Bloom Stack on Wefunder

Platform

Wefunder

Start Date

04/26/2021

Close Date

04/30/2022

Min. Goal

$200,000

Max. Goal

$1,070,000

Min. Investment

$100

Security Type

Convertible Note

Funding Type

RegCF

Valuation Cap

$9,500,000

Discount Rate

0%

Rolling Commitments $

Status

Active

Reporting Date

04/27/2021

Days Remaining

368

% of Min. Goal

0%

% of Max. Goal

0%

Likelihood of Max

Avg. Daily Raise

$0

Momentum

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Location

Scotts Valley, California

Industry

Business Services, Software, & Applications

Tech Sector

EnterpriseTech

Bloom Stack, with a valuation cap of $9.5 million, is raising crowdfunding on Wefunder. The company has developed a seamless operational integration for companies in the business of legal cannabis, hemp, and CBD. The system takes all the platforms and systems these operators are using and migrates the complete data into a single and integrated platform. Eric Delisle and Matthew Michaels founded Bloom Stack in 2018. The proceeds of the current crowdfunding round, with a minimum goal of $200,000 and a maximum goal of $1,070,000, will be used for the expansion of the implementation team, Bloomstack Academy Training programs, public launch insurance, and marketing. Bloom Stack reported a five times revenue growth from 2019 to 2020. The system is suitable for nearly any kind of business and is launching its new Bloomstack Companion App in 2021.