About this raise: Overthrow Hospitality, with a valuation of $24.85 million, is raising funds on StartEngine. It is a plant-based food and beverage hospitality group with ten unique venues. Overthrow Hospitality offers elevated dining and drinking experiences to its consumers and caters to those who aspire to better themselves and the planet. The business has a social community of over 300,000 and reported a 59% growth in revenues from 2021 to 2023. Ravi Lalchandani, Drew Brady, and Sother Teague founded Overthrow Hospitality in April 2024. The current crowdfunding campaign has a minimum target of $216.50 and a maximum target of $3 million. The campaign proceeds will be used for expansion and company employment.
Investment Overview
Committed $670,291 :
Deal Terms
Company & Team
Company
- Year Founded
- 2024
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- High
- Capital Intensity
- High
Financials
- Revenue +5% YoY
- $8,543,498
- Monthly Burn
- $85,060
-
Runway
- 2.4 months
- Gross Margin
- 80%
Upgrade to gain access
-
$12.50 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific Kingscrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $685,608
- VC Backed?
- No
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.