Yae! Organics

Yae! Organics

About this raise

Yae! Organics, with a pre-money valuation of $2.45 million, is raising funds on StartEngine. The company makes skincare products, snacks, beverages, and supplements using the highest quality fruits and vegetables. The products of Yae! Organics make it easy for individuals to meet their daily quotient of fruits and vegetables. The company was formerly formed as Foy Foods, which was dissolved in 2019 to create Yae! Organics. Yae! Organics was founded by Lorenzo Holley, a third-generation farmer. The current round of crowdfunding of the company has a minimum goal of $9,999 and a maximum goal of $106,999, and the proceeds will be used to grow and reach the projected milestones. Yae! Organics has over 10,000 customers and has already been profitable, with more than $245,000 in revenue.

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Investment Overview

Invested this round: $106,788

Deal Terms

Total Commitments ($USD)

Platform
StartEngine
Start Date
02/03/2020
Close Date
06/29/2020
Min. Goal
$10,000
Max Goal
$106,999
Min. Investment

$300

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$0.48

Pre-Money Valuation

$2,448,000

Company & Team

Company

Year Founded
2019
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
Low
Location
Los Angeles, California
Business Type
Life Style
Company Website
Visit Website

Team

Employees
8
Founder Name
Lorenzo Holley
Title
CEO

Financials

 Revenue
$128,989
 Monthly Burn
Profitable
 Cash on Hand
$20,195
Gross Margin
75%

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$96,480

$128,989

COGS

$23,969

$27,287

Tax

$0

$0

 

 

Net Income

$42,112

$37,301

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$20,195

$57,173

Accounts Receivable

$0

$0

Total Assets

$55,195

$57,173

Short-Term Debt

$13,083

$5,908

Long-Term Debt

$0

$0

Total Liabilities

$13,083

$5,908

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
12/31/2021 StartEngine $7,908,859 $76,546 Equity - Common Funded RegCF
06/29/2020 StartEngine $2,448,000 $106,788 Equity - Common Funded RegCF
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Growth Charts

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.

Valuation History

Price per Share History

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

Employee History

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Yae! Organics on Start Engine
Platform: StartEngine
Security Type: Equity - Common
Valuation: $2,448,000
Price per Share: $0.48

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

Yae! Organics Deal Report

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