Empire State Greenhouses

ESG has reinvented agriculture to feed a hungry planet and combat climate change

Analytics

Raised to Date: $13,010

Aggregate Commitments $
Platform

Wefunder

Start Date

04/19/2021

Close Date

04/30/2022

Min. Goal

$100,035

Max. Goal

$1,070,000

Min. Investment

$100

Security Type

Equity - Common

Funding Type

RegCF

Series

Pre-Seed

Pre-Money Valuation

$25,000,000

Rolling Commitments $
Status

Active

Reporting Date

05/12/2021

Days Remaining

350

% of Min. Goal

13%

% of Max. Goal

1%

Likelihood of Max
unlikely
Avg. Daily Raise

$566

Momentum
cold
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Location

New York, New York

Industry

Energy, Power, & Natural Resources

Tech Sector

AgriTech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

High

Business Type

Growth

Empire State Greenhouses, with a $25 million valuation cap, is raising crowdfunding on Wefunder. The company aims to build the future of agriculture with its commercial and utility-scale renewable energy efficiency projects. Louis Ferro founded Empire State Greenhouses in 2017. The proceeds of the current crowdfunding round, with a minimum goal of $100,035 and a maximum goal of $1,070,000, will be used towards environmental study, design and engineering, equipment deposits, and legal fees. Empire State Greenhouses has designed its system to combine renewable energy and vertical ag to solve problems related to food security and climate change.
Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-32,524

$-71,487

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$1,687

$163

Accounts Receivable

$50,000

$0

Total Assets

$51,687

$3,563

Short-Term Debt

$0

$0

Long-Term Debt

$30,648

$0

Total Liabilities

$30,648

$0

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