Sweetberry on Republic

Superfood made with good vibes

Raise to date: $199,857

Reporting Date: 12/04/2019

Key Stats

Minimum Raise

$100,000

Maximum Raise

$1,070,000

Likelihood of Max Likely
Start Date

11/11/2019

Stop Date

03/06/2020

Days Remaining

92

Security Type

SAFE

Investment Minimum

$100

Deal Type

No Review


Investment Summary

Status

Active

# of Investors

682

% of Minimum Raised

200%

% of Maximum Raised

19%

Dollars Per Day to Reach Max

$9,458

DPD* Committed

$8,689

DPD* Category

$0

DPD* All Companies

$1,441

Kingscrowd Momentum

$199,857

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

Sweetberry, with a valuation cap of $9 million, is raising funds on Republic. The company is known for its healthy superfood concept that brings fresh food and good vibes to the local community. The products include healthy and customized Acai Bowls, Poke Bowls, salads, wraps, smoothies, and vegan ice-cream. Sweetberry was founded in September 2017 by Desi Saran and has raised more than $1 million in previous rounds of funding. The proceeds of the current crowdfunding round, with a minimum goal of $100,000 and a maximum goal of $1,070,000, will be used to hire more talent, to fund corporate build-outs, and for franchise growth and development. Sweetberry already has 19 locations nationwide and plans to grow to 30 locations by 2020. The company generated over $2 million in revenues in 2018 and expects to generate more than $4 million in 2019.

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