About this raise
Black Point Seafood delivers fresh Maine Lobster and seafood from the dock to your doorstep in just a few clicks. So far, they’ve earned over $6.5M in revenue during 2016 to 2017 and have served over 250,000 meals to over 100,000 customers in all 50 states since their inception. They increase their retention rate YOY by 7%, and 30% of customers are second time repeats; from those customers, 49% order again. Black Point also has third-party selling programs through Groupon, Living Social, Touch of Modern, Gilt City, Rue La La, and more, and they were featured in USA Today’s 2017 selection of “50 States: 50 Gifts of Taste.”
Investment Overview
$492,920 - Total
Deal Terms
Total Commitments
- Platform
- SeedInvest
- Start Date
- 08/31/2018
- Close Date
- 10/19/2018
$25,000
$1,000,000
$1,000
Equity - Preferred
Early Stage
RegCF
/ RegD 506(c)
$1.00
$9,000,000
Company & Team
Company
- Year Founded
- 2016
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- Capital Intensity
- Location
- Portland, Maine
- Company Website
-
Visit Website
Team
- Employees
- 1
Financials
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Company Funding & Growth
Funding history
Growth Charts
Revenue History
Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.