Modgarden

AI Personalization Allows Your Greens to Thrive

Analytics

Raised to Date: $97,375

Aggregate Commitments $
Platform

Title3Funds

Start Date

01/01/2021

Close Date

08/31/2021

Min. Goal

$100,000

Max. Goal

$1,070,000

Min. Investment

$350

Security Type

Convertible Note

Funding Type

RegCF

Series

Seed

Valuation Cap

$9,500,000

Discount Rate

20%

Rolling Commitments $
Status

Active

Reporting Date

05/12/2021

Days Remaining

108

% of Min. Goal

97%

% of Max. Goal

9%

Likelihood of Max
unlikely
Avg. Daily Raise

$743

Momentum
cold
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Location

Sheridan, Wyoming

Industry

Farming & Agriculture

Tech Sector

AgriTech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Business Type

Growth

Modgarden, with a valuation cap of $9.5 million, is raising funds on Title3Funds. The company has developed its proprietary soil cartridges that help families grow their own leafy greens and herbs. The device uses AI to personalize the factors like temperature, humidity, and water quality and enables roots to absorb more moisture than artificial sources. Aamar Khwaja and Alan Tratner founded Modgarden in October 2020. The current crowdfunding round has a minimum target of $100,000 and a maximum target of $1,070,000, and the proceeds will be used to pilot tinyFarm and business models before scaling. Modgarden is growing for the foreseeable future and aims to be in over 100 cities globally in the next five years.
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