Uncle’s Ice Cream
About this raise
Uncle’s Ice Cream, with a valuation of $12.9 million, is raising funds on StartEngine. The company makes premium craft ice cream sandwiches in tropical and traditional flavors. The business has always prioritized quality, taste, convenience, and variety and has become Hawaii’s favorite ice cream novelty. Uncle’s Ice Cream plans to expand to more states and will soon sell its products in Whole Foods stores across major cities, including Phoenix, Las Vegas, and Los Angeles. Paul D Logan and Barbara J Logan founded Uncle’s Ice Cream in August 2017. The current crowdfunding campaign has a minimum target of $9,999.65 and a maximum target of $1,069,999.10. The campaign proceeds will be used to start its mainland operations and ship to neighboring Hawaiian islands.
Investment Overview
Invested $1,069,971 :
Deal Terms
Company & Team
Company
- Year Founded
- 2017
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2B2C
- Margin
- High
- Capital Intensity
- High
Financials
- Revenue +52% YoY
- $1,183,036
- Monthly Burn
- Profitable
-
Cash on Hand
- $103,312
- Gross Margin
- 40%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
11/15/2022 | StartEngine | $12,900,000 | $1,069,971 | Equity - Common | Funded | RegCF |