Tia Lupita

Mexican food that's better for you and the planet

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Security Type
Convertible Note
Categories
Retail, Food & Bev, Community & Lifestyle
Min Investment
$100
Location
Tiburon, CA
Expected Close Date
April 30, 2022
Target Raise
$50.00K-$750.00K
No. Investors
107
Security Price
$1
Number of Employees
3
Cash
$149,748
Revenue
$752,806
Short Term Debt
$127,257
Cost of Goods
$802,390
Long Term Debt
$1,154,416
Net Income
$-602,267

Company Description

💸 2X YoY revenue growth, D2C sales 3Xing MoM
💰 912K in gross revenue in 2020, projected to reach $4M next year (not guaranteed)
✅ Sold in 4000+ stores like Whole Foods, Sprouts, Wegmans, HEB, & Fresh Market. Also sold on Amazon and D2C platforms
📣 Featured in Today, Fox News, NBC, Yahoo News, Forbes & more
📈 Total hot sauce category growing 20% YoY, according to Nielsen
🌍 Internationally-inspired food brands have grown more than 2X other brands in the past 2 yrs

Management Team / Advisory Board Bios

Hector Saldivar FounderI am an immigrant with 14 years of CPG experience. I started as a field rep and have moved up the ranks at Nestle USA, Diamond Foods, & beyond. I am passionate about food and my background! I am a firm believer that good food has the power to unite., Amy Kaufman Co-founderAmy began her career in public accounting at Ernst & Young. She also spent a few years in finance at an internet start-up before pivoting into recruiting. At Tia Lupita, Amy oversees all finance, accounting, HR, and legal., Cam Morris Head of Customer Success, D2C and Alt-Channels, Vince Giudice Head of Operations & Supply Chain
Amount Raised : $117,850
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Security Description

A convertible security is a security that can be converted into another security, typically equity in the next round of financing.

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