Lunchwale, Inc.

Reinventing the working lunch with unique corporate food delivery service

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Security Type
CAFES
Categories
Retail, Technology, Financial Services, Food & Bev, Service Businesses
Min Investment
$100
Location
FRISCO, TX
Expected Close Date
April 30, 2021
Target Raise
$25.00K-$1.07M
Security Price
$0.06
Website
lunchwale.co
Number of Employees
3
Cash
$2,479
Revenue
$70,877
Short Term Debt
$0
Cost of Goods
$43,242
Long Term Debt
$0
Net Income
$1,827

Key Deal Facts

🍲 Unique food delivery service offering on-time, low-cost, healthy corporate lunches
👥 Building a huge community to expand into new areas of revenue, including advertising and affiliate marketing
💪 Company launched in 2018 and has grown consistently over four years, surviving turbulent Covid years
💰The US food delivery market is projected at $8.3 billion for 2022
❤️ Company has Google rating of 4.6, an Net Promoter Score (NPS) of 90 considered ‘World Class’) and a CSAT score of 83
😊 Each year, the company donates 3,000+ meals to support orphans in the United States

Management Team / Advisory Board Bios

Gopi Kantamneni CEO & FounderGopi can boast more than 25 years of experience in sales and business management in leadership positions, with a deep understanding of financial management. He has a Master’s in Business Management from Newport University, California., Aishwarya Kantamneni Co Founder & CFOAishwarya has more than nine years of experience in business analysis and business requirements modelling. She has a Bachelor of Commerce from Osmania University, India., Asha Chowdary Kantamneni Co Founder & Chief Kitchen OfficerAsha is a passionate kitchen officer, with more than 15 years of experience in managing and supervising cross-functional teams in multiple industries., Andy Kohok Chief Advisor Supply Chain& Last Mile ConnectivityManaging Director Accenture Strategy in the Supply Chain and Operations.
Andy considers himself a change leader through the practical application of technology and a strategic vision for continuous business development. He has 15+ years of experience., Vamsi Kandikonda Vamsi, MS in Physics founded Spicyfy Ventures LLC and co-founded Balabharathi.com and Kinetic Application Technologies LLC, has 25+ years experience in software development & applications, including mobile apps, AR/VR apps and AI/ML technologies., Prakash Kadarla BFA Applied Arts, JNTU, India
Technical Teachers Certificate (TTC)
Has 20+ years of experience in Electronic & Print Media, Digit Marketing & Brand building & website design, software application, logo design, print design leadership.
Amount Raised : $106,450
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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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