Aggregate Commitments $
Wefunder
02/18/2021
04/30/2022
$50,000
$250,000
$100
Convertible Note
RegCF
Seed
$7,000,000
20%
Rolling Commitments $
Active
04/25/2021
367
125%
25%
$949
37
Sisters, Oregon
Business Services, Software, & Applications
Foodtech
B2B
Medium
Low
High Growth
SousZen, with a valuation cap of $7 million, is raising funds on Wefunder. The company has developed software that helps to orchestrate kitchen operations of restaurants and keeps them streamlined. The web and mobile apps of SousZen, Manager, Expeditor, and Advisor, use next-gen technology to manage inventory, menus, and recipes, solve talent crunch and provide consistently good food. Stephen King founded SousZen in 2018. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $350,000, and the funds will target the development of Expeditor, revamping the design, sales and marketing, and hiring additional sales staff. SousZen is specifically helping restaurants reinvent their businesses during COVID-19 by streamlining operations and boosting margins.
Summary Profit and Loss Statement
|
Revenue |
$176,201 |
$0 |
|
COGS |
$161,958 |
$0 |
|
Tax |
$50 |
$0 |
|
|
||
|
|
||
|
Net Income |
$-294,016 |
$0 |
Summary Balance Sheet
|
Cash |
$23,876 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$202,987 |
$0 |
|
Short-Term Debt |
$496,422 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$496,422 |
$0 |
