Humphry Slocombe (1)

Making ice cream less vanilla

Security Type: Preferred Stock
Categories: Food & Bev
Min Investment: $92
Location: San Francisco, CA
Offering Date: September 27, 2019
Expected Close Date: December 26, 2019
Target Raise: $100.03K-$1.07M
Deal Notes: $91.94 per share
Valuation: $14,400,000

Company Description

We're a 10-year-old artisan ice cream company based in San Francisco. What started with one scoop shop has now become five, plus 568+ wholesale accounts and eCommerce. While most brands cater to children, we make ice cream for adults, by adults: our signature flavor is bourbon ice cream with cornflakes! We source the best ingredients possible and make all of our ice cream locally in California. Now, we're raising money to expand our wholesale business across the country.

Perks

$2,000+ for $40 Humphry Slocombe gift card
$50,000+ Ice cream tasting at our original Mission shop with the CEO

Key Deal Facts

Pint shipments at 105% growth (CAGR) from 2016 to 2018.
Four scoop shops in CA.
Sold in 568+ grocery stores across 12 states, adding 41 every quarter.
Named "Top 5 Ice Cream in America" by the Food Network.
Collaborations with Queer Eye, Maker's Mark, Imperfect Produce, Blue Bottle, the Glenlivet, Cowgirl Creamery, and more.
Award winning ice cream (2018 Sofi for Black Sesame and 2016 Sofi for Blue Bottle Vietnamese Coffee).
Whole Foods Market 2018 NorCal Supplier of the Year
Launching in 25 NY Metro grocery stores in August 2019.

Use of Proceeds

Opening New Retail (including construction and build out of new retail space, furniture, fixtures and equipment for new space, firing and training of new staff for new location), Wholesale Expansion, Optimize Existing Stores, Wefunder Intermediary Fees

Management Team / Advisory Board Bios

Jina Osumi
CEO
Former Director of Brand Strategy at Del Monte Foods, Former Global Senior Brand Manager for Pepsi

Hanson Li
Board Member
Founder of Salt Partners Group- development and investment company in the food & beverage industry

Jake Godby
Founder and Executive Chef
Experience working in San Francisco’s fine-dining restaurants: Boulevard, Zuni, Fifth Floor and Coi

Deal Notes

$91.94 per share

Amount Raised : $273,246

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Security Description

Preferred securities are a type of investment that generally offers some sort of preferred treatment through a dividend or preferred treatment in a liquidation.

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