Community Co-Pack NW

Community Co-Pack NW

Closed: Sep. 2022

About this raise

Community Co-Pack NW is raising funds on SMBX. It is a contract manufacturer in Portland, Oregon, that provides co-packing experience to food businesses. The business has equipment for hot sauces and beverages, fresh-blended dips, and dry mix bags and seals. Community Co-Pack NW has partnered with Built Oregon, Oregon State University’s Food Innovation Center, Market and Choice, and New Seasons Market. Chris Bailey founded Community Co-Pack NW in July 2011. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $200,000. The campaign proceeds will be used for hiring staff, equipment, and working capital.

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Investment Overview

Invested this round: $99,040

Deal Terms

Total Commitments

Platform
SMBX
Start Date
07/01/2022
Close Date
09/15/2022
Min. Goal
$25,000
Max Goal
$100,000
Min. Investment

$10

Security Type

Debt

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

7.50%

Term Length

3.0 years

Company & Team

Company

Year Founded
2011
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2B
Margin
High
Capital Intensity
High
Location
Portland, Oregon
Business Type
High Growth
Company Website
Visit Website

Team

Employees
6
Prior Founder Exits?
No
Founder Name
Chris Bailey
Title
Founder & Operations Director
Founder Name
Hannah Kullberg
Title
Business Development Director

Financials

 Revenue
$443,372
 Monthly Burn
Profitable
 Cash on Hand
$120,423

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$443,372

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$142,370

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$120,423

$0

Accounts Receivable

$-2,512

$0

Total Assets

$132,370

$0

Short-Term Debt

$0

$0

Long-Term Debt

$50,000

$0

Total Liabilities

$50,000

$0

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
09/15/2022 SMBX - $99,040 Debt Funded RegCF
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Community Co-Pack NW on SMBX 2022
Platform: SMBX
Security Type: Debt

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Warning: according to the close date for this deal, Community Co-Pack NW may no longer be accepting investments.

Community Co-Pack NW Deal Report

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