Narrative Food

Narrative Food

Early Stage

Food that tells a story, delivered to your doorstep

Food that tells a story, delivered to your doorstep

Overview

Raised to Date: Raised: $89,953

Total Commitments ($USD)

Platform

Wefunder

Start Date

01/05/2020

Close Date

04/28/2020

Min. Goal
$50,001
Max. Goal
$199,999
Min. Investment

$100

Security Type

Equity - Preferred

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$2.00

Pre-Money Valuation

$2,000,000

Rolling Commitments ($USD)

Status
Funded
Reporting Date

05/02/2020

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

$789

# of Investors

120

Momentum
Funded
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Year Founded

2010

Industry

Food, Beverage, & Restaurants

Tech Sector

Retailtech

Distribution Model

B2C

Margin

Low

Capital Intensity

High

Location

Los Angeles, California

Business Type

Life Style

Narrative Food, with a pre-money valuation of $2 million, is raising funds on WeFunder. The company delivers food with stories and memories and helps people value good and clean food. Narrative Food also connects people and their stories to create a large Narrative Food community. The company sources locally-grown, organic, and nutritional food and delivers it to customers across Southern California. Narrative Food was founded by Jennifer Piette in 2010 and has raised over $150,000 since its inception. The current round of crowdfunding has a minimum target of $50,001 and a maximum target of $199,999, and the funds will be used towards marketing, advertising, and hiring. Narrative Food has earned over $3.5 million in lifetime revenues and has delivered over 33,000 orders to more than 3,000 customers.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 01/05/2020
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Narrative Food 04/28/2020 Wefunder $2,000,000 $89,953 Equity - Preferred Funded RegCF
Narrative Food 01/16/2020 Wefunder $1,750,000 $20,624 Equity - Preferred Not Funded RegCF
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Founder Profile

Founder Profile: Narrative Food

Food is intrinsic to not only survival, but also the formation of culture, family, and memories. As pre-packaged meals and fast food seem to dominate the food landscape, some believe that we lose connection to our community and environment. Narrative Food was created to help revivify that connection in southern California while also supporting local farmers and families.


We sat down with founder Jennifer Piette to learn what cooking means to her, how her business has changed due to the current pandemic, and where she sees it all going-


Read Founder Interview

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Narrative Food on Wefunder
Platform: Wefunder
Security Type: Equity - Preferred
Valuation: $2,000,000
Price per Share: $2.00

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Warning: according to the close date for this deal, Narrative Food may no longer be accepting investments.

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