MyTable

MyTable

Early Stage

A digital marketplace

A digital marketplace

Overview

Raised to Date: Raised: $1,568

Total Commitments ($USD)

Platform

Netcapital

Start Date

07/19/2020

Close Date

09/21/2020

Min. Goal
$10,000
Max. Goal
$350,000
Min. Investment

$100

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$4.00

Pre-Money Valuation

$4,114,288

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

09/29/2020

Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise

$25

Momentum
Not Funded
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Year Founded

2019

Industry

Food, Beverage, & Restaurants

Tech Sector

MarketplaceTech

Distribution Model

B2B2C

Margin

Medium

Capital Intensity

Low

Location

West Roxbury, Massachusetts

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

Financials as of: 07/19/2020
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MyTable on NetCapital
Platform: Netcapital
Security Type: Equity - Common
Valuation: $4,114,288
Price per Share: $4.00

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