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

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Security Type
Convertible Note
Food and Bev, Hardware, Female Founder
Min Investment
Galena, OH
Expected Close Date
April 30, 2023
Target Raise
No. Investors
Security Price
Number of Employees
Short Term Debt
Cost of Goods
Long Term Debt
Net Income

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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