Overview

Raised to Date: Raised: $32,944

Deal Terms

Investment Momentum

Company Profile

Deal Summary

Financials

Funding History

Growth Charts

Total Commitments ($USD)

Platform

Wefunder

Start Date

08/20/2023

Close Date

04/26/2024

Min. Goal

$50,000

Max. Goal

$618,000

Min. Investment

$100

Security Type

Convertible Note

Series

Seed

SEC Filing Type

RegCF    

Early Bird Val. Cap

$22,000,000

Valuation Cap

$25,000,000

Discount

0%

Rolling Commitments ($USD)

Status

Not Funded

Reporting Date

04/26/2024

Days Remaining

Not Funded

% of Min. Goal

Not Funded

% of Max. Goal

Not Funded

Likelihood of Max

Not Funded

Avg. Daily Raise

$132

# of Investors

84

Momentum

Not Funded

Create a free account today to gain access to KingsCrowd analytics.

Logos provided by Clearbit

Vegan Mob

Year Founded

2019

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

High

Capital Intensity

Low

Location

Oakland, California

Business Type

Growth

Company Website

Vegan Mob, with a valuation of $25 million, is raising funds on Wefunder. The restaurant serves the best vegan BBQ and soul food in the Bay Area. Vegan Mob’s offerings include gumbo, brisket, the Mob Plate, and the Smackaroni. The restaurant has hundreds of visitors per day and hundreds of delivery orders through Caviar, DoorDash, and Postmates. Vegan Mob has generated $7.2 million in revenue to date and has been listed in the ten best vegan BBQ spots in USA Today. Toriano Gordon founded Vegan Mob in January 2019. The current crowdfunding campaign has a minimum target of $150,000 and a maximum target of $618,000. The campaign proceeds will be used for working capital, marketing, and hiring a full-time Chief Financial Officer.

Summary Profit and Loss Statement

	FY 2022	FY 2021
Revenue	$1,745,054	$3,387,225
COGS	$484,571	$1,567,669
Tax	$0	$0
Net Income	$-299,083	$-646,802

Summary Balance Sheet

	FY 2022	FY 2021
Cash	$105,733	$37,698
Accounts Receivable	$0	$0
Total Assets	$284,195	$520,827
Short-Term Debt	$1,371,475	$983,324
Long-Term Debt	$229,885	$443,227
Total Liabilities	$1,601,360	$1,426,551

Financials as of: 08/20/2023

Create a free account today to gain access to KingsCrowd analytics.

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	Not Funded	RegCF
Vegan Mob	04/29/2022	Wefunder	$20,000,000	$299,043	SAFE	Funded	RegCF

Create a free account today to gain access to KingsCrowd analytics.

• Price per Share
• Valuation
• Revenue
• Employees

Price per Share Valuation Revenue Employees

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

Rapper to Restaurateur: Toriano Gordon’s Culinary Revolution with Vegan Mob

Born in Oakland, California, Vegan Mob is a vegan barbecue restaurant created by rapper Toriano Gordon. Toriano created a brand to diversify the vegan options, offering barbecue lovers a healthier and more ethical way to eat their favorite dish.

Toriano just opened a restaurant in San Francisco. He is also launching a franchise and retail products. We reached out to him to learn more about his unique offering.

Read Founder Interview