Offerings / Regulation CF / GroundWorx Inc.
GroundWorx Inc.
Regulation Crowdfunding offering on Wefunder · Form C filed September 15, 2026 · Mercer Island, Washington
PreferredEarly revenueCorporation, Delaware
Business summary pending extraction from the offering statement. The company is a corporation organized in Delaware on August 18, 2014, based in Mercer Island, WA, with 2 employees and $396,325 of revenue in its most recent fiscal year.
Offering terms
- Security
- Preferred Stock
- Maximum
- $1,235,000.00
- Price
- $2.50 per unit
- Pricing method
- Dividing pre-money valuation $21,231,563.00 (or $16,397,250.00 for investors in the first $500,000) by number of shares outstanding on fully diluted basis.
- Deadline
- April 30, 2027
- Oversubscriptions
- Accepted
- Intermediary
- Wefunder Portal LLC
Funding portal, SEC file 007-00033 - Intermediary fee
- 7.9% 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.
- Intermediary equity
- No
- Co-issuer
- GroundWorx I, a series of Wefunder SPV, LLC
GroundWorx I EB, a series of Wefunder SPV, LLC
Financials as filed
| Item | Most recent FY | Prior FY |
|---|---|---|
| Revenue | $396,325 | $457,279 |
| Cost of goods sold | $248,022 | $245,219 |
| Net income (loss) | -$184,874 | -$368,152 |
| Total assets | $103,253 | $72,260 |
| Cash and equivalents | $9,296 | $8,845 |
| Accounts receivable | $7,253 | $30,704 |
| Short-term debt | $981,542 | $796,520 |
| Long-term debt | $25,845 | $0 |
| Taxes paid | $0 | $0 |
Two fiscal years as reported on the Form C cover sheet. 2 employees. Offered in 56 states.