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Categories
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Retail, Sustainability, Financial Services, Food & Bev
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Min Investment
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$100
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Location
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Fayetteville, AR
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Expected Close Date
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April 30, 2023
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Target Raise
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$50.10K-$1.07M
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No. Investors
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34
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Security Price
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$117.33
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Valuation
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$4,000,000
- Number of Employees
- 2
- Cash
- $209,489
- Revenue
- $306,160
- Short Term Debt
- $58,765
- Cost of Goods
- $186,426
- Long Term Debt
- $97,716
- Net Income
- $-660,490
Key Deal Facts
🌎 $4B nut-based spreads category
✅Sold in 1,000+ stores including: Whole Foods, Sprouts, Safeway, and Albertsons.
💰 Raised $1M in previous round
📈 Grown 143% from 2019 to 2021
🥜Projected $1.16M Revenue in 2023 (not guaranteed)
Management Team / Advisory Board Bios
Austin Simkins Co-FounderAustin received his undergraduate degree in agricultural business and his MBA in Supply Chain from the University of Arkansas. Before launching Natural Way, Austin worked for Startup Junkie where he consulted hundreds of startups., Quinn Simkins Co-FounderBefore starting Natural Way with his brother, Quinn worked for Tyson Foods on the Mergers
and Acquisitions team. His financial background
has helped the company be lean with financial resources to build a strong base for Natural Way., Mikaela Simkins Operations and Product Development ManagerMikaela has experience working with food manufacturing where she managed operations for hundreds of SKUs and a 15-person production team. She comes to the team with experience developing new products with a focus on current and future food trends.