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Vegan Fine Brands

Operating

Vegan Fine Brands, Inc.

Food & Beverage · Packaged Food · Founded 2020

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Vegan Fine Brands sells a wide variety of exclusively vegan products to meet the rapidly growing plant-based product market. Since 2018 when we launched our flagship store, Vegan Fine Foods, we have helped bring a wide variety of new plant-based meat, egg, and dairy products to market. In the last two years, we have also launched the Vegan Fine Cafe and Vegan Fine Body, and recently launched ecommerce stores, veganfinefoods.com and veganfinebody.com.

Post-money valuation ⓘ
$10.3M
As of Feb 2021 · from Reg CF Offering (2021) · pre-money + amount raised, not a traded price
Total raised
$80,582
Crowd $0 · Private $81K · 2 rounds since 2019
Latest share price
$5.00
Reg CF · Common Stock · Jan 2021 offering price · down round

Financials

FY2018–FY2020 · from SEC filings · hover any figure for its source
$752K
−$369K
2018
$752K
−$369K
2019
$822K
−$715K
2020
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2018 reviewed*
FY2019 reviewed*
FY2020
Income statement
Revenue
$752,342
$752,342
$822,264
Cost of goods sold
$705,336
$705,336
$933,264
Gross margin
6%
6%
-13%
Net income
-$369,205
-$369,205
-$714,538
Taxes paid
$0
$0
$0
Balance sheet
Cash
$66,732
$66,732
$59,108
Accounts receivable
$0
$0
$500
Total assets
$359,448
$359,448
$300,337
Short-term debt
$398,273
$398,273
$370,197
Long-term debt
$33,958
$33,958
$637,027
Total liabilities
$432,231
$432,231
$1,007,224
Other
Headcount
—
14
—

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, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Pre-money — the valuation set before each round’s money came in
$10.0M
pre-money
Reg CF · Common · Jan 2021

Blue bars are the pre-money valuation the company stated for a priced round.

Share price over rounds

$11.6314$5.8157$5.00
Mar 2019Jan 2021
Round offering price or verified disclosed saleDisclosed sale, unverified or year-onlyDown round · Jan 2021 (-57%)

Disclosed sales come from the issuer's own filings (prior-offering lines, audited-statement notes) and are amount ÷ securities sold. A down round is a firm point more than 25 % below the previous firm point of the same share class on a comparable basis; the comparison ignores unverified and year-only lines.

Fundraising history

Reg CF · Common Stock · Jan 2021Withdrawnvia StartEngine
Raised $264.6K / $358.6KInvestors 297Post-money $10.3M

Team

1 person
Steven Smith
CEO, Principal Executive Officer and Director, Principal Financial Officer and Principal Accounting Officer

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

297 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 C-WFeb 9, 20210001665160-21-000149
    EDGAR
  • Form CJan 4, 20210001665160-21-000006
    EDGAR
Source: ManualCIK 0001828877Share price $5.00

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.