Taste of Nature

Taste of Nature

Growth Stage

Premium Confectionary

Premium Confectionary

Overview

Raised to Date: Raised: $2,985,643

Total Commitments ($USD)

Platform

Equifund

Start Date

11/03/2022

Close Date

02/28/2023

Min. Goal
$20,000
Max. Goal
$3,000,000
Min. Investment

$500

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.00

Pre-Money Valuation

$50,000,000

Rolling Commitments ($USD)

Status
Funded
Reporting Date

02/27/2023

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$25,738

Momentum
Funded
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Year Founded

1992

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Location

Santa Monica, California

Business Type

Growth

Taste of Nature, with a valuation of $50 million, is raising funds on Equifund CFP. It is a confectionary and snack company that is recognized as a world leader in cookie dough confections. The product offerings of Taste of Nature include Cookie Dough Bites, Swirlz, and Muddy Bears, and are available in major outlets like Walmart, Walgreens, CVS, Amazon, and 7-11. Scott Samet and Douglas Chu founded Taste of Nature in June 1992. The current crowdfunding campaign has a minimum target of $20,000 and a maximum target of $3 million. The campaign proceeds will be used for plant expansion and CAPEX, advertising and marketing, asset acquisitions and M&A, and working capital.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$28,378,261

$17,106,626

COGS

$19,515,182

$12,890,406

Tax

$2,636

$2,101

 

 

Net Income

$2,468,891

$-2,948,589

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$237,371

$399,586

Accounts Receivable

$2,591,693

$1,776,393

Total Assets

$8,211,126

$7,383,407

Short-Term Debt

$3,280,522

$2,687,006

Long-Term Debt

$3,531,983

$5,833,822

Total Liabilities

$6,812,505

$8,520,828

Financials as of: 11/03/2022
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Taste Of Nature 03/28/2024 PicMii $106,389,282 $215,604 Equity - Common Funded RegCF
Taste of Nature 02/27/2023 Equifund $50,000,000 $2,985,643 Equity - Common Funded RegCF
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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Taste of Nature on Equifund CFP 2022
Platform: Equifund
Security Type: Equity - Common
Valuation: $50,000,000
Price per Share: $1.00

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