Blendid (2021)
About this raise
Blendid, with a valuation of $56.9 million, is raising funds on StartEngine. The company makes robotic food automation solutions powered by artificial intelligence. The first product of Blendid is a robotic kiosk that makes healthy smoothies on demand and based on the taste and preferences of customers. Blendid already has kiosks deployed at select Walmart locations and plans to expand aggressively. The current crowdfunding campaign has a minimum target of $9,999.08 and a maximum target of $1,999,999.82. The campaign proceeds will be used to expand to more locations nationally and internationally.
Investment Overview
Invested : $1,414,365
Deal Terms
Total Commitments
- Platform
- StartEngine
- Start Date
- 09/30/2021
- Close Date
- 11/19/2021
$9,999
$2,000,000
$499
Equity - Common
Series A
RegCF
$1.82
$56,927,498
Company & Team
Company
- Year Founded
- 2015
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2B2C
- Margin
- Medium
- Capital Intensity
- High
Financials
- Revenue -23.1% YoY
- $64,119
- Monthly Burn
- $405,233
-
Runway
- 5.6 months
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 04/19/2023 | StartEngine | $88,010,557 | $504,404 | Equity - Preferred | Funded | RegCF |
| 11/30/2022 | Dalmore Group | $78,321,576 | $3,895,675 | Equity - Preferred | Funded | RegA+ |
| 11/19/2021 | StartEngine | $56,927,498 | $1,414,365 | Equity - Common | Funded | RegCF |
| 09/24/2021 | StartEngine | $49,943,429 | $2,000,065 | Equity - Common | Funded | RegCF |
| 02/28/2021 | Microventures | $50,000,000 | $460,051 | Convertible Note | Funded | RegCF / RegD 506(c) |
Growth Charts
Revenue History
Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.