Stellar Pizza
Early Stage
Revolutionizing the Pizza Industry Through Automation
Overview
Raised: $226,622
Total Commitments ($USD)
Platform
Wefunder
Start Date
11/16/2023
Close Date
02/23/2024
Min. Goal
$500,000
Max. Goal
$1,235,000
Min. Investment
$100
Security Type
SAFE
SEC Filing Type
RegCF
Early Bird Val. Cap
$32,000,000
Valuation Cap
$40,000,000
Discount
15%
Rolling Commitments ($USD)
Status
Active
Reporting Date
12/03/2023
Days Remaining
82
% of Min. Goal
45%
% of Max. Goal
18%
Likelihood of Max
Avg. Daily Raise
$13,331
Momentum
Create a free account today to gain access to KingsCrowd analytics.
Year Founded
2019
Industry
Food, Beverage, & Restaurants
Tech Sector
Foodtech
Location
Hawthorne, California
Stellar Pizza, with a valuation of $40 million, is raising funds on Wefunder. The company is revolutionizing the pizza industry with the world’s first robotic pizza truck. Stellar Pizza has built an end-to-end automated mobile restaurant, with two trucks operating in Los Angeles and a third on the way. The business grew to 12,000 customers in the first six months of operations and has served over 48,000 pizzas to date. Benson Tsai, James Wahawisan, and Brian Langone founded Stellar Pizza in February 2019. The current crowdfunding campaign has a minimum target of $500,000 and a maximum target of $1.24 million. The campaign proceeds will be used for scaling operations, engineering development, manufacturing and assembly, and marketing.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$2,169 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-9,851,615 |
$-5,894,056 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$6,712,727 |
$414,334 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$7,852,380 |
$697,590 |
|
Short-Term Debt |
$579,001 |
$428,103 |
|
Long-Term Debt |
$354,272 |
$0 |
|
Total Liabilities |
$933,273 |
$428,103 |
Financials as of: 11/16/2023
Create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$25 /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
Already a member? Log in here.
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.