Lola Snacks

Lola Snacks

Early Stage

We take the B.S. out of IBS.

We take the B.S. out of IBS.

Overview

Raised to Date: Raised: $11,790

Total Commitments ($USD)

Platform

StartEngine

Start Date

11/06/2022

Close Date

02/02/2023

Min. Goal
$9,999
Max. Goal
$1,234,999
Min. Investment

$200

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.98

Pre-Money Valuation

$12,004,186

Rolling Commitments ($USD)

Status
Funded
Reporting Date

02/27/2023

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$136

# of Investors

22

Momentum
Funded
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Year Founded

2012

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

Low

Location

North Salem, New York

Business Type

Growth

Lola Snacks, with a valuation of $12 million, is raising funds on StartEngine. 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 $9,999 and a maximum target of $1.23 million. The campaign proceeds will be used to grow the product line, develop new partnerships, and expand to new locations.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$203,717

$161,185

COGS

$110,584

$85,228

Tax

$0

$0

 

 

Net Income

$10,599

$-196,892

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$4,296

$4,086

Accounts Receivable

$106,971

$29,941

Total Assets

$111,268

$94,486

Short-Term Debt

$595,409

$592,203

Long-Term Debt

$0

$0

Total Liabilities

$595,409

$592,203

Financials as of: 11/06/2022
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Lola Snacks 05/25/2023 MainVest - $0 Revenue Share Not Funded RegCF
Lola Snacks 02/01/2023 StartEngine $12,004,186 $11,790 Equity - Common Funded RegCF
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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Lola Snacks on StartEngine 2022
Platform: StartEngine
Security Type: Equity - Common
Valuation: $12,004,186
Price per Share: $1.98

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Follow Lola Snacks on StartEngine 2022

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