Nutr

Plant Based Milk Maker: Make At-Home Nut Milk In Minutes!

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Security Type
Convertible Note
Categories
Food & Bev, Technology
Min Investment
$100
Location
Galena, OH
Expected Close Date
April 30, 2023
Target Raise
$50.00K-$1.07M
No. Investors
289
Security Price
$1
Website
thenutr.com
Number of Employees
3
Cash
$100,352
Revenue
$783,046
Short Term Debt
$384,602
Cost of Goods
$263,673
Long Term Debt
$0
Net Income
$53,956

Key Deal Facts

Machine can make any type of milk, including soy & rice milk
$2.7MM in sales in 12 months (over 17K Nutr Machines sold)
Contracts signed with several nationwide retailers, including Best Buy, Nordstrom, and Macys
$9B bottom-up TAM
Developed proprietary vitamin & mineral powders--launching in Sept 2022
Founders have combined 20+ years of tech and engineering experience

Management Team / Advisory Board Bios

Alicia Long Co-Founder and CEOChinese Immigrant, graduated from the
Ohio State University with Marketing
Degree. Previously worked at Google,
Amazon, and a number of tech start-ups, Dane Turk Co-Founder and CTO/COOGraduated from Ohio University with Mechanical Engineering Degree. With over 15 years of mechanical engineering experience in industrial product development and operations., Ryan Wood Head of GrowthWith nearly $1 billion in business exit value
to date, his growth strategies have a track
record of strong performance and
effectiveness in the CPG lifestyle space., Jeffrey Fidelman CFOA Harvard graduate with over 10 years of experience working with early to mid-stage businesses. He has helped launch and scale several CPG companies in the US and internationally., Elizabeth Prinz Marketing DirectorWith 10 years of experience in early/growth-
stage companies, her industry experience
spans Food & Beverage, hospitality and tech., Juan Ayala Operations DirectorExperienced overseeing CPG end-to-
end supply chain from development
to consumer. Lean Six Sigma (Yellow
Belt) and CSCMP certified., Lauren Ford, Liz Prinz
Amount Raised : $241,106
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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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