Annie May's Sweet Cafe

Annie May's Sweet Cafe

Early Stage

The #2 Ranked Allergy-Free Bakery

The #2 Ranked Allergy-Free Bakery

Overview

Raised to Date: Raised: $0

Total Commitments ($USD)

Platform

Wefunder

Start Date

01/05/2020

Close Date

02/28/2020

Min. Goal
$200,000
Max. Goal
$1,000,000
Min. Investment

$100

Security Type

Convertible Note

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$9,000,000

Discount

0%

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

02/25/2020

Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise

$0

Momentum
Not Funded
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Year Founded

2018

Industry

Food, Beverage, & Restaurants

Tech Sector

Location

Newtonville, Massachusetts

Annie May’s Sweet Cafe, with a valuation cap of $10 million, is raising funds on WeFunder. Annie May’s is the number 2 ranked allergy-free bakery. It has acquired rights to open bakeries in seven states and is opening at a new location in Newton, MA. All the products of Annie May’s Sweet Cafe are free of the top eight food allergens. The company was founded by Robert May in Louisville, Kentucky, and the original cafe is growing 30% year-over-year. The proceeds of the current crowdfunding round, with a minimum goal of $200,000 and a maximum goal of $1,000,000, will be used to fund the wholesale and e-commerce business and to open the second bakery. The new location as Newton has been profitable in its very first month of operations, with $5,400 of sales on the first full day.
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Annie May’s Sweet Cafe on Wefunder
Platform: Wefunder
Security Type: Convertible Note
Valuation: $9,000,000

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