Do Only Good Certified Pet Nutrition

Neutral
BETA

Healthy dog food with responsibly sourced ingredients

Analytics

Raised to Date: $103,157

Aggregate Commitments $
Platform

Wefunder

Start Date

07/17/2020

Close Date

12/02/2020

Min. Goal

$50,001

Max. Goal

$1,069,999

Min. Investment

$100

Security Type

Equity - Preferred

Funding Type

RegCF

Series

Seed

Pre-Money Valuation

$2,000,000

Weekly Commitments $
Status
Funded
Reporting Date

12/02/2020

Days Remaining
Funded
% of Min. Goal

206%

% of Max. Goal

10%

Likelihood of Max
Funded
Avg. Daily Raise

$748

# of Investors

37

Momentum
Funded
Location

Westlake Village, CA

Industry

Pet Health, Food, and Services

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

Low

Business Type

Growth

Do Only Good Certified Pet Nutrition, with a $2 million pre-money valuation, is raising funds on Wefunder. It is a pet nutrition company that makes healthy and nutritious dog food. The products include super-premium dog food, kibble and cans, and pumpkin supplements. The company aims at ensuring the health and vitality of dogs along with variety in their diets. Do Only Good Certified Pet Nutrition was founded by Rick Pack in 2016 and has raised over $675,000 since its founding. The proceeds of the current crowdfunding campaign, with a minimum raise of $50,001 and a maximum raise of $1,069,999, will be used to support subscription and social media advertising, marketing, and social media content development. Do Only Good Certified Pet Nutrition is a member of the Pet Sustainability Coalition and is committed to ingredient sustainability in pet food.

Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$187,334

$58,240

COGS

$138,097

$28,733

Tax

$800

$800

 

 

Net Income

$-362,258

$-1,966

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$4,812

$19,650

Total Assets

$283,980

$281,456

Short-Term Debt

$120,145

$115,676

Long-Term Debt

$20,000

$0

Total Liabilities

$140,145

$135,676

Ratings

last updated 12/03/2020

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