Native American Natural Foods
About this raise
Native American Natural Foods, with a valuation of $8 million, is raising funds on Wefunder. The company makes buffalo-based meat and fruit bars based on the Wasna tradition of the Lakota. Native American Natural Foods’ Tanka bars are built on ancestral knowledge for endurance, health, and top performance. The business sells its products through Costco, REI, Whole Foods, and over 6,500 locations in 50 states and generated $3.5 million in revenue in 2016. Mark Tilsen and Karlene Hunter founded Native American Natural Foods in September 2006. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $1.07 million. The campaign proceeds will be used for the expansion of the product line, recruitment of a new CEO, inventory, marketing, and packaging.
Investment Overview
Invested : $123,152
Deal Terms
- Platform
- Wefunder
- Start Date
- 06/27/2017
- Close Date
- 12/23/2017
$100,000
$1,070,000
$100
SAFE
Early Stage
RegCF
$8,000,000
0%
Company & Team
Company
- Year Founded
- 2006
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Location
- Kyle, South Dakota
- Company Website
-
Visit Website
Team
Financials
-
Revenue
-
$0
as of FY2016
- Monthly Burn
-
$98,176
as of FY2016
-
Runway
-
2.1 months
as of FY2016
- Gross Margin
-
20%
as of FY2016
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 12/23/2017 | Wefunder | $8,000,000 | $123,152 | SAFE | Funded | RegCF |