Grit Grocery
About this raise
Grit Grocery, with a valuation of $5 million, is raising funds on Wefunder. It is a mobile grocery truck business that brings fresh ingredients and meal-kit bundles into urban areas. Grit Grocery’s mobile markets bring locally-farmed and sourced items to people and make cooking healthy easy, fun, and accessible. The business has been featured on Houston Public Media’s Bauer Business Focus and generated $50,000 in revenue during its three-month test. Dustin Windham founded Grit Grocery in June 2015. The current crowdfunding campaign has a minimum target of $75,000 and a maximum target of $1 million. The campaign proceeds will be used for purchasing new trucks, equipment, point-of-sale systems, and working capital.
Investment Overview
Deal Terms
- Platform
- Wefunder
- Start Date
- 07/14/2017
- Close Date
- 01/31/2018
$75,000
$1,000,000
$100
SAFE
Early Stage
RegCF
$5,000,000
0%
Company & Team
Company
- Year Founded
- 2015
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Location
- Houston, Texas
- Company Website
-
Visit Website
Team
Financials
-
Revenue
-
$0
as of FY2016
- Monthly Burn
-
$5,808
as of FY2016
-
Runway
-
0.1 months
as of FY2016
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 01/31/2018 | Wefunder | $5,000,000 | - | SAFE | Funded | RegCF |