Happy Tummy Asia

Early Stage

Asian takeout-style meal delivery that makes your tummy happy

Analytics

Raised to Date: Raised: $40,054

Aggregate Commitments $

Platform

Republic

Start Date

11/18/2021

Close Date

04/26/2022

Min. Goal

$25,000

Max. Goal

$275,000

Min. Investment

$100

Security Type

Convertible Note

Funding Type

RegCF

Series

Pre-Seed

Valuation Cap

Uncapped

Discount Rate

0%

Rolling Commitments $

Status

Active

Reporting Date

12/05/2021

Days Remaining

142

% of Min. Goal

160%

% of Max. Goal

15%

Likelihood of Max
likely
Avg. Daily Raise

$2,356

Momentum
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Location

WILMINGTON, Delaware

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Business Type

Growth

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.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$34,078

$14,162

COGS

$15,927

$7,366

Tax

$0

$0

 

 

Net Income

$-17,587

$-3,361

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$5,029

$5,154

Accounts Receivable

$0

$0

Total Assets

$14,328

$9,258

Short-Term Debt

$13,788

$1,031

Long-Term Debt

$0

$0

Total Liabilities

$13,788

$1,031

Financials as of: 11/18/2021
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Happy Tummy Asia on Republic 2021
$
Platform: Republic
Security Type: Convertible Note

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