Manna

Manna

Early Stage

Manna is the ultimate recipe app, digital kitchen tool and cooking community.

Manna is the ultimate recipe app, digital kitchen tool and cooking community.

Overview

Raised to Date: Raised: $12,200

Total Commitments ($USD)

Platform

SeedInvest

Start Date

10/06/2022

Close Date

12/09/2022

Min. Goal
$25,000
Max. Goal
$618,000
Min. Investment

$1,000

Security Type

Convertible Note

Series

Seed

SEC Filing Type

RegCF / RegD 506(c)    Open SEC Filing

Valuation Cap

$10,000,000

Discount

30%

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

12/08/2022

Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise

$194

Momentum
Not Funded
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Year Founded

2019

Industry

Consumer Products, Goods & Services

Tech Sector

Foodtech

Distribution Model

B2B/B2C

Margin

High

Capital Intensity

Low

Location

Stamford, Connecticut

Business Type

Growth

Manna, with a valuation of $10 million, is raising funds on SeedInvest. The app makes cooking fun, customizable, and seamless by allowing users to collect, create, share, modify, and organize recipes. The proprietary technology of Manna helps in creating, personalizing, and sharing content. The app has achieved 8,000 downloads, 50,000 recipe views, 18 minute average engagement time, and 35,000 swipes since its inception. David Greenstein, Joshua Abady, Rachel Abady, and Guy Greenstein founded Manna in 2019. The current crowdfunding campaign has a minimum RegCF target of $25,000, a minimum raise target of $200,000, and a maximum target of $618,000. The campaign proceeds will be used for product development, operations, key hires, and business development.
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Manna 12/08/2022 SeedInvest $10,000,000 $12,200 Convertible Note Not Funded RegCF / RegD 506(c)
Manna 12/10/2020 Wefunder $10,000,000 $149,542 SAFE Funded RegCF
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

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.

Employee History

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Manna on SeedInvest 2022
Platform: SeedInvest
Security Type: Convertible Note
Valuation: $10,000,000

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