Manna

Neutral
BETA

Manna is the ultimate recipe app, digital kitchen tool and cooking community.

Analytics

Raised to Date: $111,360

Aggregate Commitments $
Platform

Wefunder

Start Date

08/17/2020

Close Date

12/03/2020

Min. Goal

$200,000

Max. Goal

$1,070,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Series

Pre-Seed

Valuation Cap

$10,000,000

Discount Rate

25%

Weekly Commitments $
Status

Active

Reporting Date

09/16/2020

Days Remaining

75

% of Min. Goal

56%

% of Max. Goal

10%

Likelihood of Max
Avg. Daily Raise

$3,712

# of Investors

93

Momentum
Location

Stamford, CT

Industry

Consumer Products, Goods & Services

Tech Sector

Foodtech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Business Type

High Growth

Manna, with a valuation cap of $10 million, is raising funds on Wefunder. The app makes cooking fun, customizable, and seamless by allowing users to collect, create, share, modify, and organize recipes. The proprietary technology of Manna helps in creating, personalizing, and sharing content. David Greenstein, Joshua Abady, Rachel Abady, and Guy Greenstein founded Manna in 2019 and has raised over $60,000 since its founding. The current crowdfunding campaign has a minimum raise of $200,000 and a maximum raise of $1,070,000, and the proceeds will be used for hiring full-time employees, expanding development team, user acquisition and marketing, content creation, and building partnerships. Manna is built using top of the line technology and has diverse revenue streams.

Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-73,772

$-46,413

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$9,070

$44,845

Accounts Receivable

$0

$0

Total Assets

$9,070

$44,845

Short-Term Debt

$14,161

$0

Long-Term Debt

$0

$0

Total Liabilities

$14,161

$0

Ratings

last updated 09/16/2020

Research

Other Deals

Signature Lacrosse on StartEngine

Signature Lacrosse has been selected as a “Deal to Watch” by KingsCrowd. This distinction is reserved for deals…

Crowd
Pristeem on Wefunder

Pristeem has been selected as a “Deal to Watch” by KingsCrowd. This distinction is reserved for deals selected…

Crowd
Dan Clark Audio on StartEngine

The Dan Clark Audio team has been selected as a “Deal to Watch” by KingsCrowd. This distinction is…

Crowd
Create your first portfolio
WELCOME TO YOUR OWN INVESTMENTS PORTFOLIO ON KINGSCROWD.

Now you can track all of your startup investments in one place utilizing our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
Add Manna on Wefunder
Follow company
Follow Manna on Wefunder