The Empowered Cookie
Early Stage
HAVE COOKIES FOR BREAKFAST
Overview
Raised: $59,325
Total Commitments ($USD)
Platform
Wefunder
Start Date
02/02/2023
Close Date
04/24/2023
Min. Goal
$50,000
Max. Goal
$124,000
Min. Investment
$100
Security Type
SAFE
Series
Seed
SEC Filing Type
RegCF
Valuation Cap
$3,500,000
Discount
20%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
04/29/2023
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$742
# of Investors
34
Momentum
Funded
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Year Founded
2020
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
The Empowered Cookie, with a valuation of $3.5 million, is raising funds on Wefunder. The food business makes gourmet products with maximum taste and nutritional value. The flagship product of The Empowered Cookie is its cookies made using vegan protein, contain 25% less sugar than the leading cookies, and taste good. The Empowered Cookie is led by an experienced team and reported a 110% year-over-year revenue growth. Natalia Barr founded The Empowered Cookie in January 2020. 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 hiring, marketing, R&D, and COGS.
Summary Profit and Loss Statement
| FY 2021 | FY 2020 | |
|---|---|---|
|
Revenue |
$191,307 |
$184,508 |
|
COGS |
$87,511 |
$81,120 |
|
Tax |
$1,083 |
$479 |
| ||
| ||
|
Net Income |
$-33,181 |
$-83,243 |
Summary Balance Sheet
| FY 2021 | FY 2020 | |
|---|---|---|
|
Cash |
$156,172 |
$119,384 |
|
Accounts Receivable |
$25,426 |
$19,260 |
|
Total Assets |
$232,694 |
$181,680 |
|
Short-Term Debt |
$90,932 |
$48,898 |
|
Long-Term Debt |
$220,810 |
$229,088 |
|
Total Liabilities |
$311,742 |
$277,986 |
Financials as of: 02/02/2023
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