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May 7, 2015 4:08 EST

Urban Remedy: Food Is Healing

iCrowdNewswire - May 7, 2015

Urban Remedy

Food Is Healing

Richmond, CA

 
  • FUNDING ROUND
  • Status OPEN
  • Target $5,100,000
  • Raised $4,600,000
  • Pre-money Valuation $13,583,554

Approximately $4.6M in the Series Seed Preferred Round was previously raised in 2014 and $2.4M in Convertible Notes converted. The company is taking investments as an extension of the Series Seed Preferred Round for a raise target of $500,000 – $1,000,000.

 

  • SUMMARY
  • Team Jamba Juice, Pinkberry, POM, HP, Annie’s, Plum Organics
  • Performance 2014 Revenue of $4.6M | 85% YoY Growth (’13-’14)
  • Customers Good Eggs, Amazon Fresh (Starting in June), Equator Coffee
  • Investors Venture51 and Science Inc.
  • Advisors Cindy Crawford

PRODUCTS

Urban Remedy is an organic plant-based food and beverage company that embodies the belief that “Food is Healing”. Our products are certified organic, certified non-GMO, gluten free, and low glycemic. Our local retail stores and free home delivery make eating healthy and easy for people that want to look and feel their best, but don’t have the time.

TEAM

Paul Coletta, CEO  

Neka Pasquale, Founder & President

Amy Kenedy, Head of Marketing

 

  • ADVISORY TEAM
  • Cindy Crawford
    Board Member
     
  • Vince Thompson
    Advisor

 

FINANCIALS

  • HIGHLIGHTS
  • Revenue2014 Revenue of $4.6M | 85% YoY Growth (’13-’14)
  • DistributionRetail (4 Stores), Wholesale, Online

DEAL DETAILS

  • FUNDING ROUND
  • StatusOPEN
  • Target $5,100,000
  • Raised $4,600,000
  • Pre-money Valuation$13,583,554
  • Round Type Equity
  • Entity Type C-Corp

 

  • Reservations

Kishore Ganji
CEO, Astir It Solutions Inc

 

 

Contact Information:

Paul Coletta
Neka Pasquale
Amy Kenedy
Cindy Crawford

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