Data / Crowdfunding / California / The Farm Project, PBC
The Farm Project, PBC: crowdfunding raise on Wefunder Portal LLC, $50,000 to $2,000,000 (2024)
The Farm Project, PBC, a company in Van Nuys, CA, filed a Form C with the SEC on November 1, 2024 to raise $50,000 to $2,000,000 in Simple Agreement for Future Equity (SAFE) through Wefunder Portal LLC. The offering closed on April 30, 2025. In its most recent fiscal year it reported $7,349,406 in revenue and a net loss of $1,908,060, with 8 employees.
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- Website
- lettucegrow.com
- Funding portal
- Wefunder Portal LLC
- Address
- 13748 Saticoy Street, Van Nuys, CA 91402
- Legal form
- Other
- Jurisdiction
- DE
- Incorporated
- March 9, 2017
- SEC CIK
- 0001742100
Offering terms
From the amendment filed November 1, 2024.
- Security
- Simple Agreement for Future Equity (SAFE)
- Price
- $1.00
- Target
- $50,000
- Maximum
- $2,000,000
- Deadline
- April 30, 2025
- 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 April 23, 2026.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $7,349,406 | $7,267,330 | sec.gov |
| Cost of goods sold | $3,964,743 | $3,794,598 | sec.gov |
| Net income | $-1,908,060 | $-1,947,695 | sec.gov |
| Taxes paid | $8,247 | $3,043 | sec.gov |
| Total assets | $3,465,848 | $3,380,882 | sec.gov |
| Cash | $411,989 | $1,194,111 | sec.gov |
| Accounts receivable | $16,569 | $35,674 | sec.gov |
| Short-term debt | $1,970,793 | $1,601,261 | sec.gov |
| Long-term debt | $8,091,572 | $7,078,558 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 23, 2026 | Annual report | Not listed | Not listed | sec.gov | ||
| November 1, 2024 | Amendment | $50,000 | $2,000,000 | April 30, 2025 | Increasing Maximum Target from $1M to $2M | sec.gov |
| October 21, 2024 | Amendment | $50,000 | $1,000,000 | April 30, 2025 | Increasing Early Bird Treshold From $500K to $750K | sec.gov |
| October 15, 2024 | Amendment | $50,000 | $1,000,000 | April 30, 2025 | Removing MFN clause from regular bird terms | sec.gov |
| October 7, 2024 | Offering | $50,000 | $1,000,000 | April 30, 2025 | sec.gov |
Also on SpecStream
Updated April 23, 2026. 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.