Feed The Mass
About this raise
Feed the Mass is raising funds on SMBX. The company is empowering the community with food access and education in Portland, Oregon. Feed the Mass has a deep sense of purpose in addressing food insecurity in the community through its culinary education programs, nutritious meals, and community partnerships. The culinary education programs of Feed the Mass equip individuals with valuable skills and empower them along with a sense of belonging. Jacobsen Valentine founded Feed the Mass in January 2016. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $124,000. The campaign proceeds will be used for working capital, new kitchen equipment, and other fees.
Investment Overview
Invested : $68,660
Deal Terms
Total Commitments
- Platform
- SMBX
- Start Date
- 05/09/2024
- Close Date
- 07/02/2024
$10,000
$124,000
$10
Debt
Pre-Seed
RegCF
10.75%
3.0 years
Company & Team
Company
- Year Founded
- 2016
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
- Revenue -49.3% YoY
- $797,852
- Monthly Burn
- $21,365
-
Runway
- 3.7 months
- Gross Margin
- 18%
Upgrade to gain access
-
$12.50 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
Kingscrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Ratings 
Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 07/02/2024 | SMBX | - | $68,660 | Debt | Funded | RegCF |