good stuff. what would the funds be used for. do you have a breakdown?

Thanks John! There's a detailed breakdown of our purpose of funds in the "Details" section of our campaign page, but the short answer is we'll be using funding to scale our business and meet demand. Here's a quick rundown of the POF: 20% inventory, 20% talent and hiring; 35% e-commerce marketing, 7.5% community building, 5% R&D, 5% overhead, 7.5% for Wefunder Fees.

Do you know the valuation of the Priced Round on 12/2020? Thank you for your time.

Hi David, thanks for your question. The valuation at that time was $3M. Since then, we've done more than $3.7M in revenue.

Did any Sharks invest in the company ? If yes, at what valuation? Do you have any patents ? If yes, are they granted ?

Thanks for the questions! We did receive multiple equity and royalty offers during our Shark Tank episode, and ended up striking a non-equity sales commission partnership with Lori Greiner. We also do have a fully granted utility patent (awarded in 2021), and is set up for expansion opportunities into different verticals (eg. commercial agriculture).

Thanks for the responses. Looks like you are at the same revenue run rate of $2.1 Million same as 2021… Any other revenue streams planned for coming months / years ?

Of course Sagar, appreciate your questions. The new revenue stream we're most excited about is retail. We're about to sign our first retail agreement with one of the largest sellers of garden products in the country. We expect this channel to grow substantially over the next 5 years. The "Revenue Growth" section of our campaign page outlines these projections in greater detail if you'd like to read more. We're also very excited about our new partnership with Harmon Brothers, the marketing com...

Is Early Bird Bonus still available?? It’s confusing as it shows $172K left for EBB but you have already raised $687K. Please clarify ??

Hi Sagar, yes early bird is still available. Sorry, the page is a little confusing the way its presented! $687,000 is the total amount raised at these terms so far, and there is approximately $172,000 remaining at the early bird terms, which is on a SAFE with a valuation cap of $10M. When early bird is gone, we'll be raising the remaining amount on a SAFE with a valuation cap of $15M.

Seedsheet

The Shark Tank Success Daymond John Says Will Disrupt the $55B Garden Industry

seedsheets.com

Middlebury, VT

Technology Notable Angel Food & Beverage Consumer Goods B2C

Highlights

VC-Backed

Raised $250K or more from a venture firm

$1M+ Revenue

Earned over the last 12 months

Repeat Founder

Started a prior company with $2M+ in funding or revenue

Has already generated $7M in revenue

🦈 Started a bidding war on Shark Tank!

📺 As seen on Good Morning America, Fortune, Forbes, and Fast Company

📈 The $55B gardening market is exploding, even beyond the pandemic

Featured Investor

Team

Why Seedsheet?

We’re on a mission to become the ultimate backyard brand, to empower everyone to grow their own food, and convert their backyard into their own personal supermarket.

Gardening is our passion, and what could be more fulfilling than helping people grow their own food?

Gardening doesn't have to be difficult, we make it easy!

Message from Cam MacKugler, Founder

When I was growing up, I spent my summers working for my grandfather. As a kid it would be odd jobs around his house and garden, and in high school I was splitting firewood from the land he bought, and building houses on that land to eventually sell to his new neighbors. The man was an entrepreneurial legend, the embodiment of stoicism, and the tenacity and drive that he imparted on me as a kid still burns in me today.

In high school I pursued cross country ski racing, an obscure sport for most of the country, but a ubiquitous part of winter in Vermont. Due in no small part to the unending hours spent splitting firewood, I became a national champion, 7-time All-American, was recruited to a Division-I college, and raced for the US Ski Team… I split a LOT of firewood…

In college I fell in love with sustainable architecture, similarly inherited from my time spent building houses for my grandfather. I minored in Environmental Studies, and after graduating, I worked for an architecture firm focusing on sustainable design. I drafted blueprints of growing roofs, and vegetated walls, and incorporated plants into nearly every building.

One summer I house-sat for a co-worker, and because it was Vermont, the house was actually a fully functioning 80-acre dairy farm, replete with cows, chickens, and a majestic garden. I’d spend my days drafting blueprints, and my evenings harvesting dinner from the backyard. One night, as I picked kale for a salad, I noticed the meticulous rows of plants, and I had my epiphany: ‘Why aren’t there blueprints for plants!?’

I sketched the first iteration of Seedsheet in my co-worker’s farmhouse with his kids’ crayons. It combined architectural CAD precision with my grandfather's method of transplanting seedlings into holes cut in an old rug. Six months, and several prototypes later, I launched our first Kickstarter campaign. Another six months later we were on Home Depot shelves. Shortly after that we did a deal on Shark Tank, sold out on QVC and Good Morning America, and have been growing ever since.

It hasn’t been an easy road, but ever since I was a young kid swinging axes, hammers, and ski poles, I’ve learned that perseverance and drive can really make anything attainable. Seedsheet has evolved and grown, through national television exposure, Covid-spurred demand, Covid-obliterated supply chains, and through each opportunity and challenge we’ve come out the other side stronger and smarter.

Thank you for your interest and support in SeedSheets, it means the world to us.

If you ever have any questions and concerns, please don't hesitate to reach out. We also appreciate any kind words and sharing our story with your friends!

- Cam