Move
Early Stage
Supermarket of The Future. Premium Groceries without Premium Markups.
Overview
Raised: $0
Total Commitments ($USD)
Platform
Wefunder
Start Date
03/14/2019
Close Date
04/30/2019
Min. Goal
$50,000
Max. Goal
$1,070,000
Min. Investment
$100
Security Type
SAFE
SEC Filing Type
RegCF
Valuation Cap
$25,000,000
Discount
0%
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
04/14/2019
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$0
Momentum
Not Funded
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Year Founded
2016
Industry
Retail Shops & Department Stores
Tech Sector
Non-Tech
Location
San Francisco, California
Move, a digital supermarket of the future, is raising crowdfunding on WeFunder. The company has a valuation cap of $25 million. Move is expected to launch in 2019 and will provide premium groceries without premium markups. The company has built a supply chain of vendors to offer groceries at the doorstep without the help of intermediaries. Move was founded by Chai Mishra and has already raised $1.65 million in funding. The current crowdfunding round is expected to launch on March 15, 2019. The company has recorded $200,000 in revenue in Beta, with 7,000 orders shipped, and has more than 80,000 already on the waitlist.
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Raise History
| Offering Name | Close Date | Platform | Valuation/Cap | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| Move | 12/31/2020 | Wefunder | $25,000,000 | $585,186 | SAFE | Funded | RegCF |
| Move | 07/31/2019 | Wefunder | $25,000,000 | $521,432 | SAFE | Funded | RegCF |
| Move | 04/30/2019 | Wefunder | $25,000,000 | $0 | SAFE | Not Funded | RegCF |
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