This company is no longer in business. Investors can get details about any potential exits or failures here.

Home Bistro

Home Bistro

[Closed for Investment] Home Bistro, a prepared meal delivery platform, is raising crowdfunding on Equifund CFP through Reg A+ crowdfunding. The business aims to deliver premium and branded direct-to-customer meals and can ship anywhere in the country overnight. The platform uses influencers and celebrities to launch food product brands. Zalmi Duchman founded Home Bistro in 2009. The current crowdfunding round has a minimum target of $16,500,000 and a maximum target of $30,500,000, and the funds will be used towards working capital and general corporate purposes. Home Bistro has partnered with celebrity chefs, including Cat Cora, Roble Ali, and Daina Falk.

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Investment Overview

Raised this Round: Raised: $6,027,622

Deal Terms

Total Commitments ($USD)

Platform
Equifund
Start Date
06/02/2021
Close Date
Not Provided
Min. Goal
$10,000
Max. Goal
$30,500,000
Min. Investment

$501

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegA+    Open SEC Filing

Price Per Share

$1.30

Pre-Money Valuation

$19,600,000

Company & Team

Company

Year Founded
2009
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
Location
Miami Beach, Florida
Business Type
Growth
Company Website
Visit Website

Team

Employees
4
Prior Founder Exits?
Yes
Founder Name
Zalmi Duchman
Title
CEO

Financials

 Revenue +60% YoY
$1,335,859
 Monthly Burn
$103,472
 Runway
4.3 months

Balance Sheet

Cash and Cash Equivalents

$447,354

Investment Securities

$0

Accounts and Notes Receivable

$33,588

Property, Plant and Equipment (PP&E)

$2,728

Total Assets

$483,670

Accounts Payable & Accrued Liabilities

$947,120

Long Term Debt

$1,451,544

Total Liabilities

$2,398,664

Total Stockholders' Equity

$-1,914,994

Total Liabilities and Equity

$483,670

Statement of Comprehensive Income Information

Total Revenues

$1,335,859

Costs & Expenses Applicable to Rev

$2,577,080

Depreciation and Amortization

$440

Net Income

$-1,241,661

Earnings Per Share - Basic

$-0.07

Earnings Per Share - Diluted

$-0.07

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
05/19/2022 Equifund $19,600,000 $6,027,622 Equity - Common Funded RegA+
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Add to portfolio
Home Bistro on Equifund CFP 2021
Platform: Equifund
Security Type: Equity - Common
Valuation: $19,600,000
Price per Share: $1.30

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