WeatherFlow-Tempest on StartEngine 2023 – KingsCrowd

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WeatherFlow-Tempest on StartEngine 2023 – KingsCrowd


Analytics


Raised to Date:
Raised:

$2,767

Safety Sort

Fairness – Widespread

Pre-Cash Valuation

$41,122,890

Reporting Date

01/05/2023

Probability of Max

unlikely

Momentum

cool.svg

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Location

Scotts Valley, California

Business

Enterprise Providers, Software program, & Purposes

Tech Sector

EnterpriseTech

WeatherFlow-Tempest, with a valuation of $41.1 million, is elevating funds on StartEngine. The corporate makes use of an unique knowledge and AI-driven mannequin that helps in correct climate prediction and controlling the impression of climate. The patented know-how of WeatherFlow-Tempest, Nearcast Know-how, gives prospects with point-specific climate info when and the place they want it. WeatherFlow-Tempest has over 60,000 paying prospects and has generated $25 million in income since its launch. Buck Lyons and Phil Atkinson based WeatherFlow-Tempest in December 2018. The present crowdfunding marketing campaign has a minimal goal of $9,999 and a most goal of $2.5 million. The marketing campaign proceeds might be used for advertising and marketing, firm employment, and stock.

Abstract Revenue and Loss Assertion

Income

$8,295,461

$6,460,768

COGS

$3,469,453

$3,108,165

Tax

$0

$0

 

 

Web Earnings

$-1,158,308

$-979,951

Abstract Steadiness Sheet

Money

$887,867

$157,664

Accounts Receivable

$169,808

$440,232

Whole Belongings

$2,167,877

$1,744,855

Brief-Time period Debt

$971,039

$1,845,412

Lengthy-Time period Debt

$930,000

$0

Whole Liabilities

$1,901,039

$1,845,412

Financials as of: 01/05/2023

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Elevate Historical past

WeatherFlow-Tempest 03/07/2023 StartEngine $41,122,890 $2,767 Fairness – Widespread
Energetic
RegCF
WeatherFlow-Tempest 04/29/2022 StartEngine $32,283,025 $2,498,285 Fairness – Widespread
Funded
RegCF

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