Melting Forest

Melting Forest

Melting Forest, with a valuation of $8.98 million, is raising funds on StartEngine. It is a wellness company that caters to health-conscious consumers. Melting Forest’s products are made using functional mushrooms, powerful adaptogens, and other clean ingredients and are sold through e-commerce sites and 500 stores across the US. The products of Melting Forest boost energy, focus, and immunity, reduce stress and anxiety, and balance hormones. Sean McDonald and Virginia Provencio founded Melting Forest in August 2023. The current crowdfunding campaign has a minimum target of $14,999.76 and a maximum target of $1.23 million. The campaign proceeds will be used for research and development, inventory, company employment, and working capital.

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Investment Overview

Raised this Round: Raised: $32,584

Deal Terms

Total Commitments ($USD)

Platform
StartEngine
Start Date
10/10/2024
Close Date
01/07/2025
Min. Goal
$15,000
Max. Goal
$1,234,987
Min. Investment

$491

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$6.64

Pre-Money Valuation

$8,979,843

Company & Team

Company

Year Founded
2023
Industry
Fitness & Wellness
Tech Sector
Retailtech
Distribution Model
B2B2C
Margin
Medium
Capital Intensity
Low
Location
Corona, California
Business Type
Growth
Company Website
Visit Website

Team

Employees
3
Prior Founder Exits?
No
Founder Name
Virginia Provencio
Title
CFO
Founder Name
Sean McDonald
Title
CEO

Financials

as of May 31, 2024
 Revenue
$4,446
 Monthly Burn
$25,000
 Runway
3 months

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$4,446

$0

COGS

$66,007

$0

Tax

$0

$0

 

 

Net Income

$-229,607

$0

Summary Balance Sheet

FY 2023 FY 2022

Cash

$185,184

$0

Accounts Receivable

$4,446

$0

Total Assets

$189,630

$0

Short-Term Debt

$19,237

$0

Long-Term Debt

$0

$0

Total Liabilities

$19,237

$0

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$893,100
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
01/07/2025 StartEngine $8,979,843 $32,584 Equity - Common Active RegCF
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Add to portfolio
Melting Forest on StartEngine 2024
Platform: StartEngine
Security Type: Equity - Common
Valuation: $8,979,843
Price per Share: $6.64

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Follow Melting Forest on StartEngine 2024

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