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Security Type
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CAFES
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Categories
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Financial Services, Retail, Food & Bev, Community & Lifestyle, Technology, Restaurant
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Min Investment
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$100
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Expected Close Date
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April 29, 2024
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Target Raise
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$50.00K-$1.24M
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No. Investors
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375
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Security Price
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$1
- 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.
Reveal the Score by Voting
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Additional ratings from other users are needed to determine a viable CrowdScore for this deal.
The "CrowdScore" for this deal is determined by user ratings and other factors using our proprietary algorithm.
ⓘ
The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
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The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
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The experience of the management team in running, scaling and/or exiting a business that required similar skills to execute the business plan.
Management Team
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The value of the company compared to similar companies raising money from investors.
Valuation
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.