Zeek Bar

Early Stage

The Kids Bar Re-Imagined

Analytics

Raised to Date: Raised: $85,821

Aggregate Commitments $

Platform

Wefunder

Start Date

09/14/2022

Close Date

11/28/2023

Min. Goal

$50,000

Max. Goal

$100,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Series

Pre-Seed

Valuation Cap

$2,500,000

Discount Rate

20%

Rolling Commitments $

Status

Active

Reporting Date

10/05/2022

Days Remaining

419

% of Min. Goal

172%

% of Max. Goal

86%

Likelihood of Max
extremely
Avg. Daily Raise

$4,087

# of Investors

38

Momentum
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Location

Novato, California

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Business Type

Growth

Zeek Bar, with a valuation of $2.5 million, is raising funds on Wefunder. The company is reimagining kids’ snack bars with less sugar and more protein. The snack bars of Zeek Bar contain 50% less sugar, four times more protein, and come in a variety of flavors that kids love. The bars are made using natural and non-GMO ingredients like almond butter and honey to make them more nutritious and delicious. Zeek Bar is Amazon’s #1 best-selling product and reported a 173% year-over-year growth in 40 Whole Foods Stores. Reid Pearson and Cassidy Pearson founded Zeek Bar in October 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $100,000. The campaign proceeds will be used for digital customer acquisition, expansion to natural grocery stores, and inventory.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$122,756

$68,307

COGS

$89,505

$54,302

Tax

$800

$800

 

 

Net Income

$-64,955

$-55,723

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$12,375

$3,828

Accounts Receivable

$8,034

$-821

Total Assets

$84,410

$63,348

Short-Term Debt

$47,222

$13,854

Long-Term Debt

$116,300

$69,600

Total Liabilities

$163,522

$83,454

Financials as of: 09/14/2022
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Zeek Bar on Wefunder 2022
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Platform: Wefunder
Security Type: SAFE
Valuation: $2,500,000

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