Speedy Eats
About this raise
Speedy Eats, with a valuation of $21 million, is raising funds on StartEngine. The company has developed automated, quick-service, and standalone kitchens for drive-throughs, deliveries, and walk-ups. The kitchen units of Speedy Eats allow food operators to deliver a seamless customer experience and increase their cash flow and profitability. Speedy Eats kitchens are positioned to capitalize on the quick service restaurant market with their quality, convenience, and customer service. Frederic Speed Bancroft founded Speedy Eats in March 2019. The current crowdfunding campaign has a minimum target of $9,999.24 and a maximum target of $1,069,992.84. The campaign proceeds will be used for beta testing, completion of Generation-2 and Generation-3 units, and launch.
Investment Overview
Invested $339,394 :
Deal Terms
Company & Team
Company
- Year Founded
- 2019
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2B
- Margin
- Medium
- Capital Intensity
- High
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $525,000
- VC Backed?
- No
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
11/28/2022 | StartEngine | $20,979,788 | $339,394 | Equity - Common | Funded | RegCF |