Kassumay

Bacary is developing a line of West African inspired sparkling drinks!

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Categories
Prepared Foods
Location
WARREN, RI
Expected Close Date
April 27, 2023
Target Raise
$25.00K-$50.00K
Security Price
$1
Website
kassumayllc.com
Number of Employees
4
Cash
$5,843
Revenue
$83,101
Short Term Debt
$291
Cost of Goods
$27,936
Long Term Debt
$-12,601
Net Income
$2,837

Company Description

Kassumay is a producer of West African inspired fruit spreads, jams, and sparkling drinks. Owner Bacary is a Senegalese immigrant who wanted to introduce the United States to the distinct flavors of the hibiscus flower, native to the southern region of Senegal. Kassumay sells their products direct-to-consumer through its e-commerce site, as well as wholesale through grocery retailers like Whole Foods. Kassumay’s fruit spreads are 100% natural, simple, and made from traditional recipes using modern processes.

Key Deal Facts

Kassumay brings distinct West African flavors to American consumers, while supporting female farmers in Senegal., Before immigrating to the United States, owner Bacary worked for more than ten years, in the harvest, treatment, and sale of produce in Senegal’s southern region., Founded in 2020, Kassumay doubled 2022 year-over-year revenue and had a profitable year!
Amount Raised : $800
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