Fast growing eco-timber that's reversing climate change

Overview

Raised to Date: Raised: $326,476

Total Commitments ($USD)

Platform

Wefunder

Start Date

05/11/2022

Close Date

07/31/2022

Min. Goal

$250,000

Max. Goal

$1,500,000

Min. Investment

$1,000

Security Type

Revenue Share

Series

Series A

SEC Filing Type

RegCF    Open SEC Filing

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

Location

El Segundo, California

Business Type

Growth

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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World Tree on Wefunder 2022
Platform: Wefunder
Security Type: Revenue Share
Valuation: $21,286,717

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