Valerie’s
Early Stage
The Healthy, Delicious, Vegan, Drive-Thru.
Overview
Raised: $15,075
Total Commitments ($USD)
Platform
Wefunder
Start Date
03/18/2021
Close Date
08/13/2021
Min. Goal
$50,000
Max. Goal
$1,070,000
Min. Investment
$100
Security Type
Convertible Note
Series
Pre-Seed
SEC Filing Type
RegCF
Early Bird Val. Cap
$3,500,000
Valuation Cap
$4,000,000
Discount
10%
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
08/30/2021
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$103
# of Investors
13
Momentum
Not Funded
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Year Founded
2020
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
Valerie’s, with a $4 million valuation cap, is raising funds on Wefunder. The business offers healthy and delicious vegan food through a convenient drive-through. The customers can shop through the restaurant’s app and take safe and contactless delivery with the drive-through option. Valerie Bendish founded Valerie’s in November 2020. The current crowdfunding round has a minimum target of $50,000 and a maximum target of $1,070,000, and the proceeds will be used for public relations, paid advertising, purchase orders, employees’ salaries, and startup costs for the physical location. Valerie’s works as an omni-channel business, with multiple revenue streams, including retail, online, pick-up, and delivery.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$135,000 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-9,917 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$3,000 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$138,000 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 03/18/2021
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