HipChefs
Early Stage
The Go-To Solution For Food Entrepreneurs
Overview
Raised: $20,075
Total Commitments ($USD)
Platform
StartEngine
Start Date
02/14/2023
Close Date
04/14/2023
Min. Goal
$15,000
Max. Goal
$750,000
Min. Investment
$250
Security Type
Equity - Common
Series
Pre-Seed
SEC Filing Type
RegCF
Price Per Share
$0.70
Pre-Money Valuation
$3,500,000
Rolling Commitments ($USD)
Status
Active
Reporting Date
03/27/2023
Days Remaining
18
% of Min. Goal
134%
% of Max. Goal
3%
Likelihood of Max
Avg. Daily Raise
$490
# of Investors
23
Momentum
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Year Founded
2021
Industry
Business Services, Software, & Applications
Tech Sector
EnterpriseTech
Distribution Model
B2B
Margin
High
Capital Intensity
Low
HipChefs, with a valuation of $3.5 million, is raising funds on StartEngine. It is a B2B software company that supports chefs in creating their local commerce businesses. The platform is built by chefs for chefs and empowers chefs to grow their businesses by reducing time spent on administrative tasks. HipChefs is a workflow solution that allows chefs to launch their B2C website with ordering capabilities, productivity tools, menu support, and marketing support. Jessica Cooke and Monika Reti founded HipChefs in April 2021. The current crowdfunding campaign has a minimum target of $14,999.60 and a maximum target of $749,999.60. The campaign proceeds will be used for research and development, company employment, operations, and marketing.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-80,077 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$12,257 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$12,257 |
$0 |
|
Short-Term Debt |
$2,335 |
$0 |
|
Long-Term Debt |
$130,000 |
$0 |
|
Total Liabilities |
$132,335 |
$0 |
Financials as of: 02/14/2023
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