Edible Garden

Deal To Watch
BETA

Changing agriculture with technology, sustainability & real sales

Analytics

Raised to Date: $376,358

Aggregate Commitments $
Platform

Republic

Start Date

10/30/2020

Close Date

04/30/2021

Min. Goal

$25,000

Max. Goal

$1,070,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Series

Pre-Seed

Valuation Cap

$18,500,000

Discount Rate

0%

Weekly Commitments $
Status

Active

Reporting Date

01/27/2021

Days Remaining

92

% of Min. Goal

1,505%

% of Max. Goal

35%

Likelihood of Max
Avg. Daily Raise

$4,229

# of Investors

1,112

Momentum
Location

Belvidere, New Jersey

Industry

Farming & Agriculture

Tech Sector

AgriTech

Distribution Model

B2B2C

Margin

Medium

Capital Intensity

High

Business Type

Growth

Edible Garden, with a valuation cap of $18.5 million, is raising funds on Republic. The company grows organic produce and herbs locally and sustainably. It is leveraging state-of-the-art technology and zero-waste inspired hydroponic indoor greenhouse to change the face of agriculture. Jim Kras, Mike James, and Dennis Rodrigues founded Edible Garden in March 2020. The current crowdfunding round has a minimum target of $25,000 and a maximum target of $1,070,000, and the funds will be used to increase the capabilities and technology and invest in more partnerships. Edible Garden reported a 100% sales growth year-over-year and is projected to reach $11 million in sales in 2020.

Ratings

last updated 01/28/2021

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Analyst Report

Deal To Watch
Ratings Platform - Beta Trial

Our new ratings and analytics platform is currently in Beta. To gain access to the Beta platform features, upgrade to a Pro paid account and accept the Beta terms on any page.

For a limited time, use coupon code "TRYMERLIN20" for a free 20 day trial of Kingscrowd Pro and Merlin Beta. Your paid subscription will activate at the end of 20 days. Cancel anytime.
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