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Sunscoop isn't accepting new investments

Sunscoop’s deadline was May 1, 2021

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Sunscoop

The most delicious plant-based ice cream made from organic coconut cream
Women Founders Food B2C Organic food Plant-Based
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Featured image of Sunscoop
$315,240
Raised
687
Investors
Successfully funded and closed on May 1, 2021.
Invest in Sunscoop

Open for investment

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Co-investors
Lightspeed
Early-stage enterprise & consumer tech VC
Lightspeed Venture Partners is focused on early-stage investments in the enterprise technology and consumer space. To date, the firm has backed more than 300 companies, including Snapchat, DoubleClick and AppDynamics
Lightspeed also invested in:
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Pitch Updates 7 Reviews 135
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Closed on May 1, 2021. Information may not be up-to-date. Campaign closed on May 1, 2021. Information displayed may not be up-to-date.
Problem Solution Product Traction Customers Biz. model Market Competition Vision and strategy Funding Founders
About Team Press

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by Kokus Inc.. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
Sunscoop Crowd SAFE Sunscoop Form C.pdf
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Hear from some of the 687 investors in Sunscoop


Show more

Highlights


$1M+ raised
Company has previously raised over $1M in capital
$250K+ revenue
Company had over $250K in revenue in the past 12 months
Tier-1 Venture backing
Company is backed by a tier-1 VC firm
  • Our mission is to change ice cream forever using organic coconut cream
  • Launched in May 2019 and already selling in 500+ major retail stores
  • Growing quickly as the leading allergen-friendly ice cream brand
  • Over 100K+ pints sold since launch
  • Projected revenue of $21M by 2023
  • Profitable brick-and-mortar pop-up in Soho NYC and food truck coming!

Problem


Until now, plant-based ice cream hasn't tasted as good as dairy, and it still isn't good for you

The "dairy-free" ice cream market has been dominated by low quality ingredients, including refined sugars and chemical stabilizers. Emphasis on low calorie count has resulted in products that are packed with chemicals, fillers, and fake sugars. They taste worse than dairy and aren't even healthy for you. 

Solution


Sunscoop created the most delicious plant-based ice cream on Earth

Sunscoop is an easy to digest plant-based ice cream made with organic coconut cream and infused with superfood ingredients. Our label is cleaner, our product tastes better, and our sourcing is healthier for the planet (and you!).

Product


Powered by the sun to make the most delicious plant-based ice cream

Sunscoop is made from organic coconut cream and superfoods, with no refined sugar or top allergens. Our mission is to deliver the most delicious plant-based ice cream made from clean, powerful nutrients that taste great and help fuel a healthy body.

Our flavors are reimagined classics with a superfood twist. It took us over three years to perfect our unique formulation - partnering with top food scientists to create a texture and flavor superior to dairy. The result is a proprietary, allergen-friendly coconut cream base, with unrivaled taste, texture, and nutritional benefits.        

Traction


Over 100K pints sold since launch in 2019              

Sunscoop is currently selling in 500+ stores across the US, including all Whole Foods locations in the Northeast and Mid-Atlantic. We're quickly closing the gap on the category-leader, which launched 8 years ahead of us (and uses nuts and cane sugar). Sunscoop is flying off shelves at leading health food retailers like Erewhon market in Los Angeles. We're now partnered with distributors for the Northeast, Mid-Atlantic and Southern California.

Customers


"I'm obsessed. I don't understand how it tastes better than regular ice cream." 


- @pintsizedperfection

Our proprietary blend has been declared more delicious than ice cream even by dairy lovers. We help everyone, regardless of dietary concerns, enjoy the delights of frozen desserts without the worry of a stomach ache or allergic reaction. Our refined sugar-free, allergen-friendly, and functional ingredient-base gives everyone the chance to fully enjoy ice cream while still feeling great and knowing they are making healthier choices for themselves and their families. 

Business model


Flying off shelves in grocery stores, online, and brick and mortar pop-ups

Sunscoop is currently sold in over 500 stores and we expect to be in over 2,000 stores by the end of 2021.  In 2021, we plan to deepen our grocery retail footprint in our current markets of Southern California, the Northeast and Mid-Atlantic with key natural/specialty retailers, supported by our strong distribution partners UNFI, KeHE and Rainforest, while expanding to key retailers in adjacent markets.  We sell nationwide via sunscoop.com and we're currently the #2 selling vegan ice cream on Amazon!

Market


Frozen desserts is a $39B category in the US, growing 13% over the past year

There's a glaring opportunity for plant-based ice cream to expand market share for years to come. In fact, plant-based optimism is spurring grocery retailers to dedicate full freezers to vegan ice cream, and market growth has increased 14% over the past six months as a result. 

Competition


A superfood-based, allergen-friendly frozen treat 

Sunscoop owes our customer loyalty and brand success to our proprietary blend of superfoods and adaptogens. We're one of the only plant-based ice cream on the market that's allergen-friendly, with no refined sugars, and less than 500 calories per 8oz serving. We're made entirely from purposeful and functional ingredients. 

Vision and strategy


Expanding our retail partnerships and online growth

With your investment, Sunscoop will drive an accelerated growth timeline to win the plant-based ice cream category. Your funding will power our launch with distributors KeHE and UNFI and fuel strategic marketing efforts. We plan to deepen our grocery retail footprint in Southern California, the Northeast and Mid-Atlantic regions. To do that, we'll expand our retail partners to grow brand recognition and increase customer retention across the US. 

Funding


Backed by top VC funds and industry founders

Sunscoop has raised $2.4M since inception, from reputed venture capital funds, including Torch Capital, Lightspeed Ventures, H/L Ventures, and Simple Food Ventures, as well as prominent angel investors, including the founders of 16 Handles, Mendocino Farms, and Bonobos. 

Founders


Meet the woman with every food allergy under the sun

Deal terms


Valuation cap

$9,000,000

The maximum valuation at which your investment converts into equity shares or cash.
Learn more

Discount

10%

If a trigger event for Sunscoop occurs, the discount provision gives investors equity shares (or equal value in cash) at a reduced price.
Learn more.

Minimum investment

$150

The smallest investment amount that Sunscoop is accepting.
Learn more

Funding goal

$1.07M

Sunscoop must achieve its minimum goal of $25K before the deadline. The maximum amount the offering can raise is $1.07M.
Learn more

Deadline
Sunscoop needs to reach their minimum funding goal before the deadline ( ). If they don’t, all investments will be refunded.
Learn more
Type of security

Crowd SAFE

A SAFE allows an investor to make a cash investment in a company, with rights to receive certain company stock at a later date, in connection with a specific event. · Learn more

How it works

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by Kokus Inc.. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
Sunscoop Crowd SAFE Sunscoop Form C.pdf

Bonus perks

In addition to your Crowd SAFE, you'll receive perks for investing in Sunscoop.
Invest
$150
Receive
  • 50% off 6-pack of Sunscoop
Invest
$250
Receive
  • 6-pack of Sunscoop
Invest
$500
Receive
  • Sunscoop T-shirt or Hat
  • 6-pack of Sunscoop
Invest
$1,000
Receive
  • Quarterly email updates from Founder
  • Sunscoop T-shirt & Hat
  • 6-pack of Sunscoop
Invest
$5,000
Receive
  • 1-on-1 intro to Founder
  • Quarterly email updates from Founder
  • Sunscoop T-shirt & Hat
  • 6-pack of Sunscoop
Invest
$10,000
Receive
  • 1-on-1 quarterly updates with Founder
  • 1-on-1 intro to Founder
  • Quarterly email updates from Founder
  • Sunscoop T-shirt & Hat
  • 6-pack of Sunscoop
Invest
$25,000
Receive
  • Sunscoop party pack for you + 5 friends
  • 1-on-1 quarterly updates with Founder
  • 1-on-1 intro to Founder
  • Quarterly email updates from Founder
  • Sunscoop T-shirt & Hat
  • 6-pack of Sunscoop
Invest
$50,000
Receive
  • Dinner with Founder
  • Sunscoop party pack for you + 5 friends
  • 1-on-1 quarterly updates with Founder
  • 1-on-1 intro to Founder
  • Quarterly email updates from Founder
  • Sunscoop T-shirt & Hat
  • 6-pack of Sunscoop
Invest
$100,000
Receive
  • Be part of the product development process for a limited edition flavor at a Sunscoop scoop shop
  • Dinner with Founder
  • Sunscoop party pack for you + 5 friends
  • 1-on-1 quarterly updates with Founder
  • 1-on-1 intro to Founder
  • Quarterly email updates from Founder
  • Sunscoop T-shirt & Hat
  • 6-pack of Sunscoop

Why others invested

See all reviews (0) See all (0)

The healthy aspect of this product could be a global resolution for 100x Millions of Humans. Such transformational products provide the globe with more options to survive as well as help research develop in a more agile manner. I strongly believe in this product and the founders strategy in expanding the product range in the near future.

Profile picture of Zaid Darwazeh
Zaid Darwazeh
Active investor
about 4 years ago

I invested because I am a vegan with a sweet tooth! Finding quality non-dairy ice cream has become so much easier with Sunscoop! They make flavors, like Strawberry Maca, that are truly one of a kind and make you drool before you've even had your first scoop! Thank you for bringing joy to plant-based eaters like myself that choose compassion over convenience!

Profile picture of Danica Skoric
Danica Skoric
Value-add investor
about 4 years ago

I believe plant based ice cream will grow throughout the US because everyone loves ice cream but because of the sugar content etc. a lot of individuals are looking for alternatives. Thus Sunscoop. I would hope Sunscoop will delve into ice cream stores as well as super markets. Florida would be a fantastic place to focus on.

Profile picture of Ronald Tirapelli
Ronald Tirapelli
Active investor
about 4 years ago

About Sunscoop

Legal Name
Kokus Inc.
Founded
May 2017
Form
Delaware Corporation
Employees
4
Website
sunscoop.com
Social Media
Headquarters
Google Map location of of Sunscoop
606 Venezia Ave B , Venice, CA
Headquarters
606 Venezia Ave, B, Venice, CA, United States 90291

Sunscoop Team
Everyone helping build Sunscoop, not limited to employees

Profile picture of Carli Blum
Carli Blum
Founder / CEO
Featured in Superheroes · Read
Profile picture of Chelsea Fisher
Chelsea Fisher
Head of R&D
Profile picture of Bart Jacoby
Bart Jacoby
Head of Sales
Profile picture of Chris Peterson
Chris Peterson
Director of Operations
1 more team member
Carli Blum
Founder / CEO
Chelsea Fisher
Head of R&D
Bart Jacoby
Head of Sales
Chris Peterson
Director of Operations

Press

This Vegan Ice Cream Is The Creamiest I've Tried-And I've...
Bon Appétit Bon Appétit
·
Jan 8, 2021

Healthyish Loves It is our weekly column where we tell you about the stuff we can't live without. See our past recommenda...

Logo of Sunscoop

Sunscoop

Sunscoop successfully raised $315,240 from 687 investors on May 1, 2021
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Randi, Caspar, Maura, Jennifer, Spencer X, and 682 others invested. 135 Reviews
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