Aggregate Commitments $
Republic
02/11/2021
04/30/2021
$25,000
$1,070,000
$150
SAFE
RegCF
Series A
$9,000,000
10%
Rolling Commitments $
Active
04/25/2021
3
1,017%
24%

$3,484
565

VENICE, California
Food, Beverage, & Restaurants
Non-Tech
B2B/B2C
Low
Low
Life Style
Sunscoop, with a $9 million valuation cap, is raising funds on Republic. The company makes delicious plant-based icecream using organic coconut cream. The icecreams are infused with superfood ingredients, are easy to digest, and contain no refined sugar or top allergens. Carli Blum founded Sunscoop in 2017 and has raised over $2.4 million since the inception. The proceeds of the current crowdfunding round, with a minimum goal of $25,000 and a maximum goal of $1,070,000, will be used to expand retail partnerships and grow online. Sunscoop is already selling in over 500 major retail stores and has sold more than 100,000 pints since launch. The company expects to generate a revenue of $21 million by 2023.
Summary Profit and Loss Statement
Revenue |
$289,315 |
$98,587 |
COGS |
$150,776 |
$132,784 |
Tax |
$50 |
$0 |
|
||
|
||
Net Income |
$-846,445 |
$-754,692 |
Summary Balance Sheet
Cash |
$188,047 |
$3,829 |
Accounts Receivable |
$7,878 |
$0 |
Total Assets |
$306,959 |
$67,476 |
Short-Term Debt |
$222,193 |
$122,265 |
Long-Term Debt |
$0 |
$0 |
Total Liabilities |
$222,193 |
$122,265 |