Jiminy's
About this raise
Jiminy’s is raising funds on SMBX. The business makes high-quality pet foods using insect proteins and other top-quality ingredients. Jiminy’s aims to deliver exceptional nutrition to pets and replace traditional pet foods with a more sustainable and digestible product line. The business makes dog food, treats, and dental chews using nutritious protein derived from crickets and black soldier flies and addresses skin, coat, and gut-related issues. Anne Carlson and Bill Reed founded Jiminy’s in June 2016. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $50,000. The campaign proceeds will be used for working capital and inventory.
Investment Overview
Invested : $23,580
Deal Terms
Total Commitments
- Platform
- SMBX
- Start Date
- 11/26/2024
- Close Date
- 12/20/2024
$10,000
$50,000
$10
Debt
Monthly
RegCF
11.25%
2.0 years
Company & Team
Company
- Year Founded
- 2016
- Industry
- Pet Health, Food, and Services
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- High
Financials
- Revenue -13.1% YoY
-
$2,436,277
as of FY2023
- Monthly Burn
-
$214,146
as of FY2023
-
Runway
-
4.1 months
as of FY2023
- Gross Margin
-
26%
as of FY2023
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 12/20/2024 | SMBX | - | $23,580 | Debt | Funded | RegCF |