MyTable

Neutral
BETA

A digital marketplace

Analytics

Raised to Date: $1,568

Aggregate Commitments $
Platform

Netcapital

Start Date

07/20/2020

Close Date

09/21/2020

Min. Goal

$10,000

Max. Goal

$350,000

Min. Investment

$100

Security Type

Equity - Common

Funding Type

RegCF

Series

Seed

Pre-Money Valuation

$4,114,288

Weekly Commitments $
Status
Funded
Reporting Date

09/30/2020

Days Remaining
Funded
% of Min. Goal

16%

% of Max. Goal

0%

Likelihood of Max
Funded
Avg. Daily Raise

$25

Momentum
Funded
Location

West Roxbury, MA

Industry

Food, Beverage, & Restaurants

Tech Sector

MarketplaceTech

Distribution Model

B2B2C

Margin

Medium

Capital Intensity

Low

Business Type

Growth

MyTable, with a post-money valuation of $4.4 million, is raising crowdfunding on NetCapital. It is an online marketplace that connects users with professional Chefs and hires them to make in-home meals. The platform is creating a community of local chefs who have a passion for their craft. The products offered by the marketplace include dinner parties, weekly meal prep, cooking classes, family dinners, and catered events. MyTable was founded by Matthew Kelly in 2019. The proceeds of the current crowdfunding round, with a minimum target of $10,000 and a maximum target of $350,000, will be used for marketing, chef hires, insurance, platform development, and compensation for employees. MyTable has developed it’s Android and iOS apps and launched an official customer beta program.

Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$2,095

$0

COGS

$662

$0

Tax

$0

$0

 

 

Net Income

$-250,979

$0

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$21,492

$0

Accounts Receivable

$0

$0

Total Assets

$23,021

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Ratings

last updated 10/04/2020

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