Trashy

Trashy

Early Stage

Upcycled Innovation in $50bn Category

Upcycled Innovation in $50bn Category

Overview

Raised to Date: Raised: $101,744

Total Commitments ($USD)

Platform

Wefunder

Start Date

05/05/2024

Close Date

09/30/2024

Min. Goal
$100,000
Max. Goal
$124,000
Min. Investment

$100

Security Type

SAFE

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$7,000,000

Valuation Cap

$7,500,000

Discount

20%

Rolling Commitments ($USD)

Status

Active

Reporting Date

05/21/2024

Days Remaining

131

% of Min. Goal

102%

% of Max. Goal

82%

Likelihood of Max
extremely
Avg. Daily Raise

$6,359

# of Investors

140

Momentum
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Year Founded

2015

Industry

Food, Beverage, & Restaurants

Tech Sector

Foodtech

Location

Los Angeles, California

Trashy, with a valuation of $7.5 million, is raising funds on Wefunder. The company makes chips using nutritious vegetable scraps. Trashy helps eliminate the tasteless and wasted organic greens in the fight against climate change while creating delicious and nutritious chips. The business sells through 600 premium locations to over 600,000 customers and has generated $2 million in revenue since its launch. Kaitlin Mogentale founded Trashy in September 2015. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $124,000. The campaign proceeds will be used for team growth, marketing, sales operations, working capital, and sampling.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$381,545

$1,000,941

COGS

$245,768

$599,619

Tax

$2,419

$882

 

 

Net Income

$-240,825

$-88,272

Summary Balance Sheet

FY 2023 FY 2022

Cash

$6,914

$14,395

Accounts Receivable

$46,337

$41,334

Total Assets

$205,015

$116,746

Short-Term Debt

$32,840

$113,924

Long-Term Debt

$0

$0

Total Liabilities

$32,840

$113,924

Financials as of: 05/05/2024
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Trashy on Wefunder 2024
Platform: Wefunder
Security Type: SAFE
Valuation: $7,500,000

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