Vegan Fine Brands

Neutral
BETA

100% Vegan

Analytics

Raised to Date: $187,946

Aggregate Commitments $
Platform

StartEngine

Start Date

01/05/2021

Close Date

05/01/2021

Min. Goal

$10,000

Max. Goal

$358,615

Min. Investment

$100

Security Type

Equity - Common

Funding Type

RegCF

Series

Seed

Pre-Money Valuation

$10,000,000

Weekly Commitments $
Status

Active

Reporting Date

01/20/2021

Days Remaining

97

% of Min. Goal

1,879%

% of Max. Goal

52%

Likelihood of Max
Avg. Daily Raise

$12,530

# of Investors

370

Momentum
Location

Boca Raton, Florida

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Medium

Capital Intensity

High

Business Type

Life Style

Vegan Fine Brands, with a $10 million pre-money valuation, is raising crowdfunding on StartEngine. The company makes and sells 100% vegan products through its flagship store. It has also developed new plant-based meat, eggs, and dairy products and sells through the Vegan Fine Cafe, Vegan Fine Body, and its e-commerce stores. Steven Smith founded Vegan Fine Brands in September 2020. The current crowdfunding round has a minimum goal of $10,000 and a maximum goal of $358,615, and the funds will be used to continue expansion through franchising, develop new e-commerce assets, and develop the private label brands. Vegan Fine Brands has served over 50,000 customers and generated $1 million in revenue in the first year of operation.

Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$822,264

$752,342

COGS

$933,264

$705,336

Tax

$0

$0

 

 

Net Income

$-714,538

$-369,205

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$59,108

$66,732

Accounts Receivable

$500

$0

Total Assets

$300,337

$359,448

Short-Term Debt

$370,197

$398,273

Long-Term Debt

$637,027

$0

Total Liabilities

$1,007,224

$432,231

Ratings

last updated 01/24/2021

Ratings Platform - Beta Trial

Our new ratings and analytics platform is currently in Beta. To gain access to the Beta platform features, upgrade to a Pro paid account and accept the Beta terms on any page.

For a limited time, use coupon code "TRYMERLIN20" for a free 20 day trial of Kingscrowd Pro and Merlin Beta. Your paid subscription will activate at the end of 20 days. Cancel anytime.
Other Deals

Blendid on MicroVentures

The global smoothie industry total available market has been estimated at $12 billion…

Crowd
Akua on Republic

Almost 10 million people in the United States are vegan. That’s up from just 300,000…

Crowd
Future Proof on Wefunder

Future Proof — formerly BeatBox Beverages — is a rapidly-scaling, millennial-focused alcoholic beverage company. After pitching on ABC’s…

Crowd
Create your first portfolio
WELCOME TO YOUR OWN INVESTMENTS PORTFOLIO ON KINGSCROWD.

Now you can track all of your startup investments in one place utilizing our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
Add Vegan Fine Brands on StartEngine
Follow company
Follow Vegan Fine Brands on StartEngine