Nuttin Ordinary by Clean Simple Foods
About this raise
Nuttin Ordinary by Clean Simple Foods, with a valuation of $3.52 million, is raising funds on StartEngine. It is a premium cheese and food company that makes 100% plant-based food. It uses cashews and other high-quality natural ingredients and age-old cheese fermentation techniques to create clean and delicious food products. The craft cheese of Nuttin Ordinary by Clean Simple Foods has great taste and texture and comes in a variety of flavors. Joshua Velasquez founded Nuttin Ordinary by Clean Simple Foods in April 2022. The current crowdfunding campaign has a minimum target of $9,999.50 and a maximum target of $1,069,999. The campaign proceeds will be used to launch new product lines and flavors, update the packaging design, and expand distribution and retail.
Investment Overview
Invested : $246,300
Deal Terms
Total Commitments
- Platform
- StartEngine
- Start Date
- 09/16/2022
- Close Date
- 01/27/2023
$10,000
$1,069,999
$250
Equity - Common
Early Stage
RegCF
$1.75
$3,517,500
Company & Team
Company
- Year Founded
- 2022
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
- Revenue -40.3% YoY
- $303,687
- Monthly Burn
- $27,729
-
Runway
- 0.8 months
- Gross Margin
- 10%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $1,010,000
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 01/27/2023 | StartEngine | $3,517,500 | $246,300 | Equity - Common | Funded | RegCF |