This company is no longer in business. Investors can get details about any potential exits or failures here.
Dine.Direct
[Closed for Investment] 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.
Investment Overview
Raised: $283,850
Deal Terms
Total Commitments ($USD)
- Platform
- Wefunder
- Start Date
- 03/01/2021
- Close Date
- 10/13/2021
$100,000
$1,070,000
$100
SAFE
Seed
RegCF
$4,000,200
$6,000,000
10%
Company & Team
Company
- Year Founded
- 2020
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2B
- Margin
- Low
- Capital Intensity
- Low
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 10/13/2021 | Wefunder | $6,000,000 | $283,850 | SAFE | Not Funded | RegCF |