Cassava San Francisco
About this raise
Cassava San Francisco is raising funds on Wefunder. It is an established and award-winning restaurant known for its great food, social awareness, and warm hospitality. The restaurant is operated by passionate restaurateurs and has long-time trusted employees. Cassava San Francisco is opening its next chapter at a desirable and promising location. Yuka Ioroi and Kristoffer Toliao founded Cassava San Francisco in December 2011. The current crowdfunding campaign has a minimum target of $350,000 and a maximum target of $750,000. The campaign proceeds will be used for built-out construction, contingency, and operating capital.
Investment Overview
Invested : $403,912
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 10/08/2021
- Close Date
- 02/17/2022
$350,000
$750,000
$100
Revenue Share
RegCF
Company & Team
Company
- Year Founded
- 2011
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- Low
- Location
- San Francisco, California
- Company Website
-
Visit Website
Financials
- Revenue -45% YoY
- $682,692
- Monthly Burn
- $24,339
-
Runway
- 4.1 months
- Gross Margin
- 60%
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Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 02/17/2022 | Wefunder | - | $403,912 | Revenue Share | Funded | RegCF |