FoodsPass
Early Stage
Together, we are the future of food! Eat smarter.
Overview
Raised: $65,370
Total Commitments ($USD)
Platform
StartEngine
Start Date
06/21/2021
Close Date
12/22/2021
Min. Goal
$10,000
Max. Goal
$1,070,000
Min. Investment
$248
Security Type
Equity - Common
Series
Pre-Seed
SEC Filing Type
RegCF
Price Per Share
$1.97
Pre-Money Valuation
$12,510,387
Rolling Commitments ($USD)
Status
Funded
Reporting Date
12/30/2021
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$357
# of Investors
76
Momentum
Funded
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Year Founded
2021
Industry
Financial & Insurance Products & Services
Tech Sector
Fintech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
FoodsPass, with a pre-money valuation of $12.5 million, is raising funds on StartEngine. The company helps customers get the best deals on food with its payment card and savings club for food. It is the broken food supply model by connecting communities to affordable food and advocating for a sustainable supply chain. Travis Siflinger founded FoodsPass in April 2021. The proceeds of the current crowdfunding round, with a minimum raise of $9,999.72 and a maximum raise of $1,069,999.59, will be used for marketing, market testing, launching the MVP, PR launch, and market expansion. FoodsPass has a waitlist of 5,000 and has signed marketing agreements with popular food and beverage brands.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$0 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$0 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$0 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 06/21/2021
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