Khal

Early Stage

A platform for novice cooks & professional chefs to show their cooking skills

Analytics

Raised to Date: Raised: $292,000

Aggregate Commitments $

Platform

Wefunder

Start Date

11/15/2021

Close Date

07/30/2022

Min. Goal

$50,000

Max. Goal

$1,177,000

Min. Investment

$500

Security Type

SAFE

Funding Type

RegCF

Series

Pre-Seed

Valuation Cap

$20,000,000

Discount Rate

20%

Rolling Commitments $

Status

Active

Reporting Date

05/23/2022

Days Remaining

68

% of Min. Goal

584%

% of Max. Goal

25%

Likelihood of Max
unlikely
Avg. Daily Raise

$1,545

Momentum
cold.svg
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Location

Jersey City, New Jersey

Industry

Consumer Products, Goods & Services

Tech Sector

Foodtech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Business Type

High Growth

Khal, with a valuation of $20 million, is raising funds on Wefunder. The company has developed a platform that helps amateur cooks and professional chefs to showcase their cooking skills. The platform also works as a professional and social network for cooking enthusiasts. Khal has grown organically and has 157,945 users, having added 86,665 recipes. Samir Tendulkar founded Khal in August 2020. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1,177,000. The campaign proceeds will be used for marketing, tech development, hiring, and overseas contracting.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-19,248

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 11/15/2021
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Khal on Wefunder 2021
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Platform: Wefunder
Security Type: SAFE
Valuation: $20,000,000

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