Fast growing eco-timber that's reversing climate change
Overview
Raised: $326,476
Rolling Commitments ($USD)
Status
Funded
Reporting Date
08/01/2022
Days Remaining
Funded
% of Min. Goal
131%
% of Max. Goal
22%
Likelihood of Max
Funded
Avg. Daily Raise
$4,031
# of Investors
131
Momentum
Funded
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Year Founded
2015
Industry
Energy, Power, & Natural Resources
Tech Sector
Cleantech
Distribution Model
B2B
Margin
Medium
Capital Intensity
High
World Tree is raising funds on Wefunder. The company is leading the Eco-Tree Action designed to reverse climate change and make significant impacts on investors and small farmers. The project provides accessible investment opportunities in sustainable timber. World Tree has raised $8.7 million to date and funded more than 300 tree farms. Doug Willmore founded World Tree in June 2015. The current crowdfunding campaign has a minimum target of $250,000 and a maximum target of $1,500,000. The campaign proceeds will be used for farmer success, management fees, trees and shipping, brokering the lumber, marketing, and carbon program costs.
Summary Profit and Loss Statement
Most Recent Year | Prior Year | |
---|---|---|
Revenue |
$0 |
$0 |
COGS |
$0 |
$0 |
Tax |
$0 |
$0 |
| ||
| ||
Net Income |
$-4,784,633 |
$-2,467,711 |
Summary Balance Sheet
Most Recent Year | Prior Year | |
---|---|---|
Cash |
$773,978 |
$1,231,923 |
Accounts Receivable |
$933,934 |
$684,065 |
Total Assets |
$3,228,455 |
$3,169,919 |
Short-Term Debt |
$0 |
$39,762 |
Long-Term Debt |
$0 |
$0 |
Total Liabilities |
$0 |
$39,762 |
Financials as of: 05/11/2022
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Raise History
Offering Name | Close Date | Platform | Valuation/Cap | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|---|
World Tree | 01/04/2023 | StartEngine | $23,572,854 | $267,539 | Revenue Share | Funded | RegCF |
World Tree | 07/31/2022 | Wefunder | $21,286,717 | $326,476 | Revenue Share | Funded | RegCF |
World Tree | 12/22/2021 | Wefunder | $12,600,000 | $1,022,316 | Revenue Share | Funded | RegCF |
World Tree | 08/15/2020 | Wefunder | $8,030,000 | $1,070,000 | Revenue Share | Funded | RegCF |
World Tree | 04/03/2019 | Wefunder | - | $1,001,628 | Revenue Share | Funded | RegCF |
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