Natural Way Food Group
About this raise
Natural Way Food Group, with a valuation of $4 million, is raising funds on Wefunder. The company makes innovative nut butters that are healthier for people and the planet. The ingredients of Natural Way nut butters are sourced ethically and made with olive oil. The almond and peanut butters of Natural Way come in a variety of flavors, including original, honey, chocolate, coffee, pumpkin spice, and gingerbread. Natural Way Food Group increased its revenue by 143% from 2019 to 2021 and projects to reach $1.16 million in revenue in 2023. Austin Simkins and Quinn Simkins founded Natural Way Food Group in March 2017. The current crowdfunding campaign has a minimum target of $50,101 and a maximum target of $1,069,962. The campaign proceeds will be used for purchasing new equipment, digital Amazon spend, partnerships, and retailer support.
Investment Overview
Invested $69,698 :
Deal Terms
Company & Team
Company
- Year Founded
- 2017
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
- Revenue +34% YoY
- $306,160
- Monthly Burn
- $55,041
-
Runway
- 3.8 months
- Gross Margin
- 39%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $1,131,088
- VC Backed?
- No
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
11/10/2022 | Wefunder | $3,999,999 | $69,698 | Equity - Preferred | Funded | RegCF |