-
Security Type
-
Equity
-
Categories
-
Other
-
Min Investment
-
$250
-
Offering Date
-
June 26, 2020
-
Expected Close Date
-
September 26, 2020
-
Target Raise
-
$10.00K-$1.07M
-
Deal Notes
-
$1.00 per share
-
Valuation
-
$5,000,000
Company Description
Macro Snacks are macronutrient balanced, plant-based protein snacks designed to help you reach your health goals. We’ve created tasty snacks in the flavors you love, optimized with complex carbs and healthy fats. Our gluten-free, NON-Gmo, vegan and kosher snacks contain essential macronutrients that allow you to indulge while getting the nutrition you need.
Perks
$500+ (20% off, first 6 months, 1-month supply for free)
$1,000 (20% off, first 12 months, 3 month supply for free)
$5,000+ (25% lifetime, 3-month supply for free)
$10,000+ (25% lifetime, 6-month supply for free+ 5% bonus shares)
$25,000+ (25% lifetime, 1-year supply, manufacturing tour, new flavor development testing, early access to new products + 10% bonus shares)
$50,000+ (25% lifetime, 1-year supply, manufacturing tour, new flavor/product development testing, early access to new products + 15% bonus shares)
*All perks occur when the offering is completed.
Key Deal Facts
Strong growth in 2020, revenue has reached over $100,000 while maintaining gross margins of 72-75%
Repeat customer count steadily increased month-over-month since February 2020
The global “healthy snacks” market size is expected to reach $32.3 billion by 2025, rising at a market growth of 5.07% CAGR, while the plant-based snacks market is projected to record a striking CAGR of over 8% through 2028.
Use of Proceeds
Inventory: 5 - 96.5%
Marketing: 0 - 30.0%
Company Employment: 0 - 20.0%
Research & Development: 0 - 10%
Working Capital: 0 - 31.5%
StartEngine Platform Fees: 3.5%
Management Team / Advisory Board Bios
Justin Wiesehan
Founder and CEO
Justin is a serial entrepreneur. Prior to starting Macro Snacks, Justin co-founded Mistic Electronic Cigarettes, a first mover in the e-cigarette industry from 2012-2017. Mistic was a top 3 brand and was in 70,000 retail doors including Walmart, Walgreens, Circle K, Dollar General, Family Dollar, and more.