COLORS: Oakland

COLORS: Oakland

Early Stage

Oakland restaurant advancing livable wage opportunities in the industry

Oakland restaurant advancing livable wage opportunities in the industry


Raised to Date: Raised: $29,611

Total Commitments ($USD)



Start Date


Close Date


Min. Goal
Max. Goal
Min. Investment


Security Type

Equity - Common



SEC Filing Type

RegCF    Open SEC Filing

Price Per Share


Pre-Money Valuation


Rolling Commitments ($USD)

Not Funded
Reporting Date


Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise


# of Investors


Not Funded
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Year Founded



Food, Beverage, & Restaurants

Tech Sector


Distribution Model




Capital Intensity



Oakland, California

Business Type

Life Style

COLORS: Oakland, with a pre-money valuation of $2 million, is raising funds on WeFunder. It is both a restaurant and mission-driven enterprise aimed at the professional development of staff and students. COLORS: Oakland is expected to open in April 2020 in Oakland, California. It will serve Afro-Latinx food and will be a part of the Restore Oakland center. COLORS: Oakland was founded by Saru Jayaraman. The proceeds of the current round of crowdfunding, with a minimum target of $200,000 and a maximum target of $350,000, will be used towards pre-opening expenses, development of food and cocktail menus, operating capital, and furniture, fixtures, and equipment. The owners of COLORS: Oakland are the landlords of their building and are offering both a restaurant and training programs.

Summary Profit and Loss Statement

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Summary Balance Sheet

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Accounts Receivable



Total Assets



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Long-Term Debt



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Financials as of: 02/13/2020
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COLORS: Oakland on Wefunder
Platform: Wefunder
Security Type: Equity - Common
Valuation: $2,000,000
Price per Share: $0.50

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Warning: according to the close date for this deal, COLORS: Oakland may no longer be accepting investments.

COLORS: Oakland Deal Report

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