Vegan Fine Brands

Vegan Fine Brands

Early Stage

100% Vegan

100% Vegan

Overview

Raised to Date: Raised: $0

Total Commitments ($USD)

Platform

StartEngine

Start Date

01/04/2021

Close Date

02/10/2021

Min. Goal
$10,000
Max. Goal
$358,615
Min. Investment

$100

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$5.00

Early Bird Valuation

$9,500,000

Pre-Money Valuation

$10,000,000

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

02/09/2021

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
Create a free account today to gain access to KingsCrowd analytics.
Year Founded

2020

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Medium

Capital Intensity

High

Location

Boca Raton, Florida

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

$33,958

Total Liabilities

$1,007,224

$432,231

Financials as of: 01/04/2021
Create a free account today to gain access to KingsCrowd analytics.

Funding data not publicly available

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$25 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.
Add to portfolio
Vegan Fine Brands on StartEngine
Platform: StartEngine
Security Type: Equity - Common
Valuation: $10,000,000
Price per Share: $5.00

Follow company

Follow Vegan Fine Brands on StartEngine

Buy Vegan Fine Brands's Deal Report

Warning: according to the close date for this deal, Vegan Fine Brands may no longer be accepting investments.

Vegan Fine Brands Deal Report

Get KingsCrowd’s comprehensive report on Vegan Fine Brands including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Vegan Fine Brands is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Vegan Fine Brands deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge