Upfull Food successfully raised £6,450 to fund the production of 8,600 bags 2125 days ago. Check back soon for more offers.
Upfull Food
Upfull is a granola maker with a unique product. They are now ready to scale up and you can support them here.
Terence Lapidus, Founder
repaid
Paid back in full on
4 Apr 18
1 day early!!!
Offer Details
NOW
Already funded!
Earn
5.6%
In 4 months
EquivAlent to
18%
per year
Upfull Food is the only producer in the UK offering a full meal of granola "on the go". Their delicious granola is packed in single-serve, waterproof and resealable bags.
The company launched in January this year and is now selling into 79 outlets across the UK in Birmingham, Oxford, London and Brighton. They are now ready to start selling to larger distributors and directly into gyms.
Upfull would like you to fund the production of their bags at a cost of £6,450. In return the company is offering repayment plus 5.6% profit in 4 months.
Upfull Food is the only producer in the UK offering a full meal of granola "on the go". Their delicious granola is packed in single-serve, waterproof and resealable bags.
The company launched in January this year and is now selling into 79 outlets across the UK in Birmingham, Oxford, London and Brighton. They are now ready to start selling to larger distributors and directly into gyms.
Upfull would like you to fund the production of their bags at a cost of £6,450. In return the company is offering repayment plus 5.6% profit in 4 months.
UPDATE
Offer Details
NOW
Already funded!
Earn
5.6%
In 4 months
EquivAlent to
18%
per year
- Upfull Food launched in January 2017
- Accepted onto Virgin Startup Accelerator - Jun 2017
- Selected by Craved for corporate box set - Sep 2017
-
what's being funded?
Upfull Bags on the Go (100g)
8,600 bags funded by 21 backers
EARN OVER 5.6%FUNDED£6,450- Organic & gluten free
- Vegan, high fibre
- Full of superfood
- Single serve portions (100g)
- With unique upcycling tips
-
The Proposal
Upfull would like to order 21,500 bags from a manufacturer in China.
The £6,450 raised will cover all flavours of the product: Cacao Crunch, Nutty Mix-Up and Tropic Blast with accompanying stickers, including shipping and duties.
Upfull has the granola to fill the bags and the company's production capacity is 5,000 bags per week. Next year the expected sales are over £6k/mo from bags of granola alone and 2 new products are launching.
Terence expects to be able to repay the loan within three months.
Upfull's B2B target is to sell multiple pallets in the first quarter of year, starting with Essential Coop and Virgin Active Gyms. Upfull is in discussions with several international distributors across Scandinavia too who are awaiting the Organic certification in January.
Upfull is also launching B2C sales in February with the launch of the company's e-commerce website.
LocationLondon, EnglandProducerTerence LapidusAmount Raised£6,450To Produce21,500 bagsDuration4 monthsRepayment date5th Apr 2018Profit offered5.6% absolute, 18% annualSecurity100% of the productShelf life1 year -
Where’s It Selling?
The Producer
Terence Lapidus was inspired to create Upfull while he was living on the UK's largest live-aboard ship in 2012.
On the ship Terence met ex-Gordon Ramsay chef Paul Cromie. Together they filled the ship with the sweet smell of toasted granola and made enough granola to feed the whole community for months to come.
Paul Cromie is now Head of Operations at Upfull Food.
In true community spirit the Regents Park Boating Community have access to a treasure chest of granola outside the boat where Terence currently floats.
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