Ghost Town Oats
Early Stage
Made by baristas for everybody: redefining the culture of plant-based milk
Overview
Raised: $210,881
Total Commitments ($USD)
Platform
Wefunder
Start Date
05/15/2022
Close Date
09/14/2022
Min. Goal
$50,000
Max. Goal
$1,070,000
Min. Investment
$100
Security Type
SAFE
Series
Pre-Seed
SEC Filing Type
RegCF
Valuation Cap
$10,000,000
Discount
10%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
09/29/2022
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$1,743
# of Investors
493
Momentum
Funded
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Year Founded
2020
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
Low
Ghost Town Oats, with a valuation of $10 million, is raising funds on Wefunder. It is a barista-owned oat milk company that is promoting the culture of specialty coffee made using plant-based milk. The business also makes other products involving oat milk, including Ghost Town Oats + Honey Cheerios and Ghost Town Oats + Cinnamon Toast Crunch. Michelle Johnson and Josh Rudolf founded Ghost Town Oats in December 2020. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1,070,000. The campaign proceeds will be used for production and payroll, distribution and warehousing, sales and marketing, and operational expenses.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-4,486 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$0 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$0 |
$0 |
|
Short-Term Debt |
$4,486 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$4,486 |
$0 |
Financials as of: 05/15/2022
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