Zen Monkey raised 20% of its equity financing


zen monkeyAccording to information disclosed by Zen Monkey, $100,000 was subscribed by one investor on May 12th 2014. Zen Monkey capped the non-brokered equity financing at $490,000. The offering will remain open until May 2015 while an additional $390,000 worth of securities is sold to investors. Until this disclosure Zen Monkey had raised an estimated $400,000 in unregistered securities via one previous financing round.

The company is manufacturer of breakfast food. Its breakfast product is composed of apple juice-soaked oatmeal combined with fruits, non fat probiotic yogurt and agave nectar. The product comes in three flavors: strawberry, blueberry, and apple cinnamon. The product is currently available at Whole Foods Markets on the West coast.

Eric Glandian (CEO) leads the Van Nuys CA based company which was registered in 2013. Zen Monkey elected to keep its revenues undisclosed.

The company has raised an estimated total of $500,000 via private unregistered security offerings.

Offering recap
Status: First close
Company: Zen Monkey
Industry: Other
Amount offered: $490,000
Amount placed: $100,000
First sale: 05-12-2014
Data as of: 05-19-2014

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s