VTaste Cakes

VTaste Cakes

Rich. Flavorful. Natural.

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Security Type
Secured Loan
Categories
Retail
Min Investment
$100
Location
Tucker, GA
Offering Date
September 28, 2021
Expected Close Date
November 16, 2021
Target Raise
$15.00K-$50.00K
Security Price
$1

Company Description

VTasteCakes is a vegan bakery located in the Metro-Atlanta area that provides bespoke cakes, cupcakes, muffins, cookie dough, and cookies with no dairy, no eggs, and absolutely no animal by-products. We, at VTasteCakes, decided to create vegan desserts that not only tasted great but are also aesthetically pleasing and most importantly safe for those with allergies and or food preferences, to enjoy.

Key Deal Facts

Launched in 2018 after winning 1st place at the Fabricate Pitch Competition for their full suite of vegan desserts.
VTasteCakes custom to go orers thrived despite the pandemic sales tripled in 2020.
Won 1st place in the Next Big Idea Competition.

Management Team / Advisory Board Bios

Jasmyn Reddicks, Co-Owner
Jasmyn holds a dual studies degree in Food Science and Marketing from the University of Georgia, where she has found a way to transform her grandmother's recipes into delicious natural vegan baked goods! When she had the opportunity to enter into a pitch contest, on-campus, with her idea of creating desserts that didn't include dairy, eggs, or animal by-products, she went for it and won first place as the only minority undergraduate team against graduate student teams.

Aneesha Reddicks, Co-Owner
Aneesha has been working with VTasteCakes since the official launch in 2018. In 2020, she became more hands-on and took on a managing role in the business. Aneesha's background in marketing, project management, and business analytics has proved to be very helpful for the progression of the company. Aneesha holds a Bachelors's in Marketing and a Master's of Science in Business Analytics.
Amount Raised : $0
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Security Description

Secured debt is debt backed or secured by collateral to reduce the risk associated with lending. If the borrower on a loan defaults on repayment, the debt holder can seize the collateral, sell it, and use the proceeds to pay back the debt. Assets backing debt or a debt instrument are considered as a form of security, which is why unsecured debt is considered a riskier investment than secured debt.

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