Sazi Foods
Early Stage
Satisfy your craving for food
Overview
Raised: $34,594
Total Commitments ($USD)
Platform
Netcapital
Start Date
03/09/2022
Close Date
06/28/2024
Min. Goal
$10,000
Max. Goal
$250,000
Min. Investment
$99
Security Type
Equity - Common
Series
Pre-Seed
SEC Filing Type
RegCF
Price Per Share
$1.00
Pre-Money Valuation
$1,925,000
Year Founded
2021
Industry
Food, Beverage, & Restaurants
Tech Sector
Foodtech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
Sazi Foods, with a valuation of $1.9 million, is raising funds on NetCapital. The company develops and markets hemp seed-based food products to consumers who care about the environment and what they eat. The business plans to start with an e-commerce and food truck-only model to promote its sustainable plant-based food products. Sazi Foods has developed nine products and has memberships with networking associations, including Hemp Open Space and Global Hemp Association. Lisa Newmann, Joe Perello, and Barbara Newman founded Sazi Foods in March 2021. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $250,000. The campaign proceeds will be used for inventory, production, marketing, customer acquisition, and general and administrative expenses.
Summary Profit and Loss Statement
| FY 2023 | FY 2022 | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-7,213 |
$-20,068 |
Summary Balance Sheet
| FY 2023 | FY 2022 | |
|---|---|---|
|
Cash |
$0 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$0 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$50,000 |
$50,000 |
|
Total Liabilities |
$50,000 |
$50,000 |
Financials as of: 03/09/2022
Create a free account today to gain access to Kingscrowd analytics.
Raise History
| Offering Name | Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| Sazi Foods | 06/28/2024 | Netcapital | $1,925,000 | $34,594 | Equity - Common | Funded | RegCF |
No prior online funding rounds.
Create a free account today to gain access to Kingscrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (2 months free)
-
$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
Already a member? Log in here.
Ratings 
Founders: enhance your startup's credibility on Kingscrowd. Create an account to claim this raise page.