Narrative Food

Narrative Food

Closed: Apr. 2020

About this raise: 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.

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Investment Overview

Invested this round: $84,752

Deal Terms

Total Commitments ($USD)

Platform
Wefunder
Start Date
01/06/2020
Close Date
04/29/2020
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

Company & Team

Company

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
Company Website
Visit Website

Team

Employees
1
Founder Name
Jennifer Field Piette
Title
CEO

Financials

 Revenue
$510,377
 Monthly Burn
Profitable
 Cash on Hand
$0

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

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/29/2020 Wefunder $2,000,000 $84,752 Equity - Preferred 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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Add to portfolio
Narrative Food on Wefunder
Platform: Wefunder
Security Type: Equity - Preferred
Valuation: $2,000,000
Price per Share: $2.00

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Follow Narrative Food on Wefunder

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

Narrative Food Deal Report

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