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HOORAY FOODS

Operating

Hooray Foods, Inc.

Food & Beverage · Packaged Food · Founded 2019

Delicious, plant-based meats that sizzle, like bacon

Valuation cap
$12.5M
As of Mar 2023 · from HOORAY FOODS Future Equity SAFE 1 · a SAFE/note conversion ceiling, not a priced valuation
Total raised
$5,205,281
Crowd $0 · Private $5.2M · 4 rounds since 2019

Financials

FY2020–FY2021 · from SEC filings · hover any figure for its source
$85K
−$999K
2020
$755K
−$3.0M
2021
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2020
FY2021
Income statement
Revenue
$85,430
$755,451
Cost of goods sold
$326,396
$682,404
Gross margin
-282%
10%
Net income
-$998,654
-$3,048,698
Taxes paid
$1,143
$2,591
Balance sheet
Cash
$189,982
$1,392,693
Accounts receivable
$56,601
$96,216
Total assets
$821,891
$2,497,633
Short-term debt
$18,720
$91,604
Long-term debt
$1,926,192
$2,660,282
Total liabilities
$1,944,912
$2,751,886
Other
Headcount
3

Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited; no pill means the filing didn’t state one. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Post-money = pre-money + amount raised · caps marked
$12.5M
Valuation cap
HOORAY FOODS Future Equity SAFE 1

A dashed amber step is a SAFE/note valuation cap — a conversion ceiling agreed for that instrument, not a priced valuation of the company. Steps are not comparable across bases.

Fundraising history

HOORAY FOODS Future Equity SAFE 1WithdrawnReg CF · SAFE · via WeFunder
Raised $90.9K / $1.2MValuation cap $12.5M
Raised $2.7MInvestors 9
Raised $2MInvestors 32
Raised $524KInvestors 15

Team

2 people
Sri ArthamFounder
CEO & Founder
Gregg Smith
Director

Names and titles as disclosed on SEC Form C. Bios and photos come from the platform campaign page and may be out of date.

Reg CF annual-report compliance

Not obligated

never closed a Reg CF raise

32 investors
holder-count proxy

Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.

SEC filings

  • Form CJan 18, 20230001670254-23-000021
    EDGAR
  • Form DJan 19, 20220001796836-22-000001
    EDGAR
  • Form DFeb 16, 20210001796836-21-000001
    EDGAR
  • Form DDec 24, 20190001796836-19-000002
    EDGAR
Source: ManualCIK 0001796836

About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.