About this raise
Mealthy, with a valuation cap of $40 million, is raising crowdfunding on Wefunder. It is a kitchen appliance and consumer goods company that designs and manufactures high-quality kitchen products that come at great prices, with easy recipes and videos. The flagship products of Mealthy include the Mealthy MultiPot and HandBlend. Casey Musick founded Mealthy in 2017. The current round of crowdfunding has a minimum target of $150,000 and a maximum target of $1,070,000, and the funds will be used towards product inventory, marketing, talent acquisition, and new product launch. Mealthy has generated over $19.9 million in revenues in the first three years and plans to launch many new products in 2021.
Investment Overview
Invested $393,887 :
Deal Terms
Company & Team
Company
- Year Founded
- 2017
- Industry
- Consumer Products, Goods & Services
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Medium
- Capital Intensity
- High
Financials
- Revenue -10% YoY
- $7,468,983
- Monthly Burn
- $146,729
-
Runway
- 3.3 months
- Gross Margin
- 47%
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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.