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176%
Raised
£616,170
Investors
746
Target
£350,000
Equity
23.70%
Pre-money valuation
£1,984,000

Stem + Glory is a plant based restaurant chain on a mission to disrupt the restaurant industry by serving plant based food delicious enough to turn everyone vegan. With two busy restaurants in Cambridge we are now seeking funds to launch a 3rd location in London and prepare the brand for a roll out

  • Demand for meat free options grew 987% in 2017
  • Vegan restaurants massively under-represented nationwide
  • First Stem + Glory site annual revenue growth of 84%
  • London restaurant planned in high footfall Old St location

Idea

Stem + Glory is on a mission to change the way we view vegan food by offering healthy food, kinder to the environment, with no compromise on flavour.

Demand for plant-based food is seeing huge growth. Last year Ocado saw a 1500% increase in plant-based food sales, and Just Eat a 987% increase in demand for meat-free meals. Despite this growth, vegan restaurants are under-represented. Of 18,302 restaurants in London, just 0.1% are fully vegan.

Stem + Glory offers the opportunity to invest in a proven and ethical project, right at the start of an emerging market set to grow rapidly over the next 10 years.

Stem + Glory founder has spent years immersed in the plant-based scene, and the team has a wealth of experience in the leisure and hospitality sectors, including brands such as The Ministry of Sound and CAMYOGA. We believe there’s huge potential for Stem + Glory within the restaurant sector for high-quality vegan dining alongside fast-service lunch, brunch, vegan craft beers and fine wines.

Funds will be used to invest in a new high footfall London location, as well as develop the brand ready for a wider national rollout.

This is not only your chance to invest in an exciting emerging restaurant brand but also to join us on a mission to help lessen our impact on the environment.

Disclosure: sales at first location grew from £47,885 in the period of Nov16-Jan17 to £87,533 in Nov17-Jan18

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Stem + Glory has been given advance assurance by HMRC that the proposed share issue is likely to qualify for Enterprise Investment Scheme (EIS) tax relief.

Tax relief is available to individuals only, with income tax relief currently set at 30 per cent of the cost of the shares for the tax year in which the investment was made. The tax reliefs can also reduce your Capital Gains Tax bill. Read More.

Availability of tax relief depends on your individual and the company’s ongoing circumstances and applicable law.