StadiumDrop
About this raise
StadiumDrop, a peer-to-peer food delivery service, is raising crowdfunding on Wefunder. The business offers an in-seat food delivery service where fans can order and receive food right at their seats in the stadium. The service prevents distractions and missing the moment for fans. Kristen McAbee, Adam McAbee, and Gary Pearson founded StadiumDrop in January 2020. The proceeds of the current crowdfunding round, with a minimum raise of $50,000 and a maximum raise of $500,000, will be used for operational expenses, acquisitions of new venues and contracts, and app development beyond the MVP. StadiumDrop has already launched and proven its delivery concept at three universities during the COVID-19 pandemic and has opportunities for rapid expansion in the next twelve months.
Investment Overview
Invested : $262,965
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 10/26/2020
- Close Date
- 07/23/2021
$50,000
$500,000
$100
SAFE
Seed
RegCF
$2,400,000
$3,800,000
0%
Company & Team
Company
- Year Founded
- 2020
- Industry
- Logistics, Delivery, & Supply Chain
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- Low
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 07/23/2021 | Wefunder | $3,800,000 | $262,965 | SAFE | Funded | RegCF |