Yumwoof

Early Stage

Artisanal dog food with natural ingredients you'd eat. No refrigeration needed

Analytics

Raised to Date: Raised: $60,025

Aggregate Commitments $

Platform

Republic

Start Date

10/29/2021

Close Date

04/30/2022

Min. Goal

$107,010

Max. Goal

$250,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Series

Pre-Seed

Valuation Cap

$8,000,000

Discount Rate

0%

Rolling Commitments $

Status

Active

Reporting Date

12/05/2021

Days Remaining

146

% of Min. Goal

56%

% of Max. Goal

24%

Likelihood of Max
likely
Avg. Daily Raise

$1,622

Momentum
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Location

Las Vegas, Nevada

Industry

Pet Health, Food, and Services

Tech Sector

Foodtech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Business Type

Growth

Yumwoof, with a valuation of $8 million, is raising funds on Republic. The company has invented artisanal dog food with natural ingredients. The soft kibble is affordable, minimally processed, and has a shelf life of over one year without refrigeration. The unique dog food of Yumwoof balances natural ingredients and convenience with its innovative ways. Yumwoof is vet-approved and has achieved over $114,000 per month in revenue in just eight months. Jaron Lukas founded Yumwoof in April 2020. The current crowdfunding campaign has a minimum target of $107,010 and a maximum target of $250,000. The campaign proceeds will be used to introduce several new SKUs and expand into more categories.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$27,721

$0

COGS

$58,080

$0

Tax

$0

$0

 

 

Net Income

$-46,371

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$53,677

$0

Accounts Receivable

$0

$0

Total Assets

$53,677

$0

Short-Term Debt

$25,048

$0

Long-Term Debt

$0

$0

Total Liabilities

$25,048

$0

Financials as of: 10/29/2021
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Yumwoof on Republic 2021
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Platform: Republic
Security Type: SAFE
Valuation: $8,000,000

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