Taste Of Nature (2024)

Taste Of Nature (2024)

Closed: Mar. 2024

About this raise

Taste of Nature, with a valuation of $108.4 million, is raising funds on PicMii. It is a confectionary and snack company that is recognized as a world leader in cookie dough confections. Taste of Nature’s product offerings include Cookie Dough Bites, Swirlz, and Muddy Bears, and are available in major outlets like Walmart, Walgreens, CVS, Amazon, and 7-11 across 45 countries. Scott Samet and Douglas Chu founded Taste of Nature in June 1992. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $2 million. The campaign proceeds will be used for sales, marketing, and equipment.

Expand

Investment Overview

Invested this round: $215,604

Deal Terms

Total Commitments

Platform
PicMii
Start Date
12/22/2023
Close Date
03/29/2024
Min. Goal
$10,000
Max Goal
$2,000,000
Min. Investment

$1,000

Security Type

Equity - Common

Company Stage

Growth Stage

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$2.00

Pre-Money Valuation

$106,389,282

Company & Team

Company

Year Founded
1992
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
Low
Location
Santa Monica, California
Business Type
Growth
Company Website
Visit Website

Team

Employees
34
Prior Founder Exits?
No
Founder Name
Scott Samet
Title
President
Founder Name
Douglas Chu
Title
Vice President

Financials

 Revenue +12% YoY
$31,790,371
as of FY2022
 Monthly Burn
Profitable
as of FY2022
 Cash on Hand
$1,056,290
as of FY2022
 Gross Margin
37%
as of FY2022

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$31,790,371

$28,378,261

COGS

$19,984,739

$19,515,182

Tax

$12,172

$2,636

 

 

Net Income

$3,207,194

$2,468,891

Summary Balance Sheet

FY 2022 FY 2021

Cash

$1,056,290

$237,371

Accounts Receivable

$1,834,769

$2,591,693

Total Assets

$7,927,816

$8,211,126

Short-Term Debt

$2,588,535

$3,280,522

Long-Term Debt

$2,270,298

$3,531,983

Total Liabilities

$4,858,833

$6,812,505

Create a free account today to gain access to Kingscrowd analytics and financials.

Upgrade to gain access

Pay Monthly
Annually (2 months free)

Edge

$12.50 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific Kingscrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Ratings Kingscrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars

Company Funding & Growth

Funding history

Total Prior Capital Raised
$2,985,643
VC Backed?
No
Offering Name Close Date Platform Valuation Total Raised Security Type Status Reg Type
Taste Of Nature 03/29/2024 PicMii $106,389,282 $215,604 Equity - Common Funded RegCF
Taste of Nature 02/28/2023 Equifund $50,000,000 $2,985,643 Equity - Common Funded RegCF
Create a free account today to gain access to Kingscrowd analytics.

Growth Charts

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.

Valuation History

Price per Share History

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

Employee History

Founders: enhance your startup's credibility on Kingscrowd. Create an account to claim this raise page.
Add to portfolio
Taste of Nature on PicMii 2023
Platform: PicMii
Security Type: Equity - Common
Valuation: $106,389,282
Price per Share: $2.00

Follow company

Follow Taste of Nature on PicMii 2023

Buy Taste Of Nature's Deal Report

Warning: according to the close date for this deal, Taste Of Nature may no longer be accepting investments.

Taste Of Nature Deal Report

Get Kingscrowd's comprehensive report on Taste Of Nature including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Taste Of Nature is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Taste Of Nature deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge