Problem
Solution
Business Model
Market
Success To Date
- Granted U.S. Patent 10830915 in November, 2020
- Manufactured a working prototype
- Surveyed properties totaling more than 117,000 acres, with more than $170,000 of revenue in last two years
- Pilot underway helping Texas landowners, realtors, commercial developers, and water well drillers locate water.
- Accuracy rate is more than 90%
- Selected for Austin Technology Incubator - the deep tech incubator at The University of Texas at Austin
- Semi-Finalist, 2024 EarthX Climate Tech Prize
- Land-Tech Accelerator Winner, Realtors Land Institute
- Technology a Featured Start-Up at World Water-Tech North America, 2023
Press
Team
Use of Proceeds
If the offering's maximum amount of $1,215,600 is raised:
Use | Value | % of Proceeds |
---|---|---|
Manufacturing/R&D | $580,000 | 47.7% |
New Hires (Engineer, Geologist) | $340,000 | 28.0% |
Management | $200,000 | 16.5% |
Marketing | $36,036 | 3.0% |
Intermediary fees | $59,564 | 4.9% |
Terms
This number includes all funds raised by the Company in this round on Netcapital. This is an offering of Common Stock, under registration exemption 4(a)(6), in Well Water Finders, Inc.. This offering must reach its target of at least $10,000 by its offering deadline of October 10, 2024 at 11:59pm ET. If this offering does not reach its target by the offering deadline, then your money will be refunded.
If the offering is successful at raising the maximum amount, then the company’s implied valuation after the offering (sometimes called its post-money valuation) will be:
Financials
These financial statements have been reviewed by an independent Certified Public Accountant.
SEC Filings
The Offering Statement is a formal description of the company and this transaction. It’s filed with the SEC to comply with the requirements of exemption 4(a)(6) of the Securities Act of 1933.
We’re also required to share links to each of the SEC filings related to this offering with investors.
Understand the Risks
Be sure to understand the risks of this type of investment. No regulatory body (not the SEC, not any state regulator) has passed upon the merits of or given its approval to the securities, the terms of the offering, or the accuracy or completeness of any offering materials or information posted herein. That’s typical for Regulation CF offerings like this one.
Neither Netcapital nor any of its directors, officers, employees, representatives, affiliates, or agents shall have any liability whatsoever arising from any error or incompleteness of fact or opinion in, or lack of care in the preparation or publication of, the materials and communication herein or the terms or valuation of any securities offering.
The information contained herein includes forward-looking statements. These statements relate to future events or to future financial performance, and involve known and unknown risks, uncertainties, and other factors, that may cause actual results to be materially different from any future results, levels of activity, performance, or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties, and other factors, which are, in some cases, beyond the company’s control and which could, and likely will, materially affect actual results, levels of activity, performance, or achievements. Any forward-looking statement reflects the current views with respect to future events and is subject to these and other risks, uncertainties, and assumptions relating to operations, results of operations, growth strategy, and liquidity. No obligation exists to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
More Info
Updates
- Oct 11, 2024Primary offering finalized, sellingshares
- Sep 30, 2024Well Water Finders Selected Finalist 2024...
- Sep 10, 2024Manufacturing in Full Swing, Thanks to Early...
- Jul 8, 2024Well Water Finders Named Semi-Finalist for 2024...
- Jun 15, 2024Seeing Deeper Water Sources! Hi guys - wanted...
- May 12, 2024Manufacturing Discussions Underway! Andrew and...
- Apr 19, 2024Greetings From Well Water Finders! Our...
- Apr 16, 2024Exciting Update From Well Water Finders! We...
- Apr 9, 2024Webinar Replay: Impact Investing with Well...
- Apr 1, 2024Greetings, Well Water Finders Community!
- Apr 1, 2024Well Water Finders Named Semi-Finalist for...
- Mar 26, 2024New Invitation From Well Water Finders! There...
- Mar 19, 2024New Invitation From Well Water Finders!...
- Mar 12, 2024Well Water Finders Selected as Land-Tech...
- Mar 12, 2024Thank you initial investors! Our public launch...
- Mar 11, 2024Greetings From Well Water Finders! Imagine...
- Mar 5, 2024Hello from Well Water Finders! To reach our...
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