Blue Top Brand on NextSeed

creamy hot sauces

Raise to date: $115,143

Reporting Date: 01/15/2020

Key Stats

Minimum Raise

$252

Maximum Raise

$1,070,000

Likelihood of Max Unlikely
Start Date

11/19/2019

Stop Date

04/30/2020

Days Remaining

103

Security Type

Preferred Stock

Investment Minimum

$252

Deal Type

Deal to Watch


Investment Summary

Status

Active

# of Investors

117

% of Minimum Raised

45,692%

% of Maximum Raised

11%

Dollars Per Day to Reach Max

$9,270

DPD* Committed

$2,020

DPD* Category

$0

DPD* All Companies

$1,076

Kingscrowd Momentum

$115,143

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

Blue Top Brand, with a pre-money valuation of $9.98 million, is raising funds on NextSeed. The company is the manufacturer of creamy street sauces and offers a full line of these sauces in twelve flavors. The top-it-all condiments of Blue Top Brand can be added to anything, including pizzas, soups, salads, and tacos. Blue Top Brand was founded by Chris West and his family in 2015. The proceeds of the current round of crowdfunding, with a minimum goal of $750,000 and a maximum goal of $3,000,000, will be used to scale production, create foodservice packs, support marketing efforts, develop club stores offerings, hire additional staff, and repay existing debts. Blue Top Brand reported sales of $1.66 million in 2018, a sales growth of over seven times from 2016. The sauce of Blue Top Brand is ranked among the top-25 hot sauce in the US by IRI.

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