Overview

Raised to Date: Raised: $89,953

Deal Terms

Investment Momentum

Company Profile

Deal Summary

Financials

Funding History

Growth Charts

Total Commitments ($USD)

Platform

Wefunder

Start Date

01/05/2020

Close Date

04/29/2020

Min. Goal

$50,001

Max. Goal

$199,999

Min. Investment

$100

Security Type

Equity - Preferred

Series

Seed

SEC Filing Type

RegCF    

Price Per Share

$2.00

Pre-Money Valuation

$2,000,000

Rolling Commitments ($USD)

Status

Funded

Reporting Date

05/02/2020

Days Remaining

Funded

% of Min. Goal

Funded

% of Max. Goal

Funded

Likelihood of Max

Funded

Avg. Daily Raise

$789

# of Investors

120

Momentum

Funded

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Narrative Food

Year Founded

2010

Industry

Food, Beverage, & Restaurants

Tech Sector

Retailtech

Distribution Model

B2C

Margin

Low

Capital Intensity

High

Location

Los Angeles, California

Business Type

Life Style

Company Website

Narrative Food, with a pre-money valuation of $2 million, is raising funds on WeFunder. The company delivers food with stories and memories and helps people value good and clean food. Narrative Food also connects people and their stories to create a large Narrative Food community. The company sources locally-grown, organic, and nutritional food and delivers it to customers across Southern California. Narrative Food was founded by Jennifer Piette in 2010 and has raised over $150,000 since its inception. The current round of crowdfunding has a minimum target of $50,001 and a maximum target of $199,999, and the funds will be used towards marketing, advertising, and hiring. Narrative Food has earned over $3.5 million in lifetime revenues and has delivered over 33,000 orders to more than 3,000 customers.

Summary Profit and Loss Statement

	Most Recent Year	Prior Year
Revenue	$0	$0
COGS	$0	$0
Tax	$0	$0
Net Income	$0	$0

Summary Balance Sheet

	Most Recent Year	Prior Year
Cash	$0	$0
Accounts Receivable	$0	$0
Total Assets	$0	$0
Short-Term Debt	$0	$0
Long-Term Debt	$0	$0
Total Liabilities	$0	$0

Financials as of: 01/05/2020

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Raise History

Offering Name	Close Date	Platform	Valuation/Cap	Total Raised	Security Type	Status	Reg Type
Narrative Food	04/28/2020	Wefunder	$2,000,000	$89,953	Equity - Preferred	Funded	RegCF
Narrative Food	01/16/2020	Wefunder	$1,750,000	$20,624	Equity - Preferred	Not Funded	RegCF

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• Price per Share
• Valuation
• Revenue
• Employees

Price per Share Valuation Revenue Employees

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

Founder Profile: Narrative Food

Food is intrinsic to not only survival, but also the formation of culture, family, and memories. As pre-packaged meals and fast food seem to dominate the food landscape, some believe that we lose connection to our community and environment. Narrative Food was created to help revivify that connection in southern California while also supporting local farmers and families.

We sat down with founder Jennifer Piette to learn what cooking means to her, how her business has changed due to the current pandemic, and where she sees it all going-

Read Founder Interview