This company is no longer in business. Investors can get details about any potential exits or failures here.
Super Belly Ferments
SAUCE MANUFACTURING
Overview
Raised: $75,000
Total Commitments ($USD)
Platform
SMBX
Start Date
07/25/2021
Close Date
09/15/2021
Min. Goal
$25,000
Max. Goal
$75,000
Min. Investment
$10
Security Type
Debt
Series
Pre-Seed
SEC Filing Type
RegCF
Rolling Commitments ($USD)
Status
Funded
Reporting Date
09/29/2021
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$1,442
Momentum
Funded
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Year Founded
2018
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
High
Super Belly Ferments, a probiotic food products company in Bend, OR, is raising funds on SMBX. The company makes easily accessible fermented food, including salad dressings and probiotic drinks. The product line of Super Belly Ferments is clean and does not contain any sugar, gluten, soy, dairy, or egg. Sarah Frost-McKee and Paul Trendler founded Super Belly Ferments in October 2018. The current crowdfunding round has a minimum goal of $25,000 and a maximum goal of $40,000, and the funds will be used towards raw materials, sales support, promotions and marketing, and expansion of the product base throughout Northern California and the Rocky Mountain region. Super Belly Ferments also plans to grow through new grocery chain rollouts.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$94,155 |
$73,953 |
|
COGS |
$35,441 |
$36,215 |
|
Tax |
$797 |
$781 |
| ||
| ||
|
Net Income |
$-1,918 |
$-21,716 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$11,385 |
$6,983 |
|
Accounts Receivable |
$917 |
$0 |
|
Total Assets |
$16,091 |
$16,030 |
|
Short-Term Debt |
$0 |
$13,022 |
|
Long-Term Debt |
$55,000 |
$53,022 |
|
Total Liabilities |
$55,000 |
$66,044 |
Financials as of: 07/25/2021
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