Eat Happy Kitchen

Eat Happy Kitchen

Closed: Feb. 2025

About this raise

Eat Happy Kitchen, with a valuation of $10 million, is raising funds on StartEngine. It is a premium food company specializing in clean sauces and spice blends. Eat Happy Kitchen uses high-quality ingredients for its products and does not add any sugar, seed oils, junk fillers, or harmful preservatives. The business reported a store count growth from 100 in 2022 to 450 in 2024 and a revenue growth of 100% from 2022 to 2023. Anna Vocino, Todd Hauerland, and Matt Kelley founded Eat Happy Kitchen in December 2022. The current crowdfunding campaign has a minimum and maximum target of $124,000. The campaign proceeds will be used for research and development, inventory, company employment, and working capital.

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Investment Overview

Invested this round: $679,498

Deal Terms

Total Commitments

Platform
StartEngine
Start Date
11/01/2024
Close Date
02/24/2025
Min. Goal
$124,000
Max Goal
$1,235,000
Min. Investment

$350

Security Type

Equity - Common

Company Stage

Early Stage

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$2.00

Pre-Money Valuation

$10,000,000

Company & Team

Company

Year Founded
2022
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
Low
Location
Santa Ynez, California
Business Type
Growth
Company Website
Visit Website

Team

Employees
3
Prior Founder Exits?
No
Founder Name
Anna Vocino
Title
CEO
Founder Name
Todd Hauerland
Title
COO
Founder Name
Matt Kelley
Title
CMO

Financials

 Revenue +81% YoY
$353,789
as of FY2023
 Monthly Burn
$5,000
as of Oct '24
 Cash on Hand
$18,749
as of Oct '24
 Gross Margin
52%
as of FY2023

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$353,789

$195,637

COGS

$171,338

$98,284

Tax

$0

$0

 

 

Net Income

$40,404

$58,333

Summary Balance Sheet

FY 2023 FY 2022

Cash

$18,749

$41,742

Accounts Receivable

$82,914

$19,125

Total Assets

$138,704

$60,867

Short-Term Debt

$82,560

$45,127

Long-Term Debt

$0

$0

Total Liabilities

$82,560

$45,127

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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
02/24/2025 StartEngine $10,000,000 $679,498 Equity - Common Funded RegCF
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Add to portfolio
Eat Happy Kitchen on StartEngine 2024
Platform: StartEngine
Security Type: Equity - Common
Valuation: $10,000,000
Price per Share: $2.00

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Follow Eat Happy Kitchen on StartEngine 2024

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Warning: according to the close date for this deal, Eat Happy Kitchen may no longer be accepting investments.

Eat Happy Kitchen Deal Report

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