Sugarfina

Neutral
BETA

Candy made for grown-ups

Analytics

Raised to Date: $449,907

Aggregate Commitments $
Platform

StartEngine

Start Date

11/05/2020

Close Date

04/30/2021

Min. Goal

$500

Max. Goal

$25,875,000

Min. Investment

$500

Security Type

Equity - Common

Funding Type

RegA+

Series

Series A

Pre-Money Valuation

$125,000,000

Weekly Commitments $
Status

Active

Reporting Date

02/24/2021

Days Remaining

63

% of Min. Goal

89,981%

% of Max. Goal

2%

Likelihood of Max
Avg. Daily Raise

$4,053

# of Investors

331

Momentum
Location

El Segundo, California

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

High

Business Type

Life Style

Sugarfina, a candy brand for grown-ups, is raising funds on StartEngine through Reg A+ crowdfunding. The company has redefined the confectionery market with its comprehensive line of luxury sweets for everyone. The products are focused on luxury, playfulness, and innovation, in addition to deliciousness. Scott LaPorta founded Sugarfina in 2019. The current round of funding does not have a minimum target and a maximum target of $25,875,000. The proceeds will be used for product development, brand marketing, development of a new warehouse, and working capital. Sugarfina is an iconic brand with over 470,000 e-commerce customers. It has generated over $18 million in revenue since its inception.

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