Dining For Charities

Dining For Charities

Early Stage

Community-Based Ecosystem Where People Save Money & Local Businesses and Nonprofits Prosper

Community-Based Ecosystem Where People Save Money & Local Businesses and Nonprofits Prosper

Overview

Raised to Date: Raised: $81,000

Total Commitments ($USD)

Platform

Wefunder

Start Date

10/10/2023

Close Date

04/26/2024

Min. Goal
$50,006
Max. Goal
$1,229,120
Min. Investment

$100

Security Type

Equity - Preferred

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$6.68

Pre-Money Valuation

$6,688,888

Rolling Commitments ($USD)

Status
Funded
Reporting Date

04/29/2024

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$409

# of Investors

54

Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded

2019

Industry

Business Services, Software, & Applications

Tech Sector

MarketplaceTech

Distribution Model

B2B/B2C

Margin

High

Capital Intensity

Low

Location

Columbus, Georgia

Business Type

Life Style

Dining For Charities, with a valuation of $6.68 million, is raising funds on Wefunder. The company has developed a community-based ecosystem that supports small businesses and gives back to the community. Dining For Charities platform enables users to buy vouchers for local restaurants and businesses, dine out or shop, and 15% of the proceeds are donated to local charities. The platform has a cumulative revenue of $1.1 million and is currently onboarding Atlanta, Las Vegas, Mobile, Birmingham, and eight more markets by the year-end. Bill Evans founded Dining For Charities in October 2019. The current crowdfunding campaign has a minimum target of $50,006 and a maximum target of $1.2 million. The campaign proceeds will be used for marketing, software development, hiring, and operating expenses.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$231,037

$249,111

COGS

$17,902

$38,615

Tax

$0

$0

 

 

Net Income

$-12,561

$-45,619

Summary Balance Sheet

FY 2022 FY 2021

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$2,337

$0

Long-Term Debt

$151,738

$113,500

Total Liabilities

$154,075

$113,500

Financials as of: 10/10/2023
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$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
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars
Add to portfolio
Dining For Charities on Wefunder 2023
Platform: Wefunder
Security Type: Equity - Preferred
Valuation: $6,688,888
Price per Share: $6.68

Follow company

Follow Dining For Charities on Wefunder 2023

Buy Dining For Charities's Deal Report

Warning: according to the close date for this deal, Dining For Charities may no longer be accepting investments.

Dining For Charities Deal Report

Get KingsCrowd’s comprehensive report on Dining For Charities including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Dining For Charities is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Dining For Charities deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge