PLNT Burger
About this raise: PLNT Burger, with a valuation of $23.2 million, is raising funds on StartEngine. The company makes 100% plant-based burgers, free of any animal products and harmful ingredients. PLNT Burger products contain zero cholesterol and 30% less fat, are certified Kosher and halal, and are also available in gluten-free and soy-free options. The business has grown to 13 locations in six states, including Whole Foods Market kiosks, and all locations have been profitable year-to-date in 2024 through September. Seth Goldman, Evangelos Spiros Mendelsohn, and Jonah Goldman founded PLNT Burger in June 2019. The current crowdfunding campaign has a minimum target of $123,977.60 and a maximum target of $1.23 million. The campaign proceeds will be used for working capital.
Investment Overview
Committed : $114,762
Deal Terms
Total Commitments ($USD)
- Platform
- StartEngine
- Start Date
- 12/09/2024
- Close Date
- 03/10/2025
$123,978
$1,234,989
$299
Equity - Common
Series A
RegCF
$27.20
$23,203,803
Company & Team
Company
- Year Founded
- 2019
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- High
- Capital Intensity
- Low
Financials
- Revenue +32% YoY
- $10,683,223
- Monthly Burn
- $40,581
-
Runway
- 10.5 months
- Gross Margin
- 73%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $10,506,686
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 03/10/2025 | StartEngine | $23,203,803 | $114,762 | Equity - Common | Active | RegCF |