Overthrow Hospitality
Overthrow Hospitality, with a valuation of $21.7 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 $14,981.80 and a maximum target of $3 million. The campaign proceeds will be used for expansion and company employment.
Investment Overview
Raised: $427,324
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
- 1.1 months
- Gross Margin
- 80%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
01/21/2025 | StartEngine | $21,657,361 | $427,324 | Equity - Common | Active | RegCF |