EatOkra

The platform for Black-owned food experiences, backed by Google for Startups

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Security Type
CAFES
Categories
Financial Services, Retail, Food & Bev, Community & Lifestyle, Technology, Restaurant
Min Investment
$100
Location
Brooklyn, NY
Expected Close Date
April 29, 2024
Target Raise
$50.00K-$1.24M
No. Investors
385
Security Price
$1
Website
eatokra.com
Number of Employees
2
Cash
$103,269
Revenue
$1,301,659
Short Term Debt
$9,440
Cost of Goods
$0
Long Term Debt
$0
Net Income
$-181,385

Key Deal Facts

Exclusive


Friends Invest First
$2.5M cumulative revenue
Uber Eats, Apple Maps, and Pepsi Dig In Partnerships
500,000+ app downloads & Apple Store Developer Award Winner
1.5B media impressions generated for EatOkra-listed businesses
World-class team from Uber, Google, Mastercard, Culinary Institute of America, & U.S. Army
Featured in Forbes, Fast Company, Good Morning America, CNN, TechCrunch, TIME & more
On track to becoming a breakout star in the $65B food delivery market

Management Team / Advisory Board Bios

Anthony Edwards Jr CEO & CTOProgramming wizard with a passion for foodie culture. 2021 Apple app store developer winner. Former CTO at BuildingBlok. Served in the U.S. Armed Services 2003-2012. Computer Science B.S. from Fordham University., Janique Edwards Chief Brand OfficerCulinary visionary. Dine Diaspora 2022 Black Women in Food Honoree. 10+ years experience developing, managing, and evaluating administrative and operational programs for U.S. Customs and Border Protection. English BA from Lehman College-CUNY., Andre Ferguson Head of SalesGrowth specialist with 12+ years driving sales in food & tech. Former Uber Account Exec. Closed 60% of the total available kitchens in Atlanta for a venture-backed restaurant startup. BA from Albany State University., Jason Wallace Director of Business Solutions Restaurant scientist. Former executive chef and restaurateur. Distinguished alum of The Culinary Institute of America. 1st Black Chairman of the New York State Restaurant Association. Navy veteran. College professor. NRA ServSafe instructor., Jeff Beliziare Strategic AdvisorGlobal Brand Marketing Lead @ Google. 2x Emmy-winner. 20+ years leading campaigns for Pepsi, Samsung, Sprint, Spotify & more. Multi-million dollar exit of growthgeeks.com -grew from 1 to 60 employees & $0 to $9M in annual sales.
Amount Raised : $200,037
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Security Description

A CAFES (Contract and Future Equity Stake) can convert into different types of equity upon a Triggering Event, such as: common or preferred stock for a corporation, limited partnership interest for a limited partnership and membership interest for a limited liability company. At the time of the Triggering Event, the specific rights and limitations associated with the equity stake being issued to the investors will be determined and disclosed by the Entrepreneur.

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