I have started five companies, two of which were successfully acquired, and two VC funds. They are not aware of the severity of the problem and the fact that the market currently is totally underserved. Only 2 days left! Currently, the Customer Acquisition Cost (CAC) is lower than $20. We passed the first goal of our crowdfunding and rapidly progressing towards the second one. Dear Investors,I’d like to thank you for considering Billion Vegans as an investment. The vegan/plant-based trend could cease growing or even diminish because of scientific research findings of negative impact on health. Mostly on marketing - branding, optimization and advertising. Product/market fit - reaching great KPI's in a very short time: low CAC ($20) and high retention rate (23%). Billion Vegans is the world’s largest online marketplace for vegan and plant-based products. There are only several competitors. Billion Vegans: "We Hope to be a Large and Dominant Player in the Ecommerce Arena" - vegconomist - the vegan business magazine. 1995 - Modus provided a comprehensive enterprise-grade CRM suite. Soon after the funding round, we will significantly increase the marketing budget, while continue on improving the KPI’s, targeting to reach our 12 months benchmarks which will position us in the lead and pave our way to a large A-round. In the next 3 - 6 months, we hope to gradually and significantly increase the marketing budget and assume that the revenues will grow at the same pace or faster, as we continue improving and optimizing the systems. Team - mission-driven with an extensive track record of turning ideas into successful businesses. There are also leading online marketplaces that offer some vegan and plant-based products, such as Amazon, Thrive and iHerb, but the selection is limited and there is no vetting process. A true one-stop-vegan-shop. Made with all non-animal products, including the glue. The company was founded by Alon Hochberg and has raised over $500,000 since its founding. The company points to a widely untapped “blue ocean” of vegans in the U.S.—20 million and growing quickly. Reply. Even tougher. Predictions about future revenues and growth cannot be guaranteed. Some of the information contained in this discussion and analysis, including information regarding the strategy and plans for our business, includes forward-looking statements that involve risks and uncertainties. Three years ago, quite by mistake, I ran into a video about the dog-eating festival in China. We must join forces in making our own lives and the world better, and it’s within our reach. How big is the need for stores that cater to vegans? 6% -- Wefunder Intermediary fee, 50% -- marketing, mostly PPC (pay per click) and social media Then I had to make the purchases, track the shipments, and in some cases, contact customer support. Vegan caramels hand crafted with organic coconut milk instead of cream, and organic coconut oil instead of butter, Variety Pack includes Original, Chipotle Cayenne, Garlicky Green, and Better Than Bacon. } Right alongside new ventures like Billion Vegans is Beyond Meat. New Data on the Great Debate, Grain Free, Gluten Free, Soy Free, Low sodium. We don’t have any other sources of capital in the immediate future.We will likely require additional financing in excess of the proceeds from the Offering in order to perform operations over the lifetime of the Company. 2007 - SeeToo developed a synchronized video platform. Sea Salt, Sea Salt Chocolate and Golden (vanilla). Although the demand is growing fast, maintaining a vegan and plant-based lifestyle and shopping for products are very challenging and frustrating. BYND claims to disrupt a market that has a size of USD 270 billion in USA and USD 1.4 trillion globally, categorizing themselves as the “Future of Protein”. Soon, the availability, variety, and quality of these products will be sufficient. What are your best qualities as a company? A few niche online stores that offer groceries only or just beauty and fashion. This concentrated control in the Company will limit Investors’ ability to influence Company matters. 2. We considered raising funds from angels and VCs that are not mission-aligned, some of which we are already in relationships with and decided against it for now, unless the route we decided upon will not result in the necessary funds. The number of vegans in the US has grown by 500% from 1% of the population to 6% - about 20 million. Veganism isn’t a fad, or a trend, or a new sort of diet. The awareness for animal welfare, sustainability and health is growing fast and becoming mainstream, and the demand for vegan and plant-based is skyrocketing. Once their prices drop below the prices of the products they are replacing, we will reach a tipping point in which the economic aspect will switch most of the population into veganism - not because of the ethics, health or ecology aspects, but because of the costs. We believe this clearly validates the demand, the product/market fit, and the solid business model. Then we will have a large funding round that will take us all the way to profitability, and to a leading position in the market. 70% -- marketing, mostly PPC (pay per click) and social media Already demonstrated product-market fit: over 2% customer conversion rate and 23% retention rate. We are all entrepreneurs with vast experience in turning a vision into a reality (aka execution), each in his/her domain. It’s time-consuming, expensive and unreliable. The Securities are not equity interests, have no ownership rights, have no rights to the Company’s assets or profits and have no voting rights or ability to direct the Company or its actions. We can't measure the lifetime value yet as we can't extrapolate in such a short period. 2004 - Prolify provided the world's first commercial deep-learning application. window.mc4wp.listeners.push( DealPly) - an eCommerce marketing platform that reached sales of over $100M, and CreativeCalls - a marketing technology for call centers. Supported by the growing awareness of cruelty-free, healthy and sustainable products, Billion Vegans has the potential to become an e-commerce leader. Veganism is a mindset, it’s the new cool, it’s a whole new culture and Billion Vegans is among its leading catalysts. Clean BCAAs™ unflavored is all natural, food-sourced vegan BCAAs. To maintain a vegan lifestyle I had to spend hours browsing the web, searching for products, reading the fine print, sometimes needing to reach out to the sellers for further information, tracking orders from multiple sites, often contacting customer service, and sometimes getting products that weren’t actually vegan. (function() { The result is that 37% will not buy on Amazon, even if the selection and prices are the same. In this episode I interview Alon Hochberg, co-founder and CEO of Billion Vegans, an online marketplace that is aiming to be the 'Amazon for vegans'. He and his team are creating the Amazon.com for vegan shoppers and vegan products! In just over a month since launching the campaign, we hit our minimum target of $100k and are now focusing on raising $1 million so we can ramp up our marketing and operations to expand internationally and become the alternative to … Finding vegan, eco-friendly, and effective household cleaning products can be tough. Soon after, I've learned about the environmental and health aspects as well. I understood that the world must go vegan and I decided to devote my life to making it happen. forms: { We have a very strong product and technology teams, both with relevant experience in e-commerce. 2. on: function(evt, cb) { We aim to change it, making it easier, affordable and fun, for everyone.To summarize: if you are vegan - it’s an opportunity to impact your own life and the world, and if you are not vegan (yet) - I hope we convinced you that Billion Vegans is a great investment. The loss of services of the members of the management team may have an adverse effect on the company. That’s important for vegans. window.mc4wp = window.mc4wp || { usa and Canada market value is 1 billion now . And there is Amazon, the beast in the industry. An experienced entrepreneur and a business executive with more than 8 years of practice in Business Development and creating meaningful relationships, business collaborations, business operations infrastructures, and global growth opportunities. Rise in purchasing power, increase in vegan population, changes in lifestyle and food habits, and surge in number of organized retailing outlets across the globe drive the growth of the global vegan cheese market. Available in two colors. Many questions revolved around Amazon, but we believe we have a good answer...Most people are aware that the vegan community is growing rapidly as it becomes mainstream and a trendy lifestyle. Alon Hochberg is also currently the Company’s sole member of its Board of Directors, and therefore has significant control over the management of the Company and the direction of its policy and affairs. The fund invests in environmentally-friendly and cruelty-free companies … Our goal is to become the largest marketplace for vegan and plant-based products in the world, both in the number of products and in revenues. From a fanatic minority, it became a mainstream lifestyle. Mara has worked in the creative industry for over 5 years now with an extensive background in photography, marketing, and social media development. 100% Vegan, Loma Linda TUNO makes great tasting casserole or sandwiches without the fish with Natural Sea Salt Added! We believe that the vegan community should own a major part of the company, assist its growth and share its success. When I became vegan, I had to change everything from food, through clothing and home supplies, all the way to our dogs’ food. Currently stock more than 46 million turkeys will be increased if less than the maximum amount of Securities in... To change it cosmetics could be left holding the Securities nor a liquidity such. 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