Pan’s Mushroom Jerky

Pan’s Mushroom Jerky

Open  for investment

About this raise

Pan’s Mushroom Jerky is raising funds on SMBX. The company makes sustainable and innovative mushroom-based snacks. Pan’s Mushroom Jerky is made from shiitake mushrooms and offers an umami taste and satisfying meaty texture, unlike any other jerky. The business uses high-quality ingredients and innovation and has grown into a nationally recognized brand. Michael Pan founded Pan’s Mushroom Jerky in December 2020. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $500,000. The campaign proceeds will be used to purchase supplies and inventory, fund sales and marketing, and refinance debt.

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Investment Overview

Committed this round: $10,860

Deal Terms

Total Commitments ($USD)

Platform
SMBX
Start Date
01/30/2025
Close Date
03/27/2025
Min. Goal
$10,000
Max Goal
$500,000
Min. Investment

$10

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

11.50%

Term Length

6.0 years

Company & Team

Company

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

Team

Employees
14
Prior Founder Exits?
No
Founder Name
Michael Pan
Title
CEO

Financials

as of Fiscal Year 2023
 Revenue -8.5% YoY
$2,882,541
 Monthly Burn
$93,104
 Runway
1.7 months
Gross Margin
30%

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$2,882,541

$3,148,758

COGS

$2,004,155

$1,895,680

Tax

$0

$0

 

 

Net Income

$-1,117,251

$-956,498

Summary Balance Sheet

FY 2023 FY 2022

Cash

$159,617

$759,114

Accounts Receivable

$334,202

$381,186

Total Assets

$2,226,921

$1,843,697

Short-Term Debt

$2,434,781

$1,965,317

Long-Term Debt

$1,344,841

$613,830

Total Liabilities

$3,779,622

$2,579,147

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
03/27/2025 SMBX - $10,860 Debt Active RegCF
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Pan’s Mushroom Jerky on SMBX 2025
Platform: SMBX
Security Type: Debt

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