Nutr

Early Stage

Plant Based Milk Maker: Make At-Home Nut Milk In Minutes!

Analytics

Raised to Date: Raised: $230,646

Aggregate Commitments $

Platform

Wefunder

Start Date

10/14/2022

Close Date

04/30/2023

Min. Goal

$50,000

Max. Goal

$1,070,000

Min. Investment

$100

Security Type

Convertible Note

Funding Type

RegCF

Series

Seed

Valuation Cap

$10,000,000

Discount Rate

0%

Rolling Commitments $

Status

Active

Reporting Date

11/26/2022

Days Remaining

155

% of Min. Goal

461%

% of Max. Goal

22%

Likelihood of Max
likely
Avg. Daily Raise

$5,364

# of Investors

253

Momentum
cool.svg
Create a free account today to gain access to KingsCrowd analytics.
Location

Galena, Ohio

Industry

Food, Beverage, & Restaurants

Tech Sector

Foodtech

Distribution Model

B2B/B2C

Margin

High

Capital Intensity

High

Business Type

Growth

Nutr, with a valuation of $10 million, is raising funds on Wefunder. The company has developed a convenient way to make delicious plant-based milk at home in minutes. The nut milk maker of Nutr is perfect for making plant-based milk, including soy and rice milk, coffee creamers, hot drinks, and smoothies. The machine is versatile, sustainable, compact and comes with various heat settings. Nutr sold 17,000 machines and reported $2.7 million in sales in 12 months and has contracts signed with nationwide retailers, including Best Buy, Nordstrom, and Macy’s. Alicia Long and Dane Turk founded Nutr in April 2022. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1.07 million. The campaign proceeds will be used for marketing, hiring, and operations.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$783,046

$49,453

COGS

$263,673

$42,869

Tax

$0

$0

 

 

Net Income

$53,956

$-9,828

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$100,352

$14,844

Accounts Receivable

$0

$0

Total Assets

$427,640

$28,844

Short-Term Debt

$384,602

$30,754

Long-Term Debt

$0

$0

Total Liabilities

$384,602

$30,754

Financials as of: 10/14/2022
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$12.42 /month
billed annually
Free portfolio tracking and KingsCrowd's quantitative ratings on all raises.
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings (excluding risk)
Advanced company search ( with ratings)
Markets page filters and historical industry data
Get Edge Annual

Edge Pro

$41.58 /month
billed annually
Full site access including KingsCrowd's qualitative analyst reports.
Plan Includes:
Everything in Edge, plus
Full access to detailed Analyst Reports (e.g. Top Deal, Deal to Watch, Neutral, and Underweight)
Search and filter based on Analyst Reports
In-depth risk ratings for every raise
Get Edge Pro Annual
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Analyst Report Analyst Report Methodology Article

Pending Review

Create your first portfolio

Create your very own investment portfolio on KingsCrowd.

Now you can track all of your startup investments in one place utilizing our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
Nutr on Wefunder 2022
$
Platform: Wefunder
Security Type: Convertible Note
Valuation: $10,000,000

Follow company

Follow Nutr on Wefunder 2022
View on Wefunder
Bullish / Bearish
You're Bullish on Nutr on Wefunder 2022

Thank you for your vote on Nutr on Wefunder 2022

Bullish / Bearish
You're Bearish on Nutr on Wefunder 2022

Thank you for your vote on Nutr on Wefunder 2022