Jule’s Foods
About this raise
Jule’s Foods, a vegan cheese company, is raising crowdfunding on SMBX. The company makes cashew-based brie which is creamy, delicious, dairy-free, animal cruelty-free, and environment friendly. The artisanal cheeses of Jule’s Foods are aged for two weeks to perfection, hand-wrapped, and sent to consumers. Julie Van Dam and Stephen Janke founded Jule’s Foods in 2018. The proceeds of the current crowdfunding raise, with a minimum target of $50,000 and a maximum target of $200,000, will be used to increase production, buy new equipment, and get new packaging. Jule’s Foods products are sold to over 50 retailers and restaurants and are liked by chefs and consumers alike.
Investment Overview
Not Funded: $202,460
Deal Terms
Total Commitments
- Platform
- SMBX
- Start Date
- 02/18/2021
- Close Date
- 04/16/2021
$50,000
$200,000
$10
Debt
RegCF
Company & Team
Company
- Year Founded
- 2018
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Location
- Carlsbad, California
- Company Website
-
Visit Website
Financials
- Revenue +1,709% YoY
- $69,528
- Monthly Burn
- $4,606
-
Runway
- 2.2 months
- Gross Margin
- 50%
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 04/16/2021 | SMBX | - | $202,460 | Debt | Not Funded | RegCF |