Squareat

Squareat

Revolutionary Foodtech Startup - Delicious, Innovative and Ready-to-Eat!

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Security Type
SAFE
Categories
Food & Bev
Min Investment
$100
Location
Miami Beach, FL
Offering Date
July 02, 2021
Expected Close Date
September 30, 2021
Target Raise
$100.00K-$1.00M

Company Description

Our food comes in squares as a result of a special preparation process. Each square is made of a single primary ingredient plus natural aromas `(20+ recipes). Our proprietary process results in no loss of nutrients during cooking nor storage. 

Key Deal Facts

100% natural, ready-to-eat, nutritionally balanced... and incredibly tasty!
Healthy prepared food delivery is a fragmented market, growing at a 12%, and is already over $3b!
Highly scalable: Streamlined cooking and storage, longer shelf life and fewer deliveries needed.
Projected to breakeven within our first 9 months!
People love our flavors. We've had hundreds of amazing reviews and they can't wait to buy.
Omni-channel product available at gyms, retail, vending machines, airlines and our website!
Recyclable packaging, vegan / vegetarian and gluten free options available

Use of Proceeds

  • Accelerate the introduction paid marketing
  • The opening of new labs (California, New York), resulting in faster growth

Management Team / Advisory Board Bios

Paolo Cadegiani, CEO
Industrial Design Degree from Brera Academy Milan, ISSA certified personal trainer, already 1UP Nutrition ambassador, Miami resident since 2013 and active member of the city’s fitness community, +5 years experience in Food & Beverage Industry.

Alessandro Della Nina, CFO
Invested in a digitally-enabled food distribution company at €0.6m valuation: raised €0.7m at €4.5m 1y later, grew revenues 100% for 2y to €2.2m, and reached +9,000 customers. Launched a restaurant chain that now has 7 outlets and +€5m revenues.

Stefano Bucci, CTO
Developer with +10 years experience, Master in Digital Comunication at Scuola Politecnica di Design di Milano, Degree in Industrial Design at La Sapienza Rome.
Amount Raised : $0
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Security Description

A SAFE is an agreement between you—the investor—and the company in which the company promises to give you a future equity stake based on the amount you invested. It also involves some kind of a triggering event that must take place in order for you to get your future equity stake. Be careful as you may only get equity if a particular event is triggered.

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