Lola Snacks
[Closed for Investment] Lola Snacks is raising funds on MainVest. The company makes plant-based energy bars that provide probiotics and improve the gut’s microbiome. The bars of Lola Snacks combine probiotics and probiotics with plant-based protein to address gut health issues, boost immunity, and give energy. Lola Snacks sells through 1,500 locations, including convenience stores, food service, and universities, and has catering partnerships with Nike, Citi Bank, Bank of America, and Goldman Sacs. Mary Molina founded Lola Snacks in August 2012. The current crowdfunding campaign has a minimum target of $60,000 and a maximum target of $200,000. The campaign proceeds will be used for inventory.
Investment Overview
Raised: $0
Deal Terms
Company & Team
Company
- Year Founded
- 2012
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- Low
Financials
- Revenue +26% YoY
- $203,717
- Monthly Burn
- Profitable
- Cash on Hand
- $4,296
- Gross Margin
- 46%
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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 |
---|---|---|---|---|---|---|
05/26/2023 | MainVest | - | $0 | Revenue Share | Not Funded | RegCF |
02/02/2023 | StartEngine | $12,004,186 | $11,790 | Equity - Common | Funded | RegCF |