Anthony's Cookies
About this raise: Anthony’s Cookies, with a pre-money valuation of $4 million, is raising funds on WeFunder. It is a gourmet cookie company that makes cookies from the best ingredients in a variety of flavors. Anthony’s Cookies currently operates two stores in the Bay Area. It was founded by Anthony Lucas in 2009 when the first store was opened in San Francisco, followed by the second store opening at Berkley in 2017. The current round of crowdfunding has a minimum goal of $60,000 and a maximum goal of $400,000, and the proceeds will be used towards website development, food machinery, packaging, and leasing a delivery vehicle. The company has a 22-year old legacy and has strategic partnerships with brands like Four Barrel Coffee, Central Milling, and Straus Creamery.
Investment Overview
Invested : $186,555
Deal Terms
Total Commitments ($USD)
- Platform
- Wefunder
- Start Date
- 02/28/2020
- Close Date
- 04/21/2021
$60,000
$400,000
$500
Equity - Preferred
Series A
RegCF
$1.00
$3,600,000
Company & Team
Company
- Year Founded
- 2015
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
-
Revenue
- $727,179
- Monthly Burn
- $2,897
-
Runway
- 9.7 months
- Gross Margin
- 92%
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 04/21/2021 | Wefunder | $3,600,000 | $186,555 | Equity - Preferred | Funded | RegCF |