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May 20, 2015 3:15 PM ET

Archived: Raaka Chocolate: Organic, bean-to-bar chocolate

iCrowdNewswire - May 20, 2015

Raaka Chocolate

Organic, bean-to-bar chocolate

Brooklyn, NY

  • Status OPEN
  • Maximum $550,000

Robert Dunn

President and CEO at Synergos

“Raaka is the rare social enterprise that has a gifted and dedicated leadership team, an unwavering commitment to making the world a better place, a product that’s irresistible and a business strategy that’s both innovative and practical. I view my investment in Raaka as one that will not only benefit me directly, but also support a model of how business can contribute to the well being of people and the planet.”

  • Team Passionate foodies with deep internet expertise
  • Performance TTM Revenue: $700K, 33% YOY
  • Unit Level Economics 51% historic gross margin (increasing)
  • Customers Whole Foods, Central Market, Monthly Subscribers
  • Category Natural, Specialty
  • Investors Raza Jafar-CEO, ENSHAA; Leo Kayser;Robert Dunn-CEO, Synergos
  • Advisors Leo Kayser, Kayser&Redfern; Robert Dunn, CEO of Synergos


Raaka makes chocolate from unroasted cacao beans. Their unique low temperature process preserves beneficial antioxidants and highlights each farm’s natural, wild flavors, bringing you closer to the bean. Raaka is committed to making delicious chocolate while building healthy relationships with the planet and the global community. Their vegan, allergen-free chocolates are made with directly traded cocoa beans from sustainable farms that offer cocoa farmers above market price.



Ryan Cheney, Founder and President

Ryan Cheney founded the company in 2010 to make minimally-processed chocolate which actually tastes like cocoa beans and expand prosperous cocoa farming communities by providing meaningful market access through ethical, direct-trade business practices.

Nathan Hodge, Head Chocolate Maker

Nate Hodge has been with the company since its founding in 2010. Nate’s passion for innovative food techniques led to a 2013 Good Food Award for inventing a Bourbon Cask Aged chocolate bar. Prior to joining, Nate earned a BA from Ithaca College and was a beer sommelier at Ithaca Brewery.

Matt Keesan, CTO

Matt Keesan joined Raaka in 2012. Formerly a Director of Engineering at AddThis.com, Matt has applied his deep technical understanding to implementing Raaka’s monthly chocolate subscription plan and SEO.

Steve Torres, Director of Sales

Steve joined Raaka in 2014 to grow Raaka’s distribution. With 11 years of experience in CPG sales, Steve worked for Arizona Beverage Company before founding and eventually selling High 5 Distributors.

  • Leo Kayser, III
    General Counsel
    A named partner at Kayser & Redfern, LLP and graduate…


  • RevenueTTM Revenue: $700K
  • Growth33% YOY
  • CategoryNatural, Specialty
  • DistributionDirect (subscribers, web, factory retail), Wholesale (nat’l)
  • CustomersWhole Foods, Central Market, Monthly Subscribers


  • StatusOPEN
  • Maximum $550,000
  • Round Type Convertible Note
  • Entity Type C-Corp
Contact Information:

Ryan Cheney
Nathan Hodge
Matt Keesan
Steve Torres

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