Ginjan Bros
Ginjan Bros, with a valuation of $15 million, is raising funds on Wefunder. The company crafts food and beverage products and curates retail experiences inspired by the culture of Africa. Ginjan Bros is establishing itself as a leader in the CPG category with responsible products and experiences rooted in African cuisine and hospitality. The company is led by an experienced team and has shipped its products to every continent. Ibrahima Diallo and Mohammed Diallo founded Ginjan Bros in June 2018. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1.24 million. The campaign proceeds will be used to improve existing operations, expand to new locations, and hire and build out the senior leadership team.
Investment Overview
Raised: $24,600
Deal Terms
Total Commitments ($USD)
- Platform
- Wefunder
- Start Date
- 09/09/2024
- Close Date
- 04/30/2025
$50,000
$1,235,000
$100
SAFE
Seed
RegCF
$13,500,000
$15,000,000
20%
Company & Team
Company
- Year Founded
- 2018
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
- Revenue -63.2% YoY
- $634,684
- Monthly Burn
- $15,000
-
Runway
- 6.7 months
- Gross Margin
- 40%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $939,751
- Grants
- $25,000
- 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.