Well Seasoned

Well Seasoned

Closed: Jan. 2023

About this raise: Well Seasoned, with a valuation of $8 million, is raising funds on SeedInvest. The company delivers restaurant-quality seasoned meats to customers’ homes. The offerings of Well Seasoned include a wide variety of pre-prepared meats available through subscription or a la carte and can be cooked at home in the least amount of time. Well Seasoned sold over 7,000 boxes of meats from the first to the third quarter of 2022, up by 217% compared to the same period in 2021. Dan Treiman founded Well Seasoned in October 2020. The current crowdfunding campaign has a minimum RegCF target of $25,000, a minimum raise target of $200,000, and a maximum target of $1.24 million. The campaign proceeds will be used for hiring, marketing, technology, R&D, and sales.

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Investment Overview

Not Funded: $18,600

Deal Terms

Total Commitments ($USD)

Platform
SeedInvest
Start Date
12/05/2022
Close Date
01/24/2023
Min. Goal
$25,000
Max. Goal
$1,235,000
Min. Investment

$1,000

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF / RegD 506(c)    Open SEC Filing

Valuation Cap

$8,000,000

Discount

0%

Company & Team

Company

Year Founded
2020
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
Location
Orlando, Florida
Business Type
Growth
Company Website
Visit Website

Team

Employees
2
Prior Founder Exits?
No
Founder Name
Daniel Treiman
Title
CEO
Founder Name
Jeff Sigal
Title
COO

Financials

as of Fiscal Year 2021
 Revenue
$149,488
 Monthly Burn
$40,227
 Runway
6.3 months

Summary Profit and Loss Statement

FY 2021 FY 2020

Revenue

$149,488

$24

COGS

$168,977

$0

Tax

$0

$0

 

 

Net Income

$-482,727

$-75,682

Summary Balance Sheet

FY 2021 FY 2020

Cash

$253,255

$225,753

Accounts Receivable

$20,722

$0

Total Assets

$273,977

$225,753

Short-Term Debt

$162,836

$1,350

Long-Term Debt

$669,465

$300,000

Total Liabilities

$832,301

$301,350

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$788,867
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
01/24/2023 SeedInvest $8,000,000 $18,600 SAFE Not Funded RegCF / RegD 506(c)
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Add to portfolio
Well Seasoned on SeedInvest 2022
Platform: SeedInvest
Security Type: SAFE
Valuation: $8,000,000

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Follow Well Seasoned on SeedInvest 2022

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

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