MicroSalt

Neutral
BETA

Patented a food nanoparticle that delivers 50% less sodium with full sodium flavor.

Analytics

Raised to Date: $157,539

Aggregate Commitments $
Platform

Microventures

Start Date

12/24/2020

Close Date

06/28/2021

Min. Goal

$25,000

Max. Goal

$250,000

Min. Investment

$100

Security Type

Equity - Preferred

Funding Type

RegCF

Series

Seed

Pre-Money Valuation

$5,000,000

Weekly Commitments $
Status

Active

Reporting Date

01/20/2021

Days Remaining

155

% of Min. Goal

630%

% of Max. Goal

63%

Likelihood of Max
Avg. Daily Raise

$5,835

# of Investors

342

Momentum
Location

West Palm Beach, Florida

Industry

Food, Beverage, & Restaurants

Tech Sector

Foodtech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

High

Business Type

Growth

MicroSalt, with a valuation cap of $5 million, is raising funds on MicroVentures. The company aims to revolutionize the food industry with a patented a sodium nanoparticle engineered to deliver the full flavor experience of salt with half the sodium. MicroSalt’s powdered salt particles are approximately 100 times smaller than regular table salt, allowing them to be rapidly dissolved. The crowdfunding campaign has a minimum raise of $25,000 and a maximum raise of $250,000. The company also sells its own branded SaltMe! potato chips, which use its sodium nanoparticle technology. In May 2020, the company announced that its branded chips were available in 71 storesii throughout the Northeastern U.S. and Texas.

Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$2,557

$0

COGS

$1,412

$0

Tax

$239

$263

 

 

Net Income

$-449,333

$-118,634

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$11,806

$197,998

Accounts Receivable

$9,156

$15

Total Assets

$69,250

$216,734

Short-Term Debt

$1,031

$9,156

Long-Term Debt

$0

$0

Total Liabilities

$1,031

$9,156

Ratings

last updated 01/24/2021

Ratings Platform - Beta Trial

Our new ratings and analytics platform is currently in Beta. To gain access to the Beta platform features, upgrade to a Pro paid account and accept the Beta terms on any page.

For a limited time, use coupon code "TRYMERLIN20" for a free 20 day trial of Kingscrowd Pro and Merlin Beta. Your paid subscription will activate at the end of 20 days. Cancel anytime.
Other Deals

Blendid on MicroVentures

The global smoothie industry total available market has been estimated at $12 billion…

Crowd
Akua on Republic

Almost 10 million people in the United States are vegan. That’s up from just 300,000…

Crowd
Future Proof on Wefunder

Future Proof — formerly BeatBox Beverages — is a rapidly-scaling, millennial-focused alcoholic beverage company. After pitching on ABC’s…

Crowd
Create your first portfolio
WELCOME TO YOUR OWN INVESTMENTS PORTFOLIO ON KINGSCROWD.

Now you can track all of your startup investments in one place utilizing our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
Add MicroSalt on Microventures
Follow company
Follow MicroSalt on Microventures