Vegan Fine Foods

Market For Vegan Foods

Company Information

Website:

https://www.veganfinefoods.com/

Sector:

Fresh Foods

Location:

Ft. Lauderdale, FL

Forbes and The Economist have declared 2019 “The Year of the Vegan.”

Vegan Fine Foods is capitalizing on this declaration by creating an all-vegan market and cafe franchise. The company sells vegan-based groceries, prepared food, and health and beauty products.

In just 15 months, Vegan Fine Foods has generated $1.2 million in revenue, and served more than 35,000 customers from its flagship location. Now it’s raising capital to open additional stores.

The market for meat alternatives is rising fast. Notably, a company called Beyond Meat (NASDAQ: BYND), a producer of plant-based meat substitutes, went public in May 2019. On its first day of trading, the company's stock price surged 160%. CBS News reported the company has been the most successful IPO of 2019.

Team Background

Sara Sherbondy - Chief Operating Officer
Scott Schotter - Chief Marketing Officer
Steven Smith - Founder & CEO
Raising
$50K
Committed
$195K (390%)
Min. Investment
$100
Deal Type
Title III
(For all investors)
Offering Type
Convertible Debt
Finance History
  • $165K
    2017-12-01
    Unknown
    (Loan)
  • $100K
    2018-12-01
    Unknown
    (Loan)
  • $100K
    2019-01-01
    Unknown
    (Loan)
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