Data / Crowdfunding / Connecticut / Raise Green, Inc.
Raise Green, Inc.: crowdfunding raise on Wefunder Portal LLC, $75,000 to $124,000 (2023)
Raise Green, Inc., a corporation in New Haven, CT, filed a Form C with the SEC on May 2, 2023 to raise $75,000 to $124,000 in Simple Agreement for Future Equity (SAFE) through Wefunder Portal LLC. The offering closed on June 30, 2023. In its most recent fiscal year it reported $117,726 in revenue and a net loss of $935,379, with 5 employees.
SpecStream is the live web data engine for teams and agents. It reads every Form C on SEC EDGAR each morning, and this page is that reading. Ask for your own cut (a portal, a state, a size, a revenue range) and new raises arrive in your sheet, CRM, Slack or agent as they land.
- Website
- www.raisegreen.com
- Funding portal
- Wefunder Portal LLC
- Address
- 770 CHAPEL ST. RAISE GREEN, New Haven, CT 06510
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- March 29, 2018
- SEC CIK
- 0001747584
Offering terms
From the amendment filed May 2, 2023.
- Security
- Simple Agreement for Future Equity (SAFE)
- Price
- $1.00
- Target
- $75,000
- Maximum
- $124,000
- Deadline
- June 30, 2023
- Portal compensation
- 5.0% of the offering amount upon a successful fundraise, and be entitled to reimbursement for out-of-pocket third party expenses it pays or incurs on behalf of the Issuer in connection with the offering.
Financials
From the Form C-AR filed May 6, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $117,726 | $162,182 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-935,379 | $-1,214,115 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $539,054 | $94,346 | sec.gov |
| Cash | $514,803 | $68,896 | sec.gov |
| Accounts receivable | $2,575 | $0 | sec.gov |
| Short-term debt | $341,441 | $146,951 | sec.gov |
| Long-term debt | $718,245 | $716,030 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 6, 2024 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| May 6, 2024 | Annual report | Not listed | Not listed | sec.gov | ||
| April 2, 2024 | Progress update | $75,000 | $124,000 | June 30, 2023 | The final number is $124,000.00 in investments. | sec.gov |
| May 2, 2023 | Amendment | $75,000 | $124,000 | June 30, 2023 | Adding 22 financials, extending campaign, and lowering max target. | sec.gov |
| February 8, 2023 | Offering | $100,000 | $500,000 | April 30, 2023 | sec.gov |
Updated May 6, 2024. Read from SEC EDGAR. Public domain (U.S. government work). Financials are as each company reported them in its Form C, unaudited unless the filing says otherwise. Websites are the ones the companies declared to the SEC. Free to reuse with credit to SpecStream under CC BY 4.0. Spot a wrong value? Write to [email protected] with the link to this page.