ReThink Ice Cream on MicroVentures

Platform

Microventures

Start Date

04/22/2021

Close Date

10/18/2021

Min. Goal

$25,000

Max. Goal

$250,000

Min. Investment

$100

Security Type

Convertible Note

Funding Type

RegCF

Valuation Cap

$5,000,000

Discount Rate

20%

Rolling Commitments $

Status

Active

Reporting Date

04/24/2021

Days Remaining

177

% of Min. Goal

0%

% of Max. Goal

0%

Likelihood of Max

Avg. Daily Raise

$0

Momentum

Log in or create a free account today to gain access to KingsCrowd analytics.

Location

Napa, California

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

ReThink Ice Cream, with a $5 million valuation cap, is raising funds on MicroVentures. The company makes low-sugar and tummy-friendly ice creams using all-natural ingredients, collagen, whey protein isolate, and prebiotic fiber. George Haymaker founded ReThink Ice Cream in 2018 and raised $70,000 in its pre-seed round of financing. The current crowdfunding round has a minimum target of $25,000 and a maximum target of $250,000, and the funds will be used for social media advertising, PR, sampling, influencer marketing, and working capital. ReThink Ice Cream is currently available with 490 retailers and reported a revenue of $419,445 in 2020.