Herb & Olive
About this raise
Herb & Olive, with a valuation of $1.5 million, is raising funds on MicroVentures. The company makes special and organic extra virgin olive oil using the finest ingredients. The olive oil of Herb & Olive is sustainable and high-quality and is available through the company’s website, online retail stores, and physical retail stores. Herb & Olive’s olive oil has been featured in The Dieline and GQ and featured on many known Instagram accounts. David Zimmerman founded Herb & Olive in April 2019. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $250,000. The campaign proceeds will be used for hiring, purchasing raw ingredients in bulk, packaging, and advertising.
Investment Overview
Not Funded: $7,500
Deal Terms
Total Commitments
- Platform
- Microventures
- Start Date
- 01/10/2022
- Close Date
- 06/06/2022
$50,000
$250,000
$100
Convertible Note
Early Stage
RegCF
$1,500,000
20%
Company & Team
Company
- Year Founded
- 2019
- Industry
- Food, Beverage, & Restaurants
- 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 |
|---|---|---|---|---|---|---|
| 06/06/2022 | Microventures | $1,500,000 | $7,500 | Convertible Note | Not Funded | RegCF |