Pacha (2023)

About this raise

Pacha, with a valuation of $3.9 million, is raising funds on Wefunder. The company makes organic and gluten-free bread using healthy and delicious ingredients. The sprouted buckwheat bread of Pacha does not contain any harmful additives and is made using naturally-occurring wild yeast as the main ingredient. Pacha has reported a $1.5 million run rate in seven months, with 46% month-over-month subscription growth and 60% month-over-month repeat customer growth. Adam Hiner founded Pacha in June 2020. The current crowdfunding campaign has a minimum target of $50,004 and a maximum target of $1.23 million. The campaign proceeds will be used for equipment and marketing.

Investment Overview

Invested this round:

$721,352 - RegCF
$1,535,348 -

Deal Terms
Company & Team

Total Commitments

Platform: Wefunder
Start Date: 03/30/2023
Close Date: 06/30/2023

Min. Goal
$50,004

Max Goal
$1,234,997

Min. Investment

$200

Security Type

Equity - Preferred

Company Stage

Early Stage

SEC Filing Type

RegCF / RegD 506(c)

Price Per Share

$7.00

Early Bird Valuation

$3,293,100

Pre-Money Valuation

$3,841,950

Company

Year Founded: 2020
Industry: Food, Beverage, & Restaurants
Tech Sector: Non-Tech
Distribution Model: B2C
Margin: Low
Capital Intensity: Low
Location: VISTA, California
Business Type: Growth
Company Website: Visit Website

Team

Employees: 12
Prior Founder Exits?: No

Founder Name: Adam Hiner
Title: CEO

Founder Name: Madeleine Hamann
Title: Marketing Director

Financials

Revenue +376% YoY: $352,647
as of FY2022
Monthly Burn: $67,337
as of FY2022
Runway: 1.7 months
as of FY2022

View Detailed Financials

Summary Profit and Loss Statement

	FY 2022	FY 2021
Revenue	$352,647	$74,017
COGS	$663,816	$216,875
Tax	$0	$0


Net Income	$-808,047	$-320,393

Summary Balance Sheet

	FY 2022	FY 2021
Cash	$113,339	$310,861
Accounts Receivable	$11,880	$19,524
Total Assets	$233,492	$427,138
Short-Term Debt	$134,488	$8,033
Long-Term Debt	$0	$0
Total Liabilities	$134,488	$8,033

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Ratings

Total Prior Capital Raised: $1,069,480
VC Backed?: No

Close Date	Platform	Valuation	Total Raised	Security Type	Status	Reg Type
12/03/2024	Wefunder	$11,198,583	$618,185	Equity - Preferred	Funded	RegCF
06/30/2023	Wefunder	$3,841,950	$1,535,348	Equity - Preferred	Funded	RegCF / RegD 506(c)

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Revenue
Valuation
Price per Share
Employees

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

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View on Wefunder

Preferred Stock, $3.8M • Closed

6 Following

Add to Portfolio

15 Invested

Deal Considerations

1
Key Challenges
- Try Edge free for 7 days
Other Risks
- No other risks found

Pacha (2023)

Pacha (2023)

About this raise