Innate Food successfully raised £35,000 to fund the production of 70,000 packs 1790 days ago. Check back soon for more offers.
Innate Food
Innate Food is a brand of savoury snacks which are engineered to serve your wellbeing innately.
Elsa & Tess, Co-Founders
repaid
Paid back in full on
28 Feb 19
On time
Offer Details
NOW
Already funded!
Earn
5.2%
In 7 months
EquivAlent to
9%
per year
-
Updates & Files
OFFER LAUNCHED: 14th July 2018
Founded in 2017, Innate's vegetable chips are launching next week in Sainsbury's and in Planet Organic. They are already selling in Whole Foods and Ocado.
The company is raising £35,000. Part of this relates to a completed sale to a major supermarket and is backed by an invoice. The funds will also be used for Innate's next production run to the same supermarket.
The company is offering to repay in just 5 months plus 4.0% profit or 4.5% PRIME. That's an annual equivalent rate of 9.9% or 11.1% PRIME. You'll also become a Friend of the brand.
Founded in 2017, Innate's vegetable chips are launching next week in Sainsbury's and in Planet Organic. They are already selling in Whole Foods and Ocado.
The company is raising £35,000. Part of this relates to a completed sale to a major supermarket and is backed by an invoice. The funds will also be used for Innate's next production run to the same supermarket.
The company is offering to repay in just 5 months plus 4.0% profit or 4.5% PRIME. That's an annual equivalent rate of 9.9% or 11.1% PRIME. You'll also become a Friend of the brand.
UPDATE
Offer Details
NOW
Already funded!
Earn
5.2%
In 7 months
EquivAlent to
9%
per year
-
what's being funded?
Vegetable Squares (3 flavours)
70,000 packs funded by 59 backers
EARN OVER 5.2%FUNDED£35,000- Available in Beetroot, Squash and Spinach flavours
- Nutritionally balanced & energy sustaining. 100% natural
- Paleo, Gluten-free, Vegan
- High in moral fibre
-
The Proposal
This week Innate has launched in Sainsbury's and next week the company is launching in Planet Organic. They are raising £35,000 to fund their rapid growth.
£15,000 of this amount relates to Innate's first sale to a major supermarket. 30,000 packs of Innate have been sold and delivered and Innate has issued the invoice.
The company is offering to repay this part of the funds to PrimeStox investors in 2 months plus 1.8% profit.
The remaining £20,000 will be used to fund 40,000 new packs. This is Innate's second production run to the same supermarket.
Innate is offering to repay this portion of the funds in 5 months plus 5.6% profit.
The overall average profit offered is 4.0% standard or 4.5% PRIME, paid in full in 5 months. This is an annual equivalent rate of 9.9% or 11.1% PRIME.
You'll also become a Friend of the brand.
LocationBristol, EnglandProducerElsa Valentine & Tess WalkerAmount raised£35,000Deal structureRepaid in 2 parts£15,000 repaid in 2 months1.8% profit offered. 100% Invoice backed£20,000 repaid in 5 months5.6% profit offered. Backed by 40,000 packsSecurityInvoice & Stock (100%)Profit offered4.0% or 4.5% PRIMEAnnual equivalent rate9.9% or 11.1% PRIMEFinal repay date20th December 2018 -
Where’s It Selling?
The Producer
Elsa and Tess met in the panoramic New Zealand highlands where Elsa lived for two years.
From that vantage point they quickly realised they shared a common understanding about many topics including the state of global commoditised food.
They decided to join forces to create Innate Food Ltd, a company dedicated to bringing a more imaginative solution to the savoury snacking arena.
The company's flagship product is a range of exquisitely tasty and precisely engineered vegetable snacks which are a healthy alternative to crisps.
The snacks are made with a blend of vegetables, coconut and almonds.
The company believes in harmony and healthy living. This is reflected in the product's great attention to detail and its blending of science, art and taste.
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