Young Mountain Tea Featured Among New Impact Offerings - November 25, 2024
This Week's New Crowdfund Offerings With Social Impact, Minority, Women and LGBTQ Founders
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Each week, Superpowers for Good shares a list of new impact-related offerings added to FINRA-Registered crowdfunding portals and by broker-dealers. We’ll share four separate lists:
Impact offerings determined by our proprietary analysis.
Offerings with minority founders.
Deals with women founders.
Those with LGBTQ founders.
Sometimes, it takes weeks for our source to determine that a company has a social impact, a woman, minority or LGBTQ founder. When we discover an offering qualifies for our list, even if it is no longer new, we will include it. See the lists below.
Devin’s Impact Pick of the Week
Each Friday, Devin will share his favorite impact investment opportunity from the list shared on Monday. Devin’s Impact Pick of the Week will be available only for the Impact Members of the SuperCrowd. You can join the Impact Members by subscribing to this monthly newsletter for just $5.95! Join the SuperCrowd today!
SuperCrowd Social Impact Offerings of the Week:
Young Mountain Tea, with a valuation of $4.5 million, is raising funds on
. The company is redefining the tea trade by sharing ownership with farmers and bridging the gap between tea growers and tea drinkers. Young Mountain Tea collaborates with farmers to improve tea quality, revitalizes wastelands, and creates a transparent supply chain that brings certified organic, single-origin teas in sustainable packaging to the market.The company, founded by Adhiraj Murthy Vable in January 2022, has launched a farmer-owned processing facility in the Himalayas in partnership with USAID, Acumen, and others. It has secured sales contracts with Fortune 500 companies and a national distributor and has been featured in Forbes and Food Industry Executive. Additionally, 1% of sales are donated to farmers, aligning with its mission to create rural jobs, combat land degradation, and address climate change.
The current crowdfunding campaign has a minimum target of $50,002.21 and a maximum target of $374,998.96. Campaign proceeds will be used for inventory, sales and marketing, hiring, and trade shows and events. (We use AI to help us write offerings summaries.)
SuperCrowd Minority Founders Offerings of the Week:
The Cumin Club, with a valuation of $20.11 million, is raising funds on
. The company reimagines Indian cuisine by offering 5-minute meal kits and scalable fast-casual restaurant concepts that bring authentic Indian flavors to a diverse audience. Using high-quality, all-natural ingredients and innovative freeze-drying technology, The Cumin Club preserves the taste and nutrition of traditional Indian dishes while eliminating the need for additives or preservatives.Founded in 2019 by Kiru Rajagopal, Ragoth Bala, and Harish Visweswaran, The Cumin Club has served over 1.8 million meals and generated $10 million in lifetime revenue, closing 2023 with $3.6 million in revenue. The business has received backing from prominent Midwest VCs, including Listen Ventures and M25 Ventures, and plans to expand to 10 fast-casual restaurant locations and 2,000 retail stores by 2025.
The current crowdfunding campaign proceeds will be used to grow the meal kits and simmer sauce retail categories, open new restaurant locations, and hire experienced team members for retail sales, business development, and operations. (We use AI to help us write offerings summaries.)
SuperCrowd Women Founders Offerings of the Week:
SAM’s American Eatery is raising funds on
. The restaurant is located in San Francisco, California, and offers classic American comfort food. SAM’s American Eatery’s menu includes hearty and familiar dishes made using fresh and local ingredients that evoke a sense of nostalgia and comfort. The business has a loyal customer base and is the official dining and catering partner for San Francisco’s Broadway theatres. Jeannie Kim founded SAM’s American Eatery in January 2006. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $124,000. The campaign proceeds will be used to expand catering services, remodel the space, and fund marketing. ( Courtesy of )
SuperCrowd LGBTQ Founders Offerings of the Week:
The Open Road, with a history of nearly five years, is raising funds on Honeycomb Credit. Known as the country’s oldest specialty retailer dedicated to adult non-alcoholic beverages, The Open Road operates a non-alcoholic bottle shop and bar in Pittsburgh, PA. The business has achieved over 150% year-over-year sales growth, been featured in over 25 national and local press publications, and earned accolades such as CityPaper’s Best of PGH awards for Best Beer Distributor (2024) and Best Mocktails (2023).
Owned by Mel Babitz, The Open Road is womxn, neurodivergent, and LGBTQ+ owned and operated, emphasizing sustainable and eco-friendly practices. The current crowdfunding campaign aims to raise $120,000 to support relocating to a larger, more central space. The funds will be used to build out the new location, double its square footage, and add an on-premise bar for non-alcoholic offerings. The expansion will also create a dedicated space for events, fostering a vibrant community hub and enhancing connections with bar and restaurant partners. (We use AI to help us write offerings summaries.)
Support Our Sponsors
Our generous sponsors make our work possible, serving impact investors, social entrepreneurs, community builders and diverse founders. Today’s advertisers include FundingHope, Inner Space KC, Karen Rands, and Honeycomb Credit. Learn more about advertising with us here.
Max-Impact Members
The following Max-Impact Members provide valuable financial support to keep us operating:
Carol Fineagan, Independent Consultant | Lory Moore, Lory Moore Law | Marcia Brinton, High Desert Gear | Paul Lovejoy, Stakeholder Enterprise | Ralf Mandt, Next Pitch
Upcoming SuperCrowd Event Calendar
If a location is not noted, the events below are virtual.
SuperCrowd Mastermind Group, twice monthly on the 1st and 3rd Thursdays at noon Eastern. This group is for entrepreneurs and small business owners interested in raising money from the crowd. Attend your first meeting free!
SuperCrowdHour, December 18, 2024, at 1:00 PM Eastern. Each month, we host a value-laden webinar for aspiring impact investors or social entrepreneurs. At November’s SuperCrowdHour, Jason Fishman of Digital Niche Agency will share insights. Free to attend.
Impact Cherub Club Meeting hosted by The Super Crowd, Inc., a public benefit corporation, on December 17, 2024, at 1:00 PM Eastern. Each month, the Club meets to review new offerings for investment consideration and to conduct due diligence on previously screened deals. To join the Impact Cherub Club, become an Impact Member of the SuperCrowd.
Community Event Calendar
Successful Funding with Karl Dakin, Tuesdays at 10:00 AM ET - Click on Events
Community Revitalization, Thursdays, 10:00 AM Eastern.
CfPA Webinar with President-Elect Jenny Kassan sharing her vision for 2025, December 11 at 2:00 PM Eastern.
Changing the Paradigm: Mobilizing Community Investment Funds, March 7, 2025
Asheville Neighborhood Economics, date TBD following impact of Helene.
If you would like to submit an event for us to share with the 8,000+ members of the SuperCrowd, click here.