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Security Type
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Convertible Note
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Categories
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Retail, Food & Bev
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Min Investment
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$250
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Offering Date
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December 16, 2021
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Expected Close Date
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April 30, 2022
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Target Raise
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$50.00K-$1.07M
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No. Investors
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51
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Security Price
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$1
- Number of Employees
- 2
- Cash
- $0
- Revenue
- $159,927
- Short Term Debt
- $156,869
- Cost of Goods
- $212,850
- Long Term Debt
- $1,644,076
- Net Income
- $-724,530
Company Description
We're reinventing plant-based foods, by harnessing the power of PLANTS, making delicious nourishment accessible to ALL. It's better for our bodies, our spirits and our planet.
Perks
250 - Your name listed on our website as an early investor (with your consent)
1500 - A year's supply of Worthy Bowls (one variety 12 pack per month)
15000 - A year's supply of Worthy Bowls (one variety 12 pack per month) and quarterly updates.
Key Deal Facts
Category Creating, Award Winning Product
Huge opportunity to innovate and lead the $160B Plant Based market
Founders proven brand builders & winner of PepsiCo WomanMade Competition
Investors & Advisors from industry leaders like Coca Cola, PepsiCo, Unilever, UBER, Vitamin Water
Award winning: NEXTY nominated and PepsiCo WomanMade
Mission Driven: Certified B-Corp, Worthy Movement
Use of Proceeds
- ($50,000) 50% to Scale Operations: ingredient contracting and supply chain optimization; 23.5% sales support with expanded broker network; 20% marketing spend; 6.5% WeFunder fee
- ($1,070,000) 35% to Scale Operations: ingredient contracting and supply chain optimization; 26% sales support with expanded broker network; 25% marketing/pr spend; 6.5% WeFunder fee; 7.5% R&D for line extensions