Nutr

Nutr

Early Stage

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

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

Overview

Raised to Date: Raised: $188,706

Total Commitments ($USD)

Platform

Wefunder

Start Date

10/13/2022

Close Date

02/10/2023

Min. Goal
$50,000
Max. Goal
$1,070,000
Min. Investment

$100

Security Type

Convertible Note

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$10,000,000

Discount

0%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

02/27/2023

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$1,586

# of Investors

234

Momentum
Funded
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Year Founded

2022

Industry

Food, Beverage, & Restaurants

Tech Sector

Foodtech

Distribution Model

B2B/B2C

Margin

High

Capital Intensity

High

Location

Galena, Ohio

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: 10/13/2022
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Nutr on Wefunder 2022
Platform: Wefunder
Security Type: Convertible Note
Valuation: $10,000,000

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