GroGuru on Wefunder

Strategic Irrigation Management for Commercial Farmers

Raise to date: $1,070,000

Reporting Date: 07/08/2020

Key Stats

Minimum Raise

$200,000

Maximum Raise

$1,070,000

Likelihood of Max Exceeded
Start Date

06/26/2020

Stop Date

09/25/2020

Days Remaining

77

Security Type

Convertible Note

Investment Minimum

$100

Deal Type

Deal to Watch


Investment Summary

Status

Active

# of Investors

1,149

% of Minimum Raised

535%

% of Maximum Raised

100%

Dollars Per Day to Reach Max

N/A

DPD* Committed

$89,167

DPD* Category

$0

DPD* All Companies

$2,279

Kingscrowd Momentum

$1,070,000

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

GroGuru, with an $8.5 million valuation cap, is raising funds on Wefunder. The company is helping farmers by using sustainable ways to increase crop yield and reduce the consumption of water and other resources. GroGuru implements strategic irrigation management and uses soil sensors to measure soil salinity, temperature, and moisture. GroGuru was founded by Patrick Henry and has raised over $4.7 million since its founding. The current crowdfunding campaign has a minimum raise of $200,000 and a maximum raise of $1,070,000. The funds will be used for expenses related to product development and sales channel expansion. GroGuru has a patented technology and has deployed over 2,000 sensors across more than 80 customers in the US.

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