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Tally Kids

Nutritious plant-based milk and toddler formula for kids!

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Security Type
CAFES
Categories
Retail, Food & Beverage, Childcare
Min Investment
$100
Location
Denver, CO
Expected Close Date
April 29, 2024
Target Raise
$50.00K-$800.00K
No. Investors
50
Security Price
$1
Website
drinktally.com
Number of Employees
2
Cash
$38,469
Revenue
$0
Short Term Debt
$136,371
Cost of Goods
$0
Long Term Debt
$20,000
Net Income
$-47,568

Key Deal Facts

Market Opportunity: Expand $3B Plant-Based Milk Market to the densest milk consumers: KIDS! Team: A Nutritional Biochemist, CEO, and President who are experienced plant-based operators. Sales Traction: First purchase orders totaling $28,478 shipped early May 2023. First Customers: Pete's Fresh Markets, Lassen's Markets + dozens of new stores through UNFI & KeHE Innovation: Organic Oatmilk Toddler Formula + Probiotics first production August 2023! Press: Featured in BevNet and Vegconomist. Search "Tally Kids BevNet" and "Tally Kids Vegconomist" Awareness: Join e-mail list via www.drinktally.com and follow @drink_tally on Instagram

Management Team / Advisory Board Bios

Kyle Watts CEO12 Year Plant-Based Milk veteran. Worked for the largest plant-based milk companies and the smallest. Founded Tally Kids to capitalize on an identified market opportunity serving kids a nutritious plant-based milk., Jon Gabayzadeh PresidentMaster product formulator and experienced entrepreneur. Formulated and launched Simply Eggless, now in Trader Joe's and 4,000 other stores nationwide., Susan Fluegel Nutritional & Regulatory ExpertPHD, Nutritional Biochemistry

Amount Raised : $70,750
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Security Description

A CAFES (Contract and Future Equity Stake) can convert into different types of equity upon a Triggering Event, such as: common or preferred stock for a corporation, limited partnership interest for a limited partnership and membership interest for a limited liability company. At the time of the Triggering Event, the specific rights and limitations associated with the equity stake being issued to the investors will be determined and disclosed by the Entrepreneur.

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