SNAPSHYFT

Top Deal
BETA

A cocktail of disruption for recruiting & staffing within the food & beverage and hospitality industry

Analytics

Raised to Date: $39,158

Aggregate Commitments $
Platform

Netcapital

Start Date

03/12/2020

Close Date

10/09/2020

Min. Goal

$10,000

Max. Goal

$1,069,999

Min. Investment

$99

Security Type

Equity - Common

Funding Type

RegCF

Series

Seed

Pre-Money Valuation

$5,071,243

Weekly Commitments $
Status

Active

Reporting Date

09/16/2020

Days Remaining

19

% of Min. Goal

392%

% of Max. Goal

4%

Likelihood of Max
Avg. Daily Raise

$208

Momentum
Location

Indianapolis, IN

Industry

Food, Beverage, & Restaurants

Tech Sector

MarketplaceTech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

Low

Business Type

High Growth

SNAPSHYFT, with a post-money valuation of $8.12 million, is raising funds on NetCapital. The company is disrupting recruitment and staffing in the food & beverage and hospitality industry. It is a cloud-based staffing software and mobile app that connects the food & beverage and hospitality industry with the professionals of the industry, on-demand. The solution helps to fill shifts fast, plan ahead, and reduce turnover. SNAPSHYFT was founded by Thor Wood and Stephanie Corliss in 2018 and has already raised over $700,000 in previous rounds of financing. The current round of crowdfunding has a minimum target of $10,000 and a maximum target of $1,069,999, and the proceeds will be used for sales and marketing, development, operations, and working capital. SNAPSHYFT has generated $572,000 in lifetime revenues, with a 253% growth in gross revenues from January 2019 to January 2020.

Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$360,823

$19,436

COGS

$276,127

$150,578

Tax

$0

$0

 

 

Net Income

$-246,117

$-195,946

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$65,685

$19,436

Accounts Receivable

$49,650

$1,471

Total Assets

$116,530

$24,494

Short-Term Debt

$158,088

$177,835

Long-Term Debt

$150,000

$0

Total Liabilities

$308,088

$177,835

Ratings

last updated 09/16/2020

Research

Other Deals

Smart Soda Holdings on Republic

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

Crowd
Sunwarrior on StartEngine

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

Crowd
Macro Snacks on StartEngine

The Macro Snacks team has been selected as a “Deal to Watch” by KingsCrowd. This distinction is reserved…

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 SNAPSHYFT on Netcapital
Follow company
Follow SNAPSHYFT on Netcapital