Bay Area Ranchers’ Cooperative

Bay Area Ranchers’ Cooperative

Early Stage

Responsible Meat Processing — By Ranchers, For Ranchers

Responsible Meat Processing — By Ranchers, For Ranchers

Overview

Raised to Date: Raised: $306,800

Total Commitments ($USD)

Platform

Wefunder

Start Date

10/20/2020

Close Date

04/30/2021

Min. Goal
$50,000
Max. Goal
$1,070,000
Min. Investment

$500

Security Type

Equity - Preferred

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$10.00

Pre-Money Valuation

$1,000,000

Rolling Commitments ($USD)

Status
Funded
Reporting Date

05/01/2021

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

$1,606

# of Investors

112

Momentum
Funded
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Year Founded

2020

Industry

Farming & Agriculture

Tech Sector

Foodtech

Distribution Model

B2B

Margin

Medium

Capital Intensity

High

Location

Petaluma, California

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

Financials as of: 10/20/2020
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Add to portfolio
Bay Area Ranchers’ Cooperative on Wefunder
Platform: Wefunder
Security Type: Equity - Preferred
Valuation: $1,000,000
Price per Share: $10.00

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