ChipMonk Baking on NextSeed

Healthy, nutritionally dense dessert choice

Raise to date: $150,000

Reporting Date: 08/12/2020

Key Stats

Minimum Raise

$75,000

Maximum Raise

$150,000

Likelihood of Max Exceeded
Start Date

07/02/2020

Stop Date

08/31/2020

Days Remaining

17

Security Type

Convertible Note

Investment Minimum

$100

Deal Type

No Review


Investment Summary

Status

Active

# of Investors

161

% of Minimum Raised

200%

% of Maximum Raised

100%

Dollars Per Day to Reach Max

N/A

DPD* Committed

$3,659

DPD* Category

$1

DPD* All Companies

$1,879

Kingscrowd Momentum

$150,000

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

ChipMonk Baking, with a $3.5 million valuation cap, is raising crowdfunding on NextSeed. The company makes healthy and nutritious desserts that are safe for diabetics and fit into keto, low-carb, and other lifestyle diets. The products of ChipMonk Baking include cookies, brownies, and dry mixes to bake at home made from monk fruit and allulose as sweeteners. ChipMonk Baking was founded by Jose Hernandez and David Downing in 2019. The proceeds of the current round of crowdfunding, with a minimum goal of $75,000 and a maximum goal of $150,000, will be used to move baking and production to a larger facility, support online marketing efforts, and hire an operations manager. ChipMonk Baking reported an increase in online sales during the COVID-19 pandemic and has 33% month-over-month growth.

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