Blackbird Foods

Plant-based brand of frozen pizza and plant-based meats

Security Type: Convertible Note
Categories: PBC & B Corp, Notable Angel, Food and Bev, Consumer Goods, B2C
Min Investment: $100
Location: Long Island city, NY
Expected Close Date: April 29, 2024
Target Raise: $50.00K-$1.24M
Security Price: $1
Website: blackbirdfoods.com

Number of Employees: 30
Cash: $197,287
Revenue: $2,808,190
Short Term Debt: $127,884
Cost of Goods: $1,928,017
Long Term Debt: $2,580,400
Net Income: $1,318,770

Key Deal Facts

In just three years, we've built a nationwide brand with 2,500 distribution points including Target & Whole Foods
Our wheat protein has meat-like texture and versatility that comes from our proprietary process
Our revenue run rate has exceeded $3.6mm for 2022
We have a strong restaurant presence in the northeast, including Motorino Pizzeria and Beyond Sushi
Our products are chef-approved and made 100% from plants with only the most fresh ingredients
The U.S. Plant-Based Market is projected to hit $4.15 billion by 2026

Management Team / Advisory Board Bios

Emanuel Storch CEOPrevious Founding Member at Simply Gum. Led the company through its expansion from a few stores to nationwide distribution. With his passion for sustainable, restaurant grade, plant-based foods, Blackbird was launched at the start of 2020., Mike Pease Co-founder, Director of OperationsMichael is a pioneer in the food space, first managing and growing NYC’s premier plant based restaurants like Candle 79 and Cafe Blossom, and then founding Terri, NYC’s first chain of plant-based fast casual restaurants., Pearl Amin Chief of Staff Previous: Venture Investment Associate, Tia Franzone Business Development ManagerPrevious: Manager at UNFI and Corporate Essentials, Abby Thaine Marketing ManagerPrevious: Owner of Vegan Bakery, Batter and Cake, Damian Athapattiou Operations ManagerPrevious: Manager of NuLeaf. Licensed Real Estate Agent

Amount Raised : $2,021,155

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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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