Vegan Mob

Vegan Mob

Growth Stage

Serving up the best vegan BBQ & soul food in the Bay Area

Serving up the best vegan BBQ & soul food in the Bay Area

Overview

Raised to Date: Raised: $299,043

Total Commitments ($USD)

Platform

Wefunder

Start Date

08/31/2021

Close Date

04/30/2022

Min. Goal
$50,000
Max. Goal
$1,070,000
Min. Investment

$100

Security Type

SAFE

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$18,000,000

Valuation Cap

$20,000,000

Discount

20%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

04/30/2022

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$1,241

# of Investors

646

Momentum
Funded
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Year Founded

2019

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Medium

Capital Intensity

High

Location

Oakland, California

Business Type

Life Style

Vegan Mob, with a valuation of $20 million, is raising funds on Wefunder. The restaurant serves the best vegan BBQ and soul food in the Bay Area. The offerings of Vegan Mob include gumbo, brisket, the Mob Plate, and the Smackaroni. Vegan Mob has hundreds of visitors per day and hundreds of delivery orders through Caviar, DoorDash, and Postmates. Toriano Gordon founded Vegan Mob in January 2019. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1,070,000. The campaign proceeds will be used for working capital, marketing, and hiring one full-time salesperson.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$2,342,087

$357,480

COGS

$1,075,183

$153,194

Tax

$0

$0

 

 

Net Income

$-43,196

$35,409

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$306,224

$19,808

Accounts Receivable

$0

$0

Total Assets

$318,724

$45,808

Short-Term Debt

$370,773

$31,419

Long-Term Debt

$378,566

$69,405

Total Liabilities

$749,339

$100,824

Financials as of: 08/31/2021
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Vegan Mob 04/25/2024 Wefunder $25,000,000 $32,944 Convertible Note Active RegCF
Vegan Mob 04/29/2022 Wefunder $20,000,000 $299,043 SAFE Funded RegCF
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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Vegan Mob on Wefunder 2021
Platform: Wefunder
Security Type: SAFE
Valuation: $20,000,000

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