About this raise
RDE, with a valuation of $31 million, is raising funds through Reg A+ crowdfunding. The company owns and operates a restaurant-focused digital deals brand Restaurant. com. The platform connects diners, businesses, restaurants, and communities and helps diners save money at thousands of restaurants across the country. Ketan Thakker founded RDE in 2001. The current crowdfunding round has no minimum raise and a maximum raise of $7,000,000, and the funds will be used for growth and expansion. RDE has over 8 million customers and has helped them save more than $1 billion through its restaurant deals. The company generated revenue of $10.6 million in 2019 and plans to grow further with its unique business model and technology upgrades.
Investment Overview
Invested $150,750 :
Deal Terms
Company & Team
Company
- Year Founded
- 2011
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
- Revenue +13% YoY
- $1,163,000
- Monthly Burn
- $189,333
-
Runway
- 3 months
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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.