Homefree

Homefree

Allergy-friendly "treats you can trust"

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Security Type
Convertible Note
Categories
Other
Min Investment
$6
Offering Date
February 26, 2019
Expected Close Date
May 27, 2019
Target Raise
$125.00K-$600.00K
Deal Notes

Investors in the first $150,000 will receive a $4,500,000 valuation cap.

Also, entry to win cookies for a year! We want to give extra thanks to our early birds investing at least $1,000 by entering you in a special raffle. When we reach $125,000, we’ll celebrate by picking one of you as a winner for cookies for a year! Chances to win will be better than 1 in 125. When we reach $300,000, we’ll select another winner out of all the $1000+ investors to date!

Each of the two winners will have your choice of package type and flavors: Every month for a year we will ship either a case of 6 5-oz. boxes or a case of 30 single serve bags to you or to the happy recipient of your choice!

6% interest

15% discount

Company Description

At Homefree, we make "one cookie for all" - cookies that essentially everyone can enjoy, including people with food allergies and other special diets. This includes peanut free, tree nut free, egg free, dairy free, and gluten free, all at the highest standard. We even test ingredients in-house to ensure the safety of our foods. But don't let allergy-friendly fool you into thinking our cookies aren't delicious, because they are. They've won numerous awards for taste and health.

Perks

$250+ Entry to win one of two cookie prizes, with your choice of package type and flavors: 2 3lb. bulk boxes of mini cookies (about 300 cookies per box) or 3 30-pack cases of single serve bags.
$500+ A "welcome to our team" letter. Along with the letter you will receive 5 coupons, each for .55 off a box of Homefree cookies. Use the coupons yourself, or use them to spread the word to friends and family!
$1,000+ A thank you on Homefree's social media, with option of it having your name, a gifted name, and/or a photo of you or a loved one with Homefree cookies.
$2,500+ 10 coupons to share for .55 off a box of cookies (in addition to the previous 5 coupons). Also, 2 more entries into the drawing for the two cookie prizes (described at the $250 level).
$5,000+ A Homefree hat to wear proudly!
$10,000+ Entry in a lottery for one prize for up to 4 people to visit the Homefree kitchen during production (of course while maintaining Homefree's standards for allergen-related care). The winner will: Select the flavor of the day, take (or mail) home enough from the day's production to feed a party of 50 people, and be provided with a hotel room for the night before the visit.
$25,000+ A limited edition Homefree hooded sweatshirt. Also two additional entries in the lottery for the special Homefree visit!

Use of Proceeds

Intermediary Fee: 5%

Promotions and Marketing: 39% - 26%

Hiring: 52% - 45%

Increased Employee Pay: 4% - 8%

Network Upgrades: 0% - 7%

Equipment for New Products: 0% - 6%

New Forklift: 0% - 3%

Management Team / Advisory Board Bios

Jill Robbins - Founder/President
Passionate Allergen-Free Recipe Developer, Pre & post doctorate training from Harvard Medical School

Deal Notes

Investors in the first $150,000 will receive a $4,500,000 valuation cap.

Also, entry to win cookies for a year! We want to give extra thanks to our early birds investing at least $1,000 by entering you in a special raffle. When we reach $125,000, we’ll celebrate by picking one of you as a winner for cookies for a year! Chances to win will be better than 1 in 125. When we reach $300,000, we’ll select another winner out of all the $1000+ investors to date!

Each of the two winners will have your choice of package type and flavors: Every month for a year we will ship either a case of 6 5-oz. boxes or a case of 30 single serve bags to you or to the happy recipient of your choice!

6% interest

15% discount

Amount Raised : $95,107
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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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