Bay Area Ranchers’ Cooperative

Neutral
BETA

Responsible Meat Processing — By Ranchers, For Ranchers

Analytics

Raised to Date: $239,100

Aggregate Commitments $
Platform

Wefunder

Start Date

10/21/2020

Close Date

02/05/2021

Min. Goal

$50,000

Max. Goal

$1,070,000

Min. Investment

$500

Security Type

Equity - Preferred

Funding Type

RegCF

Series

Seed

Pre-Money Valuation

$1,000,000

Weekly Commitments $
Status

Active

Reporting Date

01/24/2021

Days Remaining

10

% of Min. Goal

478%

% of Max. Goal

22%

Likelihood of Max
Avg. Daily Raise

$2,517

# of Investors

74

Momentum
Location

Petaluma, California

Industry

Farming & Agriculture

Tech Sector

Foodtech

Distribution Model

B2B

Margin

Medium

Capital Intensity

High

Business Type

Life Style

Bay Area Ranchers’ Cooperative, with a pre-money valuation of $1 million, is raising funds on Wefunder. The company does responsible meat processing for ranchers by ranchers. It is establishing a meat-processing plant using a Mobile Harvest Unit approved by the USDA. Bay Area Ranchers’ Cooperative will process cattle, sheep, goats, and hogs for ranchers that are not well-served by larger harvest facilities. Duskie Estes founded Bay Area Ranchers’ Cooperative in July 2020. The proceeds of the current crowdfunding round, with a minimum raise of $50,000 and a maximum raise of $1,070,000, will be used for purchasing equipment, infrastructure improvements, payroll, and consultants. Bay Area Ranchers’ Cooperative is a rancher-owned cooperative that is creating stability for the meat business.

Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-22,357

$0

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$112,768

$0

Accounts Receivable

$0

$0

Total Assets

$112,768

$0

Short-Term Debt

$18,125

$0

Long-Term Debt

$0

$0

Total Liabilities

$18,125

$0

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