Dine.Direct
Early Stage
The future of dining will be different. Our technology helps restaurants thrive.
Overview
Raised: $283,850
Total Commitments ($USD)
Platform
Wefunder
Start Date
02/28/2021
Close Date
10/13/2021
Min. Goal
$100,000
Max. Goal
$1,070,000
Min. Investment
$100
Security Type
SAFE
Series
Seed
SEC Filing Type
RegCF
Early Bird Val. Cap
$4,000,200
Valuation Cap
$6,000,000
Discount
10%
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
10/12/2021
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$1,256
# of Investors
143
Momentum
Not Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded
2020
Industry
Food, Beverage, & Restaurants
Tech Sector
Foodtech
Distribution Model
B2B
Margin
Low
Capital Intensity
Low
Dine.Direct, with a $6 million valuation cap, is raising funds on Wefunder. The company has built an app to support dining with technology. The app includes an easy order menu with pictures that brings all the power of ordering, kitchen scheduling, and delivery in a smartphone format. Ralph Burleson and Julie Campbell founded Dine.Direct in August 2020. The proceeds of the current crowdfunding raise, with a minimum target of $100,000 and a maximum target of $1,070,000, will be used for new restaurant setup, development of platform enhancements, platform operations, and general business expenses. Dine.Direct reported a 60% month-over-month growth in users in the last six months.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$608 |
$0 |
|
COGS |
$5,712 |
$0 |
|
Tax |
$748 |
$0 |
| ||
| ||
|
Net Income |
$-143,869 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$74,223 |
$0 |
|
Accounts Receivable |
$5,163 |
$0 |
|
Total Assets |
$124,568 |
$0 |
|
Short-Term Debt |
$23,935 |
$0 |
|
Long-Term Debt |
$41,902 |
$0 |
|
Total Liabilities |
$65,837 |
$0 |
Financials as of: 02/28/2021
Create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$25 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
KingsCrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Already a member? Log in here.
Ratings 
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.