Blanket Pancakes & Syrup

Blanket Pancakes & Syrup

Growth Stage

Clean & Simple Goodness in Minutes!

Clean & Simple Goodness in Minutes!

Overview

Raised to Date: Raised: $0

Total Commitments ($USD)

Platform

StartEngine

Start Date

12/13/2023

Close Date

03/13/2024

Min. Goal
$15,000
Max. Goal
$1,234,990
Min. Investment

$250

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$5.00

Pre-Money Valuation

$11,000,000

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

03/16/2024

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

2017

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Location

Mint Hill, North Carolina

Business Type

Growth

Blanket Pancakes & Syrup, with a valuation of $11 million, is raising funds on StartEngine. The company makes all-natural and delicious pancake mixes that cater to health-conscious customers. Blanket Pancakes & Syrup does not use any artificial sweeteners, eggs, bleached flour, GMOs, or preservatives in its preparations and only uses natural ingredients that the body recognizes. The business sells through major retailers like Walmart, Meijer, Food Lion, Giant Foods, and Hannaford and has generated $1 million in sales in 2023. Deven Alexander Carter and Marquita Michelle Carter founded Blanket Pancakes & Syrup in June 2017. The current crowdfunding campaign has a minimum target of $15,000 and a maximum target of $1.23 million. The campaign proceeds will be used for research and development, inventory, company employment, and working capital.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$289,592

$336,911

COGS

$209,702

$11,900

Tax

$0

$0

 

 

Net Income

$-184,282

$244,170

Summary Balance Sheet

FY 2022 FY 2021

Cash

$79,208

$253,598

Accounts Receivable

$583

$0

Total Assets

$322,701

$294,421

Short-Term Debt

$118,977

$51,761

Long-Term Debt

$294,698

$11,920

Total Liabilities

$413,675

$63,681

Financials as of: 12/13/2023
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
Blanket Pancakes & Syrup on StartEngine 2023
Platform: StartEngine
Security Type: Equity - Common
Valuation: $11,000,000
Price per Share: $5.00

Follow company

Follow Blanket Pancakes & Syrup on StartEngine 2023

Buy Blanket Pancakes & Syrup's Deal Report

Warning: according to the close date for this deal, Blanket Pancakes & Syrup may no longer be accepting investments.

Blanket Pancakes & Syrup Deal Report

Get KingsCrowd’s comprehensive report on Blanket Pancakes & Syrup including:

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

Buy the Blanket Pancakes & Syrup deal report for only $10!

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