Down to Cook

Down to Cook

Nutritious plant-based ground meat alternatives that use whole, fresh vegetables

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Claim My Business
Form C
View on Republic
Security Type
Crowd SAFE
Categories
Consumer Goods & Products
Min Investment
$100
Location
EL CERRITO, CA
Offering Date
January 23, 2022
Expected Close Date
April 28, 2022
Target Raise
$25.00K-$1.07M
No. Investors
149
Security Price
$1
Website
addaveggie.com
Number of Employees
0
Cash
$64,698
Revenue
$19,336
Short Term Debt
$2,560
Cost of Goods
$11,881
Long Term Debt
$140,000
Net Income
$-24,331

Company Description

Instead of engineering plant-based food that attempts to mimic animal products as closely as possible, we take a different approach: products that elevate vegetables to the center of your meal.

Perks

Reserve
$100
Receive
50% discount on Adda Veggie for 1 month

Reserve
$300
Receive
50% discount on Adda Veggie for 1 year

Reserve
$500
Receive
All of the above
Adda Veggie T-shirt - "Veggies. The original plant-based food."

Reserve
$1,000
Receive
All of the above
Parent and child matching Adda Veggie aprons

Reserve
$5,000
Receive
All of the above
Invitation to private Adda Veggie party in Berkeley, CA with other major investors

Reserve
$10,000
Receive
All of the above
Invitation to Adda Veggie Early Access Program for exclusive samples of new Adda Veggie flavors plus the ability to influence new products before they launch.

Reserve
$25,000
Receive
All of the above
Special Adda Veggie recipe created for you and shared via 1-on-1 video call with our founders

Reserve
$50,000
Receive
All of the above
Dinner with the founders in the San Francisco Bay Area

Key Deal Facts

Plant-based, whole-foods based meat alternatives—just add a veggie!
Founded by a PhD formulation scientist, woman- and minority-owned
$250K revenue YTD in 2021, more than 10X growth from 2020
National distribution with Imperfect Foods and Misfits Market
Launching in Whole Foods in February 2022
Recent press in Forbes, Shape Magazine, Entrepreneur, SELF and more
$200K+ in funding to date from angel investors
Amount Raised : $63,870
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The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
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The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
ⓘ
The experience of the management team in running, scaling and/or exiting a business that required similar skills to execute the business plan.
Management Team
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The value of the company compared to similar companies raising money from investors.
Valuation

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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