Salsa God on Republic
Give your tacos some religion.
Raise to date: $251,093
Reporting Date: 01/15/2020
Key Stats
|
Minimum Raise
$25,000 |
Maximum Raise
$1,070,000 |
Likelihood of Max
|
|
Start Date
06/29/2019 |
Stop Date
02/17/2020 |
Days Remaining
30 |
|
Security Type
SAFE |
Investment Minimum
$100 |
Deal Type
No Review |
Investment Summary
|
Status
Active |
# of Investors
942 |
% of Minimum Raised
1,004% |
% of Maximum Raised
23% |
|
Dollars Per Day to Reach Max
$27,297 |
DPD* Committed
$1,255 |
DPD* Category
$0 |
DPD* All Companies
$1,076 |
$251,093
Commitments
Weekly Commitments ($)
Aggregate Commitments ($)
SEC Filing Data from Kingscrowd
Salsa God, the rapidly growing Mexican food brand with a valuation cap of $6 million, is raising funds on Republic. The company offers restaurant-quality and authentic Mexican food specially salsas tortilla chips. It has also invested the single-serve chips and salsa combo packs. Salsa God was founded by Danny Mayans in November 2014. The proceeds of the current round of crowdfunding, with a minimum target of $25,000 and a maximum target of $1,070,000, will be used to fund digital marketing and coupon marketing programs and to launch a new line of fresh salsas. Salsa God already has partnerships with major retailers like Whole Foods and was awarded first place at the 2019 Scovie Awards, the 2019 World Hot Sauce Awards, and the likes.