FanFood

Early Stage

FanFood enhances the fan experience by allowing fans to watch more of the action and never miss the big play because they were stuck in long concession stand lines.

Overview

Raised to Date: Raised: $126,180

Total Commitments ($USD)

Platform

Microventures

Start Date

12/20/2017

Close Date

02/13/2018

Min. Goal

$50,000

Max. Goal

$300,000

Min. Investment

$100

Security Type

SAFE

SEC Filing Type

RegCF    Open SEC Filing

Rolling Commitments ($USD)

Status
Funded
Reporting Date

02/28/2018

Days Remaining
Funded
% of Min. Goal

252%

% of Max. Goal

42%

Likelihood of Max
Funded
Avg. Daily Raise

$2,294

# of Investors

365

Momentum
Funded
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Year Founded

0000

Industry

Media, Entertainment & Publishing

Tech Sector

Location

Chicago, Illinois

Who Should Be Interested:
Do you love attending events, but hate waiting in line for concessions? Have you ever missed a grand slam because you were waiting in line for a drink? Or, are you simply a fan that likes food? Well, if you are -- and if you’re tired of concession congestion --then FanFood might be the investment for you. Their app makes it so you never have to wait in event concession lines again, which means less time missing the game -- and more time watching the big plays!

The Company:
FanFood is meant for fans of food and fans of watching events -- not for fans of waiting in line. Right now, 45% of fans have abandoned concession lines at events at least once because the lines are too long. FanFood solves that issue. They’ve created a mobile concession app that allows you to order refreshments directly from your seat, track your order, and gives you the option to either get it delivered directly to your seat or go and pick it up when it’s ready. Since May 2017, over 13,000 fans have downloaded the FanFood app, and during the 2017 Formula 1 Grand Prix event at the Circuit of the Americas in Austin, Texas, FanFood generated over $40,00 of revenue -- in just three days! Plus, they’ve already been onboarded at other venues such as Avaya Stadium in California, Principal Park in Iowa, and Austin 360 in Texas (just to name a few). With FanFood, vendors can improve wait times, increase sales, enhance the fan experience, and alleviate congestion. For fans, they can get their food and drinks fast and easily -- and still enjoy their event.

The Bottom Line:
FanFood means less lines and more game time. This app is changing the way people can enjoy events by combining in-home comfort with stadium food convenience. In other words, with FanFood, you can watch your slam dunk….and not have to wait to drink your beer, too.
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FanFood on Microventures
Platform: Microventures
Security Type: SAFE

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