To’ak Chocolate

To’ak Chocolate

Early Stage

Invest in the Future of Chocolate

Invest in the Future of Chocolate

Overview

Raised this Round: Raised: $0

Total Commitments ($USD)

Platform

Wefunder

Start Date

09/02/2024

Close Date

01/17/2025

Min. Goal
$50,000
Max. Goal
$300,000
Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$4,800,000

Valuation Cap

$6,000,000

Discount

20%

Year Founded

2021

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

Location

Winnetka, Illinois

Business Type

Growth

To’ak Chocolate, with a valuation of $6 million, is raising funds on Wefunder. It is a chocolate company in Chicago, Illinois, reimagining the chocolate industry and rewarding nature, farmers, and consumers. To’ak Chocolate is an aspirational yet affordable luxury brand with a rapidly growing customer base. The business is driven by strong ethics and generated $1 million in revenue in 2023. Dennise Valencia and Carl Schweizer founded To’ak Chocolate in August 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $300,000. The campaign proceeds will be used for streamlining and strengthening operations, producing inventory, cost optimization measures, a new product launch, and transitioning to a new fulfillment solution.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$947,927

$596,097

COGS

$629,374

$614,487

Tax

$1,470

$0

 

 

Net Income

$-81,918

$-462,422

Summary Balance Sheet

FY 2023 FY 2022

Cash

$31,198

$78,088

Accounts Receivable

$106,322

$50,578

Total Assets

$244,862

$288,395

Short-Term Debt

$356,105

$286,049

Long-Term Debt

$0

$0

Total Liabilities

$356,105

$286,049

Financials as of: 09/02/2024
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Raise History

Offering Name Close Date Platform Valuation Total Raised Security Type Status Reg Type
To’ak Chocolate 01/17/2025 Wefunder $6,000,000 $0 SAFE Active RegCF

No prior online funding rounds.

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To’ak Chocolate on Wefunder 2024
Platform: Wefunder
Security Type: SAFE
Valuation: $6,000,000

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