Nude Foods Market

Nude Foods Market

Open  for investment

About this raise

Nude Foods Market, with a valuation of $7.2 million, is raising funds on Wefunder. It is a sustainable grocery store in Boulder, Colorado, focused on eliminating single-use packaging. Nude Foods Market enables customers to pick up pre-filled jars, use their food, and return the empties that are later cleaned, sanitized, and refilled, creating a closed-loop system. The business has generated $5 million in lifetime sales and has saved more than one million pieces of single-use packaging from ever being used. Rachel Irons, Verity Noble, and Matthew Arnold founded Nude Foods Market in March 2020. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $500,000. The campaign proceeds will be used for marketing, promotions, asset purchases, hiring, and third-store location acquisition.

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Investment Overview

Committed this round: $260,800

Deal Terms

Total Commitments

Platform
Wefunder
Start Date
03/18/2025
Close Date
09/30/2025
Min. Goal
$50,000
Max Goal
$500,000
Min. Investment

$250

Security Type

SAFE

Company Stage

Growth Stage

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$7,200,000

Discount

0%

Company & Team

Company

Year Founded
2020
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
Low
Location
Boulder, Colorado
Business Type
Life Style
Company Website
Visit Website

Team

Employees
17
Prior Founder Exits?
No
Founder Name
Matt Arnold
Title
CFO
Founder Name
Verity Noble
Title
CMO
Founder Name
Rachel Irons
Title
CEO/COO

Financials

 Revenue +20% YoY
$1,781,436
as of FY2024
 Monthly Burn
$23,657
as of Mar '25
 Runway
2.9 months
as of Mar '25
 Gross Margin
56%
as of FY2024

Summary Profit and Loss Statement

FY 2024 FY 2023

Revenue

$1,781,436

$1,487,957

COGS

$787,425

$637,917

Tax

$0

$0

 

 

Net Income

$-347,841

$-419,078

Summary Balance Sheet

FY 2024 FY 2023

Cash

$173,773

$32,381

Accounts Receivable

$0

$61,667

Total Assets

$230,524

$379,290

Short-Term Debt

$132,288

$120,962

Long-Term Debt

$523,980

$376,231

Total Liabilities

$656,269

$497,193

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$485,000
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
09/30/2025 Wefunder $7,200,000 $260,800 SAFE Active RegCF
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Nude Foods Market on Wefunder 2025
Platform: Wefunder
Security Type: SAFE
Valuation: $7,200,000

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