fetch! Dog Treats
Early Stage
All-natural human-grade dog treats
Overview
Raised: $49,873
Total Commitments ($USD)
Platform
Wefunder
Start Date
08/04/2020
Close Date
02/20/2021
Min. Goal
$40,000
Max. Goal
$250,000
Min. Investment
$100
Security Type
Equity - Common
Series
Seed
SEC Filing Type
RegCF
Price Per Share
$1.11
Pre-Money Valuation
$1,110,000
Rolling Commitments ($USD)
Status
Funded
Reporting Date
02/27/2021
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$251
# of Investors
90
Momentum
Funded
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Year Founded
2015
Industry
Pet Health, Food, and Services
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
Low
fetch! Dog Treats, with a pre-money valuation of $1.11 million, is raising funds on Wefunder. The company makes natural and human-grade dog treats using safe, simple, and trusted ingredients. The dog treats are enriched with the taste and goodness of pumpkin, peanut butter, carob, etc. Jackie Lovern and John Griveas founded fetch! Dog Treats in 2015 and has raised over $100,000 since its inception. The current round of crowdfunding has a minimum raise of $149,999 and a maximum raise of $250,000. The proceeds will be used for production, operations, and marketing. fetch! Dog Treats has generated over $500,000 in sales to date and reported a 750% increase in revenue since its inception.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$160,292 |
$124,952 |
|
COGS |
$81,398 |
$52,918 |
|
Tax |
$25 |
$25 |
| ||
| ||
|
Net Income |
$3,441 |
$713 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$782 |
$2,986 |
|
Accounts Receivable |
$3,746 |
$3,546 |
|
Total Assets |
$13,380 |
$6,532 |
|
Short-Term Debt |
$61,450 |
$39,473 |
|
Long-Term Debt |
$33,733 |
$1,500 |
|
Total Liabilities |
$95,183 |
$40,973 |
Financials as of: 08/04/2020
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