Tally Kids
Early Stage
Nutritious plant-based milk and toddler formula for kids!
Overview
Raised: $70,950
Total Commitments ($USD)
Platform
Wefunder
Start Date
05/23/2023
Close Date
09/27/2023
Min. Goal
$50,000
Max. Goal
$800,000
Min. Investment
$100
Security Type
SAFE
Series
Seed
SEC Filing Type
RegCF
Early Bird Val. Cap
$6,000,000
Valuation Cap
$8,000,000
Discount
0%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
09/30/2023
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$563
# of Investors
51
Momentum
Funded
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Year Founded
2022
Industry
Food, Beverage, & Restaurants
Tech Sector
Foodtech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
Tally Kids, with a valuation of $8 million, is raising funds on Wefunder. The company makes nutritious plant-based milk and toddler formula for kids. The product of Tally Kids has been developed by a nutritional biochemist and is fortified with 21 vitamins and minerals with no sugar. Tally Kids sells through food distributors like UNFI and KeHE and shipped its first purchase orders worth $28,478 in May 2023. Kyle Watts founded Tally Kids in August 2022. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $800,000. The campaign proceeds will be used to fund the production of Tally Organic Oatmilk Toddler Formula and Tally Kids 32oz Chickpea Milk.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-47,568 |
$0 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$38,469 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$108,883 |
$0 |
|
Short-Term Debt |
$136,371 |
$0 |
|
Long-Term Debt |
$20,000 |
$0 |
|
Total Liabilities |
$156,371 |
$0 |
Financials as of: 05/23/2023
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