FoodsPass
About this raise
FoodsPass, with a pre-money valuation of $12.5 million, is raising funds on StartEngine. The company helps customers get the best deals on food with its payment card and savings club for food. It is the broken food supply model by connecting communities to affordable food and advocating for a sustainable supply chain. Travis Siflinger founded FoodsPass in April 2021. The proceeds of the current crowdfunding round, with a minimum raise of $9,999.72 and a maximum raise of $1,069,999.59, will be used for marketing, market testing, launching the MVP, PR launch, and market expansion. FoodsPass has a waitlist of 5,000 and has signed marketing agreements with popular food and beverage brands.
Investment Overview
Invested $65,370 :
Deal Terms
Company & Team
Company
- Year Founded
- 2021
- Industry
- Financial & Insurance Products & Services
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- Low
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Funding history
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
12/22/2021 | StartEngine | $12,510,387 | $65,370 | Equity - Common | Funded | RegCF |