Tagged: food

Maple financing more like $26 million


mapleWhile everyone is (barely) rehashing Fortune’s article mentioning a $22 million financing by Maple, the SEC filing indicates $26 million worth of equity was issued and the company is gunning for $29 million. It now raised more than its NYC based competitor Plated which raised an estimated 24.7 million since December 2013. If you can’t find the SEC filings contact us at info@xdata.co

Hey if you didn’t know about it, it’s time to add XDATA as part of your market monitoring regimen, 14 days free trials are available here. You can find the story and many more on qbeats as well.

For more information visit www.XDATA.co

Advertisements

Dinner Lab is in the market with a $2 million financing round


dinner lab Dinner Lab is expecting to raise $2 million as part of a non-brokered equity issuance. The company structured the offering to remain open until November 2015 if not fully subscribed. No securities have been subscribed by investors yet. Two previous unregistered financing rounds raised an estimated $3.13 million.

The company is engaged in the organization of member-only events that unite undiscovered chefs with adventurous food lovers around a common table to break bread and enjoy a meal that is anything but conventional. The company hosts new events in various cities on a weekly basis.

The company is headquartered in New Orleans LA. Dinner Lab elected to keep its revenues undisclosed.
The executive team includes Brian Bordanick, Bryson Aust, Francisco Robert, Ravi Prakash and Zachary Kupperman.
The board of directors includes Christopher Roser, John Elstrott, Jorge Barrett and Thomas Adamek.

Offering recap
Status: Launched
Company: Dinner Lab
Industry: Other
Amount offered: $2 million
Data as of: 11-24-2014

For more information visit www.XDATA.co

Plated reports successful placement of its mezzanine securities


dineinfreshA $2 million unregistered mezzanine investment round initiated by Plated was subscribed by four financial backers. According to the information disclosed, the placement started three weeks ago and was fully subscribed. Two previous unregistered financing rounds raised an estimated $21.64 million.

The company is a food delivery service that lets users select from 7 chef-designed weekly recipes. The dishes include 4 healthy meat & fish options and 3 unique vegetarian dishes. The company then delivers all the ingredients fresh to users’ doors along with the recipe

Joshua Hix (Co-CEO) leads the New York NY based company which was registered in 2012. Plated kept its revenues undisclosed.
The executive team includes Nick Taranto.
The board of directors includes John Frankel, Micah Rosenbloom and Sally Genster Robling.

The company has raised an estimated total of $23.64 million via private unregistered security offerings.

Plated is registered under the name DineInFresh

Offering recap
Status: Completed
Company: Plated
Industry: Other
Amount offered: $2 million
Amount placed: $2 million
First sale: 09-17-2014
Data as of: 10-14-2014


For more information visit www.XDATA.co

$1.7 million worth of equity securities were sold by Exo


XDATA – September 17th 2014

exo inc Exo disclosed selling $1.7 million worth of equity securities as part of financing round. The equity securities, which started to sell almost two weeks ago, were bought by twenty-seven investors. The offering has no fundraising cap and the company may elect to raise additional funds until the offering closes in September 2015. No offering was previously initiated by the company under a registration exemption with the SEC.

Exo develops and markets a cricket flour-based protein bar that comes in four flavors including cacao nut, peanut butter and jelly, blueberry vanilla, and apple cinnamon. Cricket is a sustainable source high in protein and the bars are soy, dairy, grain, and gluten free.

Exo, registered in 2014, is headquartered in Brooklyn NY. It is led by Greg Sewitz (President). Revenues were not disclosed.
The executive team includes Gabi Lewis.
The board of directors includes Lauren Jupiter.

Offering recap
Status: On-going
Company: Exo
Industry: Other
Amount offered: N/A
Amount placed: $1.7 million
First sale: 09-04-2014
Data as of: 09-17-2014

For more information visit www.XDATA.co

Mouth revised its offering cap upward to $1.25 million and received $1.11 million in commitments


Change: offered +25% / raised +170% / placed 89%

XDATA – September 11th 2014

mouth foods Mouth upped its financing to $1.25 million from $1 million after receiving new commitments. An additional $700,000 worth of securities was placed by the company with fourteen investors since the company last released data almost two months ago. This brings to $1.11 million the amount raised from the twenty-one backers who subscribed to the offering. The subscription is structured to close once the 11% left is fully subscribed or in about a year at the latest. The company closed two unregistered private placements which raised an estimated $1.8 million.

Mouth markets and develops a marketplace for food products from independent makers nationwide. The platform curates local craft food manufacturers, seeking out new products and focusing on the genre of “indie food.”

Craig Kanarick (President and CEO) leads the Brooklyn NY based company which was registered in 2012. Mouth elected to keep its revenues undisclosed.
The executive team includes Samuel Murray.
The board of directors includes Joanne Wilson and Vincent Olmstead.

The company has raised an estimated total of $2.91 million via private unregistered security offerings.

Mouth is registered under the name Mouth Foods

Offering recap
Status: Intermediary close
Company: Mouth
Industry: Retailing
Amount offered: $1.25 million
Amount placed: $1.11 million
First sale: 07-07-2014
Data as of: 09-11-2014

For more information visit www.XDATA.co

Sarbari disclosed full placement of its $2.12 million offering


Change: offered +0% / raised +554% / placed 100%

XDATA – August 15th 2014

sarbariSarbari initiated the final close of its $2.12 million equity offering. The offer closed after the company raised $1.8 million from one additional investor within a couple of months. At closing, a total of three investors had subscribed to Sarbari‘s offering. This was the first offering under regulation D filed by Sarbari.

Sarbari markets and develops a food supply chain management application for restaurants and culinary professionals. The application (app) automates the task of shopping and tracking food purchases to cut down on administrative tasks and control costs. The app automatically matches invoiced quantities and prices, flags discrepancies and seamlessly loads approved invoices into accounting apps.

The company, headquartered in Allentown PA, is led by Sebastian Serra (President and CEO). Sarbari elected to keep its revenues undisclosed.
The board of directors includes Andrew Derr and Maura Topper.

Offering recap
Status: Completed
Company: Sarbari
Industry: Other Technology
Amount offered: $2.12 million
Amount placed: $2.12 million
First sale: 05-09-2014
Data as of: 08-15-2014

For more information visit www.XDATA.co

Mouth raised $412,000 in equity at first close


mouth foodsMouth reported selling 41% or $412,000 of a new unregistered private offering. A total of seven investors subscribed a week ago to the company’s $1 million non-brokered equity financing. The offering will remain open until July 2015 while an additional $588,000 worth of securities is sold to investors. Two previous unregistered financing rounds raised an estimated $1.8 million.

Mouth markets and develops a marketplace for food products from independent makers nationwide. The platform curates local craft food manufacturers, seeking out new products and focusing on the genre of “indie food.”

Craig Kanarick (President and CEO) leads the Brooklyn NY based company which was registered in 2012. Mouth elected to keep its revenues undisclosed.
The executive team includes Samuel Murray.
The board of directors includes Joanne Wilson and Vincent Olmstead.

The company has raised an estimated total of $2.21 million via private unregistered security offerings.

Mouth is registered under the name Mouth Foods.

Offering recap
Status: First close
Company: Mouth
Industry: Retailing
Amount offered: $1 million
Amount placed: $412,000
First sale: 07-07-2014
Data as of: 07-14-2014

For more information visit www.XDATA.co

Treat House completed a new equity offering


CJDE TreatsTreat House sold a total of $1.1 million in a non-brokered equity investment round. The transaction which started almost two weeks ago, garnered the support of sixteen investors. No offering was previously initiated by the company under a registration exemption with the SEC.

Treat House designs, manufactures and markets gourmet treats made with crisp rice cereal and marshmallows. Treats go for $2 and don various shape such as pops and ice-cream bars and come in many flavors including chocolate-peanut butter and bubble gum. Its retail channels encompass its Upper West Side store in New York City and nation wide delivery via its website. Most treats are gluten-free and nut-free with homemade natural ingredients.

The company was registered in 2012 and has its headquarters located in New York NY. Treat House elected to keep its revenues undisclosed.
The executive team includes Chris Russell.

Treat House is registered under the name CJDE Treats.

Offering recap
Status: Completed
Company: Treat House
Industry: Restaurants
Amount offered: $1.1 million
Amount placed: $1.1 million
First sale: 05-23-2014
Data as of: 06-02-2014

Sarbari raised $325,000 at first close almost two weeks ago


sarbariSarbari reported launching a $2.12 million mezzanine private placement. According to the filing, 15% or $325,000 was sold to two backers almost two weeks ago. An additional $1.8 million in funding is to be raised until the offering draws to a close in May 2015. Sarbari is offering unregistered securities for the first time under regulation D of the Securities Act of 1933.

Sarbari develops and markets a food supply chain management application for restaurants and culinary professionals. The application (app) automates the task of shopping and tracking food purchases to cut down on administrative tasks and control costs. The app automatically matches invoiced quantities and prices, flags discrepancies and seamlessly loads approved invoices into accounting apps.

The company, headquartered in Haverhill MA, is led by Sebastian Serra (President and CEO). Sarbari kept its revenues undisclosed.
The board of directors includes Andrew Derr and Maura Topper.

Offering recap
Status: First close
Company: Sarbari
Industry: Other Technology
Amount offered: $2.12 million
Amount placed: $325,000
First sale: 05-09-2014
Data as of: 05-22-2014

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