Sprinkle Pop

Sprinkle Pop

Open  for investment

About this raise

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.

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Investment Overview

Committed this round: $2,000

Deal Terms

Total Commitments

Platform
Wefunder
Start Date
08/27/2024
Close Date
04/30/2025
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%

Company & Team

Company

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
Company Website
Visit Website

Team

Employees
7
Prior Founder Exits?
No
Founder Name
Elizabeth Butts
Title
CEO

Financials

as of August 1, 2024
 Revenue -9.9% YoY
$2,792,661
 Monthly Burn
$7,000
 Runway
11.4 months
Gross Margin
59%

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

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$350,000
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/30/2025 Wefunder $5,000,000 $2,000 Convertible Note Active RegCF
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Add to portfolio
Sprinkle Pop on Wefunder 2024
Platform: Wefunder
Security Type: Convertible Note
Valuation: $5,000,000

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