StartEngine
04/27/2021
10/25/2021
$9,999
$1,069,998
$248
Equity – Preferred
RegCF
Pre-Seed
$7,019,549
Rolling Commitments $
Active
04/28/2021
180
0%
0%
$0
Denver, Colorado
Logistics, Delivery, & Supply Chain
Retailtech
B2B
Low
High
Growth
Mama Gaia, with a pre-money valuation of $7.01 million, is raising funds on StartEngine. The company designs and builds AI-powered, app-enabled smart fridges. The fridges are stocked with locally sourced and healthy food choices and can be unlocked with a smartphone and a QR code. Sarah Lynch founded Mama Gaia in March 2020. The current crowdfunding campaign has a minimum target of $9,999.22 and a maximum target of $1,069,998.08, and the funds will be used to scale the business and use a franchise model to scale nationwide in 2022. Mama Gaia is leading the AI cashier-less retail technology and also uses AI to detect inventory.
Summary Profit and Loss Statement
|
Revenue |
$12,474 |
$25,591 |
|
COGS |
$7,145 |
$17,996 |
|
Tax |
$0 |
$0 |
|
|
||
|
|
||
|
Net Income |
$-33,962 |
$-7,856 |
Summary Balance Sheet
|
Cash |
$45,000 |
$61 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$45,064 |
$126 |
|
Short-Term Debt |
$535 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$535 |
$0 |
