Mealthy (1)

Home cooking made easy

Security Type: SAFE
Categories: Consumer Goods & Products
Min Investment: $100
Location: Austin, TX
Offering Date: May 14, 2019
Expected Close Date: January 01, 2019
Target Raise: $25.00K-$1.07M
Deal Notes: 20% discount

Company Description

Home cooking made easy

Perks

$100 Shoutout on our website (with your consent!)
$500 1 CrispLid OR 1 HandBlend Immersion Blender
$750 1 MultiPot OR 1 CrispLid & 1 HandBlend Immersion Blender
$1,000 1 CrispLid + 1 MultiPot
$2,500 1 CrispLid + 1 MultiPot + 1 HandBlend Immersion Blender
$5,000 1 CrispLid + 1 MultiPot + 1 HandBlend Immersion Blender + 1 of our $10,000 1 CrispLid + 1 MultiPot + 1 HandBlend Immersion Blender + 2 of our newest products
$25,000 1 CrispLid + 1 MultiPot + 1 HandBlend Immersion Blender + 3 of our newest products
$50,000 1 CrispLid + 1 MultiPot + 1 HandBlend Immersion Blender + 3 of our newest products AND dinner and karaoke with our founder and CEO in Austin, Texas (karaoke optional)

Key Deal Facts

Offering quality small kitchen appliances at great prices with technology to support customers in preparing simple, delicious, home-cooked meals
Well-positioned in growing $155 billion small kitchen appliance market
$6.3 million revenue in 2018, Mealthy's first year of sales
Mealthy MultiPot is the #2 selling multi-functional pressure cooker brand on Amazon
Launching several new products in 2019, including game-changing Mealthy CrispLid that transforms any pressure cooker into an air fryer
Mobile apps enable users to plan meals, create grocery lists, see nutritional information, and order ingredients with 1-click through Instacart and Amazon Fresh
Significant 2019 expansion into international markets, including Mexico, United Kingdom, Europe, India, South America, and South Africa
Recipient of two Interactive Marketing Awards (March 2019): Best SEO Campaign and Best Low-Budget SEO Campaign
Experienced management team includes the founder of Radha Beauty, former Midea executive, AllRecipes.com, and Instant Pot

Use of Proceeds

Capital Expenditures, Personnel, G&A, Inventory

Management Team / Advisory Board Bios

See offering site for details

Deal Notes

20% discount

Amount Raised : $1,070,000

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