RegCF
WhiteClouds 09/28/2018 Wefunder $20,000,000 $195,041 SAFE Funded RegCF
WhiteClouds 07/30/2017 Wefunder $18,000,000 $1,070,000 SAFE Funded RegCF
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

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.

Employee History

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WhiteClouds on Wefunder 2022
Platform: Wefunder
Security Type: SAFE
Valuation: $24,000,000

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