Sprinkle Pop

Sprinkle Pop

Growth Stage

Trendy Sprinkle Mixes & Cake Decorations

Trendy Sprinkle Mixes & Cake Decorations

Overview

Raised this Round: Raised: $0

Total Commitments ($USD)

Platform

Wefunder

Start Date

08/27/2024

Close Date

12/31/2024

Min. Goal
$50,000
Max. Goal
$124,000
Min. Investment

$100

Security Type

Convertible Note

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$4,500,000

Valuation Cap

$5,000,000

Discount

0%

Year Founded

2017

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

Low

Location

Houston, Texas

Business Type

Growth

Sprinkle Pop, with a valuation of $5 million, is raising funds on Wefunder. The company makes custom sprinkle mixes and cake decorations. Sprinkle Pop is revolutionizing the sprinkles industry with its unique offerings, including Monster Mashup sprinkle mix, Unicorn sprinkle mix, Pumpkin Carriage sprinkle mix, printed fondant, and printed wafer paper. The business has over 350,000 customers and has sold over one million bottles. Elizabeth Butts founded Sprinkle Pop in May 2017. 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 operating expenses, marketing, equipment purchases, employee raises and hiring, and debt repayment.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$2,792,661

$3,099,567

COGS

$1,147,759

$1,615,443

Tax

$0

$0

 

 

Net Income

$-294,224

$-652,730

Summary Balance Sheet

FY 2023 FY 2022

Cash

$98,362

$18,212

Accounts Receivable

$0

$0

Total Assets

$372,717

$253,319

Short-Term Debt

$563,520

$500,469

Long-Term Debt

$1,166,733

$815,754

Total Liabilities

$1,730,253

$1,316,223

Financials as of: 08/27/2024
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Raise History

Offering Name Close Date Platform Valuation Total Raised Security Type Status Reg Type
Sprinkle Pop 12/31/2024 Wefunder $5,000,000 $0 Convertible Note Active RegCF

No prior online funding rounds.

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Sprinkle Pop on Wefunder 2024
Platform: Wefunder
Security Type: Convertible Note
Valuation: $5,000,000

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