Oath Oats
[Closed for Investment] Oath Oats, with a valuation of $7.54M, is raising funds on StartEngine. The company, is dedicated to transforming oats, into delicious and nutritious products. Oath Oats offers products like overnight oats, granola, and oat bars based on viral oat-based recipes from its founder Yumna. These products are gluten-free, free of refined sugar, and aim to elevate breakfast by combining nutrition with convenience. Founded by Yumna Jawad in 2021, the current crowdfunding campaign has a minimum target of $15,000 and a maximum target of $600,000. The campaign proceeds will be used to scale inventory, enhance marketing initiatives, and meet the existing demand from large retailers.
Investment Overview
Raised: $147,838
Deal Terms
Company & Team
Company
- Year Founded
- 2021
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- Low
Financials
-
Revenue
- $49,419
- Monthly Burn
- $32,028
-
Runway
- 2.2 months
- Gross Margin
- 50%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $811,246
- VC Backed?
- No
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
12/05/2023 | StartEngine | $7,540,000 | $147,838 | Equity - Common | Funded | RegCF |