GoBe Kids

The only snack container with a push button that fosters healthy eating habits in kids!

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Security Type
CAFES
Categories
Food & Beverage, Retail, Consumer Goods & Products, Health & Fitness, Childcare, Financial Services
Min Investment
$100
Location
Raleigh, NC
Expected Close Date
April 29, 2024
Target Raise
$50.00K-$618.00K
No. Investors
104
Security Price
$1
Website
gobekids.co
Number of Employees
4
Cash
$137,312
Revenue
$4,049,671
Short Term Debt
$180,501
Cost of Goods
$3,135,518
Long Term Debt
$1,114,393
Net Income
$-87,114

Key Deal Facts

On the shelves of 6 retailers including Target, Walmart, and Sam's Club.
$4.3M in sales last year.
$400M exit target.

Management Team / Advisory Board Bios

Joseph Blanch FounderJoseph has a B.S. in Mechanical Engineering and previously designed smart kitchen technologies at Hall Labs., Solanda Moran-BlanchCo-FounderSolanda has a B.S. in Public Health. As a mom of four little girls, she is passionate about helping parents and kids thrive., Allison DuggerCOOAllison has a Master's degree and impressive background in college athletics. She started her own business before joining GoBe as the COO., Randee GilmoreCIORandee is a passionate social impact leader with a strong background in marketing. She launched a business at the onset of the COVID-19 pandemic and grew company revenue 112% from 2020 to 2021., Angela Stockdall CFOAngela provides clarity and confidence to decision makers by utilizing data driven metrics. This enabled a construction company to scale from $25M to $100M in revenue.
Amount Raised : $592,520
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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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