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Security Type
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CAFES
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Categories
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Financial Services, Retail, Consumer Goods & Products
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Min Investment
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$100
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Location
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Philadelphia, , PA
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No. Investors
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159
Key Deal Facts
Proudly building American manufacturing and providing high quality jobs in an underserved community
$2M in ‘23 Revenue, 66% YoY growth
Expanded from a 6k to 26k sqft manufacturing facility in the Kensington neighborhood of Philadelphia
Collaborations with Underdog (Jason Kelce), Houseplant (Seth Rogen), Death & Co, Megan Rapinoe
Major supply agreement with Danny Meyer's USHG for rapidly expanding property
Producing tableware for 200+ restaurants, including multiple Michelin star + James Beard winners
Raising capital for equipment and build out of our new manufacturing facility
Management Team / Advisory Board Bios
$1M+ Revenue
Earned over the last 12 months, Nate Mell Founder / CEOGrowing a multimillion dollar company from scratch., Lauren MabryHead of Glaze DevelopmentHead of Glaze Development, Lauren has decades of experience as a ceramic artist. She is the recipient of a Pew fellowship and has work in many permanent collections., Nilton DuqueHead of Growth (Fractional)Head of Growth, Nilton came on in 2022 with over 15 years of experience in growing DTC brands online. He has been instrumental in helping to double DTC revenue and build a framework for continued growth since joining the team., Madison AlpernDirector of Business DevelopmentOver 15 years in Hospitality and interior design sales. Madison has worked with top chefs from around the world and global clients like SoHo House among others. The latest member of the team, Madison is helping shape the future of FF sales., Betti WrightProcess ManagerSince joining the team in 2021, Betti has spearheaded dozens of growth initiatives in our manufacturing process, including the onboarding of new equipment and implementation of new process efficiencies.
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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.