Elite Sweets
About this raise
Elite Sweets, with a valuation of $4.7 million, is raising funds on Mr. Crowd. The company is the creator of The Elite Donut, a tasty, healthy, and satisfying treat. Elite Sweets bridges the gap between indulgence and nutrition and caters to health-conscious individuals without compromising on taste. The Elite Donut is gluten-free, keto-friendly, low-sugar, and high on protein and is available through various outlets, including Amazon Go, 7-Eleven, and Gold’s Gym. Amin D. Bahari founded Elite Sweets in June 2021. The current crowdfunding campaign has a minimum target of $50,040 and a maximum target of $300,024. The campaign proceeds will be used for new product development, scaling up production, expansion of retail footprint, marketing, and staff hiring.
Investment Overview
Invested : $27,144
Deal Terms
Total Commitments
- Platform
- Mr. Crowd
- Start Date
- 05/16/2024
- Close Date
- 04/30/2025
$25,020
$300,024
$100
Equity - Common
Early Stage
RegCF
$1.44
$4,731,224
Company & Team
Company
- Year Founded
- 2021
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Medium
- Capital Intensity
- Low
Financials
- Revenue -68% YoY
-
$324,302
as of FY2023
-
Cash on Hand
-
$250,000
as of FY2023
- Gross Margin
-
24%
as of FY2023
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $2,215,016
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 04/30/2025 | Mr. Crowd | $4,731,224 | $27,144 | Equity - Common | Funded | RegCF |