Patriot Popcorn Co
About this raise
Patriot Popcorn is raising funds on SMBX. The company makes fresh, flavorful, and fast popcorn. The business offers over 85 different flavors of popcorn, including Caramel n’ Cheddar and Chocolate Covered Strawberry, and has a variety of packages for birthdays, weddings, corporate events, and holiday parties. Patriot Popcorn cares about the community too and gives a portion of the proceeds to nonprofits for veterans, first responders, and cancer research foundations. Michael Brady and John Brady founded Patriot Popcorn in February 2020. The current crowdfunding campaign has a minimum target of $15,000 and a maximum target of $40,000. The campaign proceeds will be used to move into a larger retail location and purchase equipment.
Investment Overview
Invested : $35,670
Deal Terms
Total Commitments
- Platform
- SMBX
- Start Date
- 02/17/2022
- Close Date
- 04/04/2022
$15,000
$40,000
$100
Debt
RegCF
Company & Team
Company
- Year Founded
- 2020
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- High
- Capital Intensity
- Low
Financials
-
Revenue
- $146,629
- Monthly Burn
- Profitable
- Cash on Hand
- $7,806
- Gross Margin
- 68%
Upgrade to gain access
-
$12.50 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
Kingscrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 04/04/2022 | SMBX | - | $35,670 | Debt | Funded | RegCF |