MeatSoHorny
Early Stage
Rub Your Meat And Squirt
Overview
Raised: $632,715
Total Commitments ($USD)
Platform
StartEngine
Start Date
01/31/2023
Close Date
04/03/2023
Min. Goal
$9,998
Max. Goal
$1,234,998
Min. Investment
$101
Security Type
Equity - Common
Series
Pre-Seed
SEC Filing Type
RegCF
Price Per Share
$2.14
Pre-Money Valuation
$14,980,000
Rolling Commitments ($USD)
Status
Funded
Reporting Date
04/29/2023
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$10,372
# of Investors
1,251
Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded
2022
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
MeatSoHorny, with a valuation of $14.98 million, is raising funds on StartEngine. The company makes unique and delicious BBQ rubs, spices, and hot sauces. The MeatSoHorny products include 11 rubs, five hot sauces, and three smoked salts, and are edgy, tasty, and offer a variety of flavors to grilling rockstars, cooks, and friends. MeatSoHorny has a loyal customer base with 7.5 million social media followers and has achieved a 1,773% year-over-year growth in unit sales. Robert Gilbert and Gary Marandola founded MeatSoHorny in November 2022. The current crowdfunding campaign has a minimum target of $9,998.08 and a maximum target of $1.23 million. The campaign proceeds will be used for marketing, inventory, company employment, and working capital.
Summary Profit and Loss Statement
| FY 2021 | FY 2020 | |
|---|---|---|
|
Revenue |
$31,598 |
$5,494 |
|
COGS |
$78,006 |
$21,862 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-88,155 |
$-39,730 |
Summary Balance Sheet
| FY 2021 | FY 2020 | |
|---|---|---|
|
Cash |
$8,015 |
$1,629 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$8,015 |
$1,629 |
|
Short-Term Debt |
$7,185 |
$18,781 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$7,185 |
$18,781 |
Financials as of: 01/31/2023
Create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$25 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
KingsCrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Already a member? Log in here.
Ratings 
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.