The Soop
The Soop is raising funds on SMBX. It is a farm-to-table restaurant in Portland, Oregon, that brings fresh ingredients to the table. The Soop uses hydroponic farming and microgreen farming to grow its own high-quality ingredients using less water, space, and energy and creates comfort food from scratch using these ingredients. Ann Lee and Jeremiah Son founded The Soop in August 2017. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $124,000. The campaign proceeds will be used to purchase new hydroponic equipment, expand the business, and refinance high-interest debt.
Investment Overview
Raised: $41,330
Deal Terms
Total Commitments ($USD)
- Platform
- SMBX
- Start Date
- 11/04/2024
- Close Date
- 12/17/2024
$10,000
$124,000
$10
Debt
Pre-Seed
RegCF
11.25%
3.0 years
Company & Team
Company
- Year Founded
- 2017
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- High
- Capital Intensity
- Low
Financials
- Revenue +47% YoY
- $631,839
- Monthly Burn
- Profitable
- Cash on Hand
- $38,229
- Gross Margin
- 76%
Upgrade to gain access
-
$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
Edge
Ratings 
Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 12/17/2024 | SMBX | - | $41,330 | Debt | Active | RegCF |