Proper Good
About this raise
Proper Good, with a valuation cap of $5.5 million, is raising funds on WeFunder. The company manufactures and sells 90-second meals with bone broth and has started with soup. The products are made from high-quality ingredients and will be delivered to the doorstep of the consumers. Proper Good was founded by Christopher Jane and Jennifer Jane and has raised over $200,000 since its founding. The proceeds of the current crowdfunding round, with a minimum goal of $50,000 and a maximum goal of $250,000, will be used towards the first production run, digital and influencer marketing, and brand partnerships. Proper Good expects to use a lean business model, low production quantities, and short lead times and generate more than 65% in margins.
Investment Overview
Invested $86,570 :
Deal Terms
Company & Team
Company
- Year Founded
- 2019
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- High
- Capital Intensity
- Low
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Company Funding & Growth
Funding history
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
04/29/2020 | Wefunder | $5,500,000 | $86,570 | SAFE | Funded | RegCF |