TasteDNA

The Cottage by TasteDNA: Local Food for Everybody!

Print
Claim My Business
Security Type
CAFES
Categories
Other, Community & Lifestyle, Technology, Restaurant, Food & Beverage
Min Investment
$200
Location
Johns Creek, GA
Expected Close Date
April 29, 2024
Target Raise
$50.00K-$124.00K
No. Investors
17
Security Price
$1
Website
tastedna.me
Number of Employees
2
Cash
$10,000
Revenue
$0
Short Term Debt
$10,000
Cost of Goods
$0
Long Term Debt
$0
Net Income
$-5,200

Key Deal Facts

In May 2023, TasteDNA Launched Our Food Recommendations App In Both App Stores. Our Next Step: Building a Marketplace For Unique Local Flavors Already In Your Neighborhood. Unprecedented Growth In Local Food Artisans, Especially Post-COVID-19. 250 Foods/Drinks from 50 Local to Georgia Food Businesses are Onboarded on the Cottage Empowers Local Businesses, Showcases Local Food Diversity, and Celebrates Authentic Family Recipes Small Batch Production of Healthier Food Options For Everybody. Two-sided Marketplace Model With Multiple Revenue Streams. Both Founders Have 5 Degrees Between Them With Backgrounds in Engineering, Tech & Marketing

Management Team / Advisory Board Bios

Muyiwa Familoni CEO15 years of B2B & B2C, multi-media marketing in a diverse range of markets • Web developer turned Global Marketing Manager • Created @LooksLikeLagos on IG • Level 7 Google Restaurant reviewer with 26M+ views • I'm not limited by known solutions!, Oyinkan Familoni COOLicensed Environmental Engineer with 10 years experience • Manage $Bn Water Infrastructure Projects • 2 Postgraduate Degrees • Strong Ability to Understand Customer Needs and Develop Profitable Business Ideas • Keen eye for detail and passion to create, Rotimi SeatonTechinical AdvisorData Scientist and Recommendations Specialist • PhD, Computer Science • Data Scientist LinkedIn & Brown-Forman • MSc in Computer Science • Experienced in tech and software industries, with a global mindset and exposure to diverse cultures and people., Ope AkanniStrategy AdvisorMIT MBA • Google Alum • Fidelity Investments Alum • PWC Alum • 14+ years of Strategy, Business Advisory, Business Transformation, Finance, and Project Management across Tech, Financial Services, and Retail industries • BEng Information Technology, Henry EsiabaMarketing AdvisorMarketing strategies and consumer trend expert • Head of Marketing Services at Nestlé Nigeria • Head of Creative, B2B, High Value Customers Marketing at Airtel Africa • Brand Manager for Guinness at Diageo • Co-Founder, My Mini Bar NG, Tosin Oluwole Legal AdvisorPartner at ONO Legal Practice • EMSEL Strategic Leadership and Management program at Harvard • MBA, Edinburgh Business School, Heriot-Watt Univ. and Univ. of Lagos • Manager @ OVH Energy & Oando Plc • Corporate Compliance Expert @ Oando & HP

Amount Raised : $50,650
Reveal the Score by Voting
_
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
The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
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
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.

Research Reports

No reports have been submitted

Become a Reporter

0 Comments