Uprising Food

Growth Stage

A “Health-First”, Artisan Bakery At Digital Scale.

Analytics

Raised to Date: Raised: $168,979

Aggregate Commitments $

Platform

StartEngine

Start Date

08/12/2022

Close Date

11/10/2022

Min. Goal

$9,999

Max. Goal

$1,069,998

Min. Investment

$102

Security Type

Equity - Common

Funding Type

RegCF

Series

Series A

Price Per Share

$1.79

Pre-Money Valuation

$11,161,166

Rolling Commitments $

Status

Active

Reporting Date

10/05/2022

Days Remaining

36

% of Min. Goal

1,690%

% of Max. Goal

16%

Likelihood of Max
unlikely
Avg. Daily Raise

$3,129

# of Investors

223

Momentum
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Location

Cincinnati, Ohio

Industry

Food, Beverage, & Restaurants

Tech Sector

Retailtech

Distribution Model

B2C

Margin

Low

Capital Intensity

High

Business Type

Growth

Uprising Food, with a valuation of $11.2 million, is raising funds on StartEngine. The company makes food products backed by the latest health science. The products of Uprising Food are low-carb, prebiotic, functional, and appeal to modern diets. Uprising Food’s products support gut health and are gluten-free, keto-friendly, and paleo-approved. The business works on a unique ‘farm market at digital scale’ model and enables rapid innovation and instant national distribution. William Donald Schumacher III, Kristen Schumacher, Mark Frommeyer, and Sara Frommeyer founded Uprising Food in February 2019. The current crowdfunding campaign has a minimum target of $9,998.94 and a maximum target of $1,069,997.56. The campaign proceeds will be used to add more products and expand partnerships.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$3,670,448

$983,099

COGS

$2,555,675

$832,663

Tax

$0

$0

 

 

Net Income

$-1,616,746

$-432,453

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$339,938

$394,439

Accounts Receivable

$5,141

$123,801

Total Assets

$405,737

$723,551

Short-Term Debt

$188,456

$83,037

Long-Term Debt

$1,166,633

$25,067

Total Liabilities

$1,355,089

$108,104

Financials as of: 08/12/2022
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Uprising Food on StartEngine 2022
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Platform: StartEngine
Security Type: Equity - Common
Valuation: $11,161,166

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