Maazah
Bring magic to every bite with better-for-you sauces and dips, inspired by Mom
Overview
Raised: $0
Total Commitments ($USD)
Platform
Wefunder
Start Date
02/04/2024
Close Date
06/03/2024
Min. Goal
$50,000
Max. Goal
$250,000
Min. Investment
$100
Security Type
Revenue Share
Series
Pre-Seed
SEC Filing Type
RegCF
Return Multiple
1.50X
Rev. Share %
2.00%
Rolling Commitments ($USD)
Status
Active
Reporting Date
05/07/2024
Days Remaining
26
% of Min. Goal
0%
% of Max. Goal
0%
Likelihood of Max
Avg. Daily Raise
$0
Momentum
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Year Founded
2014
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2B2C
Margin
Medium
Capital Intensity
High
Maazah is raising funds on Wefunder. The company makes better-for-you sauces and dips using clean and nutritious ingredients. Maazah has been featured in Forbes, New York Times, Food & Wine, and Food 52 and is ready to launch nationally in Whole Foods, Target, and Costco. The business has reported remarkable sales growth and has a revenue target of over $2 million in 2024. Maazah has also partnered with the Malala Fund to support women’s education across the world. Yasameen Sajady and Sheilla Sajady founded Maazah in March 2014. 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 inventory purchase, co-packing, sales, in-market support, and hiring.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$80,960 |
$68,499 |
|
COGS |
$66,099 |
$47,559 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-518,817 |
$-232,476 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$61,694 |
$128,012 |
|
Accounts Receivable |
$30,319 |
$643 |
|
Total Assets |
$111,542 |
$128,942 |
|
Short-Term Debt |
$67,580 |
$17,810 |
|
Long-Term Debt |
$887,935 |
$363,393 |
|
Total Liabilities |
$955,515 |
$381,203 |
Financials as of: 02/04/2024
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