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Seed Ranch | GrownAs* Foods

Ridiculously Delicious Plant-based Vegan Mac & Cheese and Spicy sauces

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Security Type
Crowd SAFE
Categories
Food & Bev
Min Investment
$200
Location
BOULDER, CO
Offering Date
September 15, 2023
Expected Close Date
February 12, 2024
Target Raise
$50.00K-$1.24M
No. Investors
84
Security Price
$1
Website
grownasfoods.com
Number of Employees
2
Cash
$168,902
Revenue
$909,389
Short Term Debt
$104,055
Cost of Goods
$496,215
Long Term Debt
$22,341
Net Income
$-212,681

Company Description

Since 1937, Kraft Mac and Cheese has been the leader in this category we call 'Mac and Cheese'. More and more consumers are realizing that this classic they created has ingredients that are not so good for you, including phthalates and sodium phosphate.

Perks

Reserve $200 Receive 30% off GrownAs* Foods & Seed Ranch online orders 2 months Reserve $500 Receive 50% off online orders GrownAs* Foods & Seed Ranch orders for 3 months Reserve $1,000 Receive 50% off online orders GrownAs* Foods & Seed Ranch orders for 3 months Limited Edition T-shirt Reserve $2,500 Receive 1 month supply GrownAs* Foods & Seed Ranch (30 units total) Limited Edition T-Shirt Reserve $5,000 Receive Get a 2 month supply GrownAs* Foods & Seed Ranch (60 units total) Limited Edition T-Shirt Mac Man Yellow Tracksuit Reserve $10,000 Receive Get a 3 month supply GrownAs* Foods & Seed Ranch (90 units total) 2 x Limited Edition T-Shirt 2 x Mac Man Yellow Tracksuit Reserve $25,000 Receive Get a 6 month supply GrownAs* Foods & Seed Ranch (180 units total) 3 x Limited Edition T-Shirt 3 x Mac Man Yellow Tracksuit Reserve $50,000 Receive Same as $25,000 level + quarterly call with David Delcourt for 1 year Reserve $100,000 Receive Same as $50,000 level + Visit in person for plant tour and dinner for 2 people (continental US flight, hotel, misc transportation, and food covered only)

Key Deal Facts

Plant-based is fastest growing CPG market: $8bn (2022) to $37bn (2030) Tastes amazing, even though it's vegan! We are a flavor company. 2023 forecasted sales of $1.2m - 2026 forecasted sales of $10.8m Mac & Cheese launched 0 to 900+ doors in 12 months including Sprouts Sauces in 1,400+ retail locations and featured on hit show Hot Ones Partnering with Sysco to launch cheese sauces into foodservice Seed round of $525k in May 2022 - bootstrapped from 2017-2022

Management Team / Advisory Board Bios

David Delcourt Founder & Chief of Flavor Russell Thomas Director of Marketing Maddie Lutz Customer Success Manager Joshua Onysko Co-Founder | Founder Pangea Organics Jim Kreitman Investor, Advisor | CEO Motherlode Co-Packing Pir Granoff Investor, Advisor | Serial Entrepreneur John Bogosian Investor, Advisor | Co-founder Zingfit John Weiss Investor, Advisor | Co-founder Human Design

Amount Raised : $133,278
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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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