The Town Kitchen on Republic

Feed your team, nourish your community.

Raise to date: $59,444

Reporting Date: 11/03/2019

Key Stats

Minimum Raise

$25,000

Maximum Raise

$1,070,000

Likelihood of Max Unlikely
Start Date

07/17/2019

Stop Date

10/31/2019

Days Remaining

Closed

Security Type

SAFE

Investment Minimum

$100

Deal Type

No Review


Investment Summary

Status

Confirmed Closed

# of Investors

347

% of Minimum Raised

238%

% of Maximum Raised

6%

Dollars Per Day to Reach Max

N/A

DPD* Committed

$561

DPD* Category

$0

DPD* All Companies

$1,321

Kingscrowd Momentum

$59,444

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

The Town Kitchen, with a valuation cap of $8 million, is raising funds on Republic. The company is taking corporate catering to the next level, along with helping the local communities. The Town Kitchen employs foster and re-entry individuals to create delicious meals and explore their potential, making it a culinary-oriented and an impactful company. The Town Kitchen was founded by Jefferson Sevilla in March 2015 and has raised $1.4 million since its founding. The current round of crowdfunding has a minimum target of $25,000 and a maximum target of $1,070,000, and the funds will be used to expand in the Bay Area. The Town Kitchen already has more than 40% return of gross margins on every order and reported revenue of $1.1 million in 2018, up 82% year-over-year.

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