Ghost Town Oats
Ghost Town Oats, with a valuation of $12.5 million, is raising funds on Wefunder. It is a Black-owned and barista-owned oat milk company that aims to create a vibrant culture around plant-based milk. Ghost Town Oats’ milk is versatile and tasty, is certified gluten-free, non-GMO, and kosher, and is loved by people of all ages. The business has sold 1 million cartons of oat milk, reached $1 million in total revenue, and has received several awards and mentions for its packaging and taste. Michelle R. Johnson, Eric J. Grimm, and Ezra Baker founded Ghost Town Oats in December 2020. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $124,000. The campaign proceeds will be used towards TetraEdge packaging, production, team growth, and marketing.
Investment Overview
Raised: $29,425
Deal Terms
Total Commitments ($USD)
- Platform
- Wefunder
- Start Date
- 10/29/2024
- Close Date
- 02/28/2025
$50,000
$124,000
$100
SAFE
Seed
RegCF
$12,500,000
10%
Company & Team
Company
- Year Founded
- 2020
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
- Revenue +414% YoY
- $2,096,179
- Monthly Burn
- $71,000
-
Runway
- 1 months
- Gross Margin
- 22%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $6,102,589
- VC Backed?
- No
Growth Charts
Revenue History
Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.