Natural Way Food Group

The ONLY nut butter made with olive oil that's healthier for you and the planet!

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Categories
Retail, Sustainability, Financial Services, Food & Bev
Min Investment
$100
Location
Fayetteville, AR
Expected Close Date
April 30, 2023
Target Raise
$50.10K-$1.07M
No. Investors
34
Security Price
$117.33
Valuation
$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.
Amount Raised : $73,198
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