Nutr
About this raise
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.
Investment Overview
Invested $188,706 :
Deal Terms
Company & Team
Company
- Year Founded
- 2022
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- High
- Capital Intensity
- High
Financials
- Revenue +1,483% YoY
- $783,046
- Monthly Burn
- Profitable
- Cash on Hand
- $100,352
- Gross Margin
- 66%
Upgrade to gain access
-
$12.50 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
Kingscrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
02/10/2023 | Wefunder | $10,000,000 | $188,706 | Convertible Note | Funded | RegCF |