Natural Machines, Inc.
Early Stage
Award-Winning 3D Food Printer — 300+ customers, $1M+ revenue
Overview
Raised: $43,653
Total Commitments ($USD)
Platform
Wefunder
Start Date
03/23/2020
Close Date
04/29/2020
Min. Goal
$100,000
Max. Goal
$1,070,000
Min. Investment
$100
Security Type
SAFE
Series
Seed
SEC Filing Type
RegCF
Valuation Cap
$49,000,000
Discount
15%
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
05/02/2020
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$1,213
# of Investors
107
Momentum
Not Funded
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Year Founded
2015
Industry
Food, Beverage, & Restaurants
Tech Sector
Foodtech
Distribution Model
B2B
Margin
High
Capital Intensity
High
Natural Machines, with a valuation cap of $15.5 million, is raising funds on WeFunder. The company has created a 3D food printing kitchen appliance, Foodini. The current version of Foodini has seven filed patents and helps to create food capsules that can be filled by the end users with fresh ingredients of their choice. Natural Machines was founded by Emilio Sepulveda and Lynette Kucsma in 2012 and has raised over $4 million since its inception. The current round of crowdfunding has a minimum goal of $100,000 and a maximum goal of $1,070,000, and the funds will be used to speed up sales and to launch the next version of Foodini with the additional ability to cook, with lasers. Natural Machines has already reached over 300 customers with its first product and is backed and funded by multiple grants.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$462,464 |
$167,237 |
|
COGS |
$253,947 |
$129,791 |
|
Tax |
$2,396 |
$750 |
| ||
| ||
|
Net Income |
$-630,088 |
$-2,718,794 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$658,255 |
$442 |
|
Accounts Receivable |
$7,678 |
$81,026 |
|
Total Assets |
$1,796,984 |
$894,587 |
|
Short-Term Debt |
$1,263,478 |
$1,607,923 |
|
Long-Term Debt |
$6,470,598 |
$4,836,422 |
|
Total Liabilities |
$7,734,076 |
$6,444,345 |
Financials as of: 03/23/2020
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