Franny's Manufacturing
About this raise
Franny’s Manufacturing, with a $3 million pre-money valuation, is raising funds on StartEngine. The company manufactures affordable and high-quality CBD products, including pet products, women’s health products, men health products, baby products, and edibles. The products of Franny’s Manufacturing are made from local, organic, and quality-controlled ingredients and are made in small customized batches. Franny’s Manufacturing was founded by Franny Tacy and Jeff Tacy in March 2019. The current round of crowdfunding of the company has a minimum target of $10,000 and a maximum target of $535,000, and the funds will be used to purchase new equipment, increase marketing, and hire new staff. Franny’s Manufacturing uses its proprietary and distinctive recipes that give it an advantage over the competitors.
Investment Overview
Invested : $278,974
Deal Terms
Total Commitments
- Platform
- StartEngine
- Start Date
- 02/03/2020
- Close Date
- 04/30/2021
$10,000
$535,000
$300
Equity - Common
Early Stage
RegCF
$2.00
$3,000,000
Company & Team
Company
- Year Founded
- 2019
- Industry
- Alcohol, Tobacco, & Recreational Drugs
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- Low
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 04/30/2021 | StartEngine | $3,000,000 | $278,974 | Equity - Common | Funded | RegCF |