Uncooked

Uncooked

Closed: Mar. 2023

About this raise

Uncooked, with a valuation of $15 million, is raising funds on Republic. It is a plant-based food company that is changing the way people consume healthy food. The business sells a variety of healthy and delicious foods and beverages, including bowls, sushi, overnight oats, smoothies, muffins, donuts, cake cups, coffee, and zero-proof cocktails. Uncooked has generated $1 million in lifetime sales with a 212% year-over-year revenue growth. Jeremy Jones founded Uncooked in July 2019. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $1,070,000. The campaign proceeds will be used to build out digital infrastructure, add more locations, open more partnership locations, expand the presence in groceries and specialty stores, and expand national distribution.

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Investment Overview

Invested this round: $47,600

Deal Terms

Total Commitments

Platform
Republic
Start Date
07/14/2022
Close Date
03/09/2023
Min. Goal
$25,000
Max Goal
$1,070,000
Min. Investment

$150

Security Type

SAFE

Company Stage

Early Stage

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$15,000,000

Discount

0%

Company & Team

Company

Year Founded
2019
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
Low
Location
Chicago, Illinois
Business Type
Growth
Company Website
Visit Website

Team

Employees
10
Prior Founder Exits?
No
Founder Name
Jeremy Jones
Title
CEO
Founder Name
Carole Jones
Title
COO
Founder Name
Kaitlyn Jones
Title
CBO

Financials

 Revenue +281% YoY
$705,365
 Monthly Burn
$2,263
 Runway
24+ months
 Gross Margin
64%

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$705,365

$185,057

COGS

$251,546

$76,132

Tax

$0

$0

 

 

Net Income

$-27,160

$-231,023

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$123,338

$79,311

Accounts Receivable

$2,650

$700

Total Assets

$606,344

$587,053

Short-Term Debt

$41,829

$45,620

Long-Term Debt

$914,000

$839,000

Total Liabilities

$955,829

$884,620

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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
03/09/2023 Republic $15,000,000 $47,600 SAFE Funded RegCF
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Founder Interview

Uncooked Founder Jeremy Jones on Making Healthy Food Accessible

It’s easy to pick up your phone, open your favorite delivery app, and get a meal delivered to your home in minutes. The options seem endless. But how many of those options are vegan, gluten-free, and made from whole food ingredients? 

Uncooked is striving not only to democratize access to healthy food options, but also to maintain community and sustainability. The restaurant serves whole-ingredient, gluten-free, plant-based food at physical locations and via delivery. In this interview, we spoke to founder and CEO Jeremy Jones about his mission of democratizing access to healthy food.                                          

Note: This interview was conducted over phone and email. It has been lightly edited for clarity and length.

Read Founder Interview

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Add to portfolio
Uncooked on Republic 2022
Platform: Republic
Security Type: SAFE
Valuation: $15,000,000

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Warning: according to the close date for this deal, Uncooked may no longer be accepting investments.

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