This company is no longer in business. Investors can get details about any potential exits or failures here.
Just Add Cooking
Early Stage
Making local food accessible through customized meal solutions.
Overview
Raised: $0
Total Commitments ($USD)
Platform
Wefunder
Start Date
10/07/2018
Close Date
03/15/2019
Min. Goal
$53,400
Max. Goal
$1,063,500
Min. Investment
$100
Security Type
Equity - Preferred
SEC Filing Type
RegCF
Price Per Share
$1.11
Pre-Money Valuation
$8,010,000
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
11/10/2018
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$0
Momentum
Not Funded
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Year Founded
2015
Industry
Food, Beverage, & Restaurants
Tech Sector
Location
Boston, Massachusetts
Just Add Cooking is living up to its name. They’re making local food accessible through customized and affordable meal solutions. Retention is at 26%, versus the industry standard of 13%, and their average first-year customer spend is $1,862, which is 3 times more than the industry average. So far, they’ve expanded to 13 local grocery stores, as well as started an online marketplace for consumers to add on locally made goods. They’ve also been named the Best Meal Kit Delivery in the Best of Boston 2018 list by Boston Magazine. With this campaign, they hope to expand their footprint in the Northeast.
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