Jar Goods

Jar Goods

Helping people realize the fullness of their lives through quick and easy foods

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Security Type
Crowd SAFE
Categories
Consumer Goods & Products
Min Investment
$100
Location
Glen Rock, NJ
Offering Date
May 06, 2020
Expected Close Date
September 01, 2020
Target Raise
$25.00K-$1.07M
Deal Notes

Discount: 20%

Company Description

Foods in ready-to-cook grocery categories haven't changed in ages.  They don't deliver what today's consumers needs!  Especially pasta sauce, which is a pillar of the pantry. Cheap brands are price and profit driven, do not taste good and contain artificial ingredients or large amounts of sugar or salt. On the other end of the spectrum, pricier brands focus on irrelevant stories about their restaurant, the 'old country,' or a celebrity chef but don't necessarily deliver a superior product. They're so 'brand-centric' - focused on themselves and their spot in the market, as opposed to what their products bring to consumers' lives.

Key Deal Facts

Next-generation grocery brand poised to disrupt ready-to-cook categories
Products available in 1300 stores through 4 key distributors and online
Beat out thousands of other start-ups for a spot in the Chobani Incubator
Over $350,000 raised from Friends & Family alone
Non-GMO Verified Products and Women-Owned Certified Company
Fully commercialized product line already generating rave reviews
$725M total addressable market in current category alone

Deal Notes

Discount: 20%

Amount Raised : $0
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Security Description

An equity crowdfunding specific version of a SAFE used by crowdfunding portal Republic. Upon conversion (if and when that happens), investors may receive special shares with limited rights that do not show up on a company’s cap table. The issuer may roll over and not convert shares at the next financing round causing investors to lose out on some upside.

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