About this raise

Tapville Franchising, with a $4.5 million pre-money valuation, is raising funds on StartEngine. The company offers a technology-inspired food and beverage franchising concept that uses self-service technology and advanced data analytics. The technology helps in cutting costs and optimizing the customer experience. Tapville Franchising was founded by Joseph Tota and is disrupting the hospitality industry. The proceeds of the current crowdfunding campaign, with a minimum raise of $10,000 and a maximum raise of $1,070,000, will be used for growth and expansion. Tapville currently has two affiliate locations that have generated over $5 million in lifetime revenues. The contactless concept of Tapville is expected to thrive during and post-COVID-19. The franchising opportunities come as brick and mortar, kiosk, and mobile kiosk, and revenues come through royalties and franchise fees.

Expand

Investment Overview

Invested this round: $1,070,000

Deal Terms

Total Commitments

Platform
StartEngine
Start Date
06/30/2020
Close Date
04/26/2021
Min. Goal
$10,000
Max Goal
$1,070,000
Min. Investment

$200

Security Type

Equity - Common

Company Stage

Early Stage

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.00

Pre-Money Valuation

$4,500,000

Company & Team

Company

Year Founded
2020
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Foodtech
Distribution Model
B2B/B2C
Margin
High
Capital Intensity
Low
Location
Naperville, Illinois
Business Type
Growth
Company Website
Visit Website

Team

Employees
2
Prior Founder Exits?
No
Founder Name
Joseph Tota
Title
CEO

Financials

 Revenue
$6,684
 Monthly Burn
$774
 Runway
2.4 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$6,684

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-9,282

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$1,886

$20,000

Accounts Receivable

$1,843

$0

Total Assets

$102,673

$20,000

Short-Term Debt

$1,955

$0

Long-Term Debt

$90,000

$0

Total Liabilities

$91,955

$0

Create a free account today to gain access to Kingscrowd analytics and financials.

Upgrade to gain access

Pay Monthly
Annually (2 months free)

Edge

$12.50 /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
Already a member? Log in here.

Ratings Kingscrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars

Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
02/24/2025 StartEngine $40,541,403 $206,497 Equity - Common Funded RegCF
09/28/2023 StartEngine $39,541,608 $123,405 Equity - Common Funded RegCF
06/29/2022 StartEngine $28,132,800 $509,364 Equity - Common Funded RegCF
04/26/2021 StartEngine $4,500,000 $1,070,000 Equity - Common Funded RegCF
Create a free account today to gain access to Kingscrowd analytics.

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.

Employee History

Founders: enhance your startup's credibility on Kingscrowd. Create an account to claim this raise page.
Add to portfolio
Tapville Franchising on StartEngine
Platform: StartEngine
Security Type: Equity - Common
Valuation: $4,500,000
Price per Share: $1.00

Follow company

Follow Tapville Franchising on StartEngine

Buy Tapville's Deal Report

Warning: according to the close date for this deal, Tapville may no longer be accepting investments.

Tapville Deal Report

Get Kingscrowd's comprehensive report on Tapville including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Tapville is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Tapville deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge