About this raise
Philosopher Foods, with a valuation of $6.4 million, is raising funds on Wefunder. The company makes craft nut butters in small batches for enhanced texture, flavor, and nutrition. Philosopher Foods is scaling regenerative agriculture and creating its Regenerative Organic Certified and Glyphosate Residue Free certified almond and coconut butters. The business grew 25% to $1.1 million from 2023 to 2024 and 56.2% from 2022 to 2024. Tim Richards founded Philosopher Foods in May 2014. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $124,000. The campaign proceeds will be used for marketing, working capital, hiring, and capital expenses for production needs.
Investment Overview
Committed $5,200 :
Deal Terms
Company & Team
Company
- Year Founded
- 2014
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Medium
- Capital Intensity
- Low
Financials
- Revenue +34% YoY
- $1,013,028
- Monthly Burn
- $20,951
-
Runway
- 3.3 months
- Gross Margin
- 54%
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
- $1,348,352
- VC Backed?
- No