World Tree
Growth Stage
2023 Impact Crowdfunder of the Year!
Overview
Raised: $278,276
Total Commitments ($USD)
Platform
Wefunder
Start Date
10/20/2023
Close Date
12/08/2023
Min. Goal
$100,000
Max. Goal
$500,000
Min. Investment
$100
Security Type
Equity - Common
Series
Seed
SEC Filing Type
RegCF
Price Per Share
$2.00
Early Bird Valuation
$19,963,407
Pre-Money Valuation
$22,815,322
Rolling Commitments ($USD)
Status
Active
Reporting Date
12/08/2023
Days Remaining
0
% of Min. Goal
278%
% of Max. Goal
56%
Likelihood of Max
Avg. Daily Raise
$5,679
Momentum
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Year Founded
2015
Industry
Energy, Power, & Natural Resources
Tech Sector
Cleantech
Distribution Model
B2B
Margin
Low
Capital Intensity
High
World Tree, with a valuation of $22.82 million, 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. It is the largest grower of Empress trees in North and Latin America and has already planted 6,000 acres of trees. The World Tree project provides accessible investment opportunities in sustainable timber and targets high-end markets, including furniture, window blinds, veneers, musical instruments, and surfboards. Wendy Burton founded World Tree in June 2015. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $500,000. The campaign proceeds will be used for offering costs, farmer success, management fee and office, trees, shipping, and related expenses, brokering the lumber, marketing, carbon program costs, and investor relations.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-3,732,261 |
$-4,784,633 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$4,088 |
$773,978 |
|
Accounts Receivable |
$16,362 |
$933,934 |
|
Total Assets |
$1,695,068 |
$3,228,455 |
|
Short-Term Debt |
$500 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$500 |
$0 |
Financials as of: 10/20/2023
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Raise History
| Offering Name | Close Date | Platform | Valuation/Cap | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| World Tree | 12/08/2023 | Wefunder | $22,815,322 | $278,276 | Equity - Common | Active | RegCF |
| 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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