Toast! Supplements

Early Stage

Dietary supplement brand that has sold over $100,000 of its unique gummy product lines

Analytics

Raised to Date: Raised: $25,411

Aggregate Commitments $

Platform

Microventures

Start Date

06/23/2021

Close Date

01/03/2022

Min. Goal

$25,000

Max. Goal

$250,000

Min. Investment

$100

Security Type

Convertible Note

Funding Type

RegCF

Series

Seed

Valuation Cap

$5,000,000

Discount Rate

20%

Rolling Commitments $

Status

Active

Reporting Date

12/05/2021

Days Remaining

29

% of Min. Goal

102%

% of Max. Goal

10%

Likelihood of Max
unlikely
Avg. Daily Raise

$154

Momentum
warm.svg
Log in or create a free account today to gain access to KingsCrowd analytics.
Location

Lincoln, Massachusetts

Industry

Fitness & Wellness

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Business Type

Growth

Toast! Supplements, with a $5 million valuation cap, is raising crowdfunding on MicroVentures. The company makes tasty and appealing gummy supplements that support the liver, improve sleep quality, and provide immune support. The business manufactures its supplements in partnership with a quality American candy maker and has an ingredient supply relationship with another company. Sean O’Neill founded Toast! Supplements in 2017 and has raised $220,000 in previous rounds of financing. The proceeds of the current crowdfunding campaign, with a minimum raise of $25,000 and a maximum raise of $250,000, will be used for manufacturing, marketing, content creation and design, debt repayment, research and development, equipment purchases, and working capital. Toast! Supplements reported $64,000 in revenue in the fourth quarter of 2020 and $19,000 in the first quarter of 2021, with gross margins over 70%.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$81,342

$29,108

COGS

$25,019

$16,999

Tax

$0

$0

 

 

Net Income

$-83,097

$-125,929

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$51,909

$25,002

Accounts Receivable

$0

$0

Total Assets

$71,239

$90,824

Short-Term Debt

$234,305

$170,793

Long-Term Debt

$0

$0

Total Liabilities

$234,305

$170,793

Financials as of: 06/23/2021
Log in or create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Starter

$8.33 /month
billed annually
Free portfolio tracking. Limited reports and filters.
Plan Includes:
Everything in Free, plus
Advanced company search ( limited filters)
Founder profiles and exclusive webinars
2 Analyst Reports per month
Get Starter Annual

Pro

$25 /month
billed annually
Unlimited analyst reports and market analytics.
Plan Includes:
Everything in Starter, plus
Full access to all Analyst Reports
Filter on Analyst Reports (e.g. Top Deal, Deal to Watch, etc.)
Market Analytics
Get Pro Annual

Merlin

$41.67 /month
billed annually
Full site access including Merlin ratings.
Plan Includes:
Everything in Pro, plus
Search and filter companies by Merlin ratings
Company specific Merlin rating and risk assessment
Get Merlin Annual
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Create your first portfolio

Create your very own investment portfolio on KingsCrowd.

Now you can track all of your startup investments in one place utilizing our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
Toast! Supplements on MicroVentures 2021
$
Platform: Microventures
Security Type: Convertible Note
Valuation: $5,000,000

Follow company

Follow Toast! Supplements on MicroVentures 2021