Acai To-Go

Acai To-Go

[Closed for Investment] Acai To-Go, with a $6 million valuation cap, is raising crowdfunding on Republic. The company makes and sells ready-to-eat wild organic acai in recyclable paper tubes. The contents are organically and locally-sourced and can be squeezed into a bowl and eaten right away. Rodrigo Lima and Jayson Fittipaldi founded Acai To-Go in 2017. The proceeds of the current crowdfunding round, with a minimum goal of $25,000 and a maximum goal of $1,070,000, will be used to continue expansion to all 50 states and target an international launch. Acai To-Go is sold nationwide across 20 franchises and over 1,000 doors. It reported 140% growth during COVID-19 and has retail partnerships with 7-Eleven, Whole Foods, and more.

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Investment Overview

Raised this Round: Raised: $0

Deal Terms

Total Commitments ($USD)

Platform
Republic
Start Date
12/11/2020
Close Date
02/03/2021
Min. Goal
$25,000
Max. Goal
$1,070,000
Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$6,000,000

Discount

20%

Company & Team

Company

Year Founded
2019
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
High
Location
Key Biscayne, Florida
Business Type
Life Style
Company Website
Visit Website

Team

Employees
5
Prior Founder Exits?
No
Founder Name
Jayson Fittipaldi
Title
Chief Innovation Officer
Founder Name
Rodrigo Lima
Title
Co-Founder

Funding data not publicly available

Financials

 Revenue +303% YoY
$271,762
 Monthly Burn
$48,132
 Runway
2.2 months
Gross Margin
23%

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$271,762

$67,466

COGS

$208,050

$166,078

Tax

$0

$0

 

 

Net Income

$-577,580

$-258,039

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$108,287

$72,596

Accounts Receivable

$64,360

$22,050

Total Assets

$407,828

$168,095

Short-Term Debt

$152,063

$31,038

Long-Term Debt

$711,897

$15,609

Total Liabilities

$863,960

$46,647

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
02/03/2021 Republic $6,000,000 $0 SAFE Not Funded RegCF
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Acai To-Go on Republic
Platform: Republic
Security Type: SAFE
Valuation: $6,000,000

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