TrailFork
Early Stage
Instant dehydrated meals in biodegradable packaging
Overview
Raised: $0
Total Commitments ($USD)
Platform
SeedInvest
Start Date
08/15/2019
Close Date
10/04/2019
Min. Goal
$25,000
Max. Goal
$500,000
Min. Investment
$1,000
Security Type
Convertible Note
SEC Filing Type
RegCF
/ RegD 506(c)
Valuation Cap
$3,000,000
Discount
0%
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
09/10/2019
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$0
Momentum
Not Funded
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Year Founded
2018
Industry
Food, Beverage, & Restaurants
Tech Sector
TrailFork, with a valuation cap of $3 million, is raising crowdfunding on SeedInvest. The company makes instant dehydrated meals and delivers them in biodegradable and home-compostable packaging. Thus, TrailFork offers healthy meals without waste. TrailFork was founded by Lillian Hoodes, Cristyn Hypnar, and Kira Hill-Filben. The current round of crowdfunding has a total size of $500,000, and the proceeds will be used for marketing & advertising, new hires, inventory, and working capital. TrailFork was launched at 10 locations in the fall of 2018 and has already grown to 47 locations by 2019. The company resulted in doubling its total 2018 revenue in the first half of 2019 itself.
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