Happy Tummy Asia
[Closed for Investment] Happy Tummy Asia is raising funds on Republic. The business offers Asian takeout-style meal delivery service that tastes great and is good for the tummy. The offerings of Happy Tummy Asia are made using organic ingredients and are free from gluten, nuts, shellfish, and dairy. Happy Tummy Asia has delivered over 2,500 dishes and generated more than $40,000 in revenue since its soft launch in December 2020. Monita Sun and Joshua Russo founded Happy Tummy Asia in November 2018. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $275,000. The campaign proceeds will be used to increase the production capacity, open new locations, and increase menu options.
Investment Overview
Raised: $60,809
Deal Terms
Total Commitments ($USD)
- Platform
- Republic
- Start Date
- 11/18/2021
- Close Date
- 04/26/2022
$25,000
$275,000
$100
Convertible Note
Pre-Seed
RegCF
Uncapped
0%
Company & Team
Company
- Year Founded
- 2018
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- Low
Financials
- Revenue +141% YoY
- $34,078
- Monthly Burn
- $1,466
-
Runway
- 3.4 months
- Gross Margin
- 53%
Upgrade to gain access
-
$12.50 /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
Ratings 
Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 04/26/2022 | Republic | - | $60,809 | Convertible Note | Funded | RegCF |