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et Oliva

Patrick is growing his Mediterranean food provisions business to keep up with demand!

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Security Type
Common Stock
Food & Bev
Expected Close Date
November 30, 2023
Target Raise
Security Price
Number of Employees
Short Term Debt
Cost of Goods
Long Term Debt
Net Income

Company Description

et Oliva sources, produces, and distributes high-quality Mediterranean food provisions. et Oliva evolved from a passion for great food and a desire to share that food and drink with friends and family. The flavors, while bright and ingredient focused, have complex histories that are enigmatic of a climate and people who continue to live in one of the most beautiful places in the world. et Oliva strives to create and bring these artisan flavors to your table. They are a small, independent LGBT owned and operated company.

Key Deal Facts

Founded by the Carmona family, their passion for olive oil production has been handed down through generations, ensuring that each bottle of et Oliva's olive oil carries with it decades of expertise and tradition., One of the secrets to et Oliva's exceptional olive oil lies in their commitment to freshness. They take the term "extra virgin" seriously, as they hand-pick their olives and cold-press them within hours of harvesting., This Simple Agreement for Future Equity (SAFE) investment in et Oliva has a post-money valuation cap of $4M and a discount rate of 80%. This means, that at a future financing event (such as a new funding round or a sale of the company) your investment will convert to shares in et Olivia at a valuation that is the lesser of a 20% discount to the valuation at the future financing event or $4M.

Amount Raised : $0
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Security Description

Common stock is a security that represents ownership in a corporation.

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