TasteDNA
Early Stage
The Cottage by TasteDNA: Local Food for Everybody!
Overview
Raised: $50,150
Total Commitments ($USD)
Platform
Wefunder
Start Date
09/29/2023
Close Date
03/31/2024
Min. Goal
$50,000
Max. Goal
$124,000
Min. Investment
$200
Security Type
SAFE
Series
Pre-Seed
SEC Filing Type
RegCF
Valuation Cap
$3,000,000
Discount
0%
Rolling Commitments ($USD)
Status
Active
Reporting Date
12/03/2023
Days Remaining
119
% of Min. Goal
100%
% of Max. Goal
40%
Likelihood of Max
Avg. Daily Raise
$772
Momentum
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Year Founded
2022
Industry
Food, Beverage, & Restaurants
Tech Sector
EnterpriseTech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
Low
TasteDNA, with a valuation of $3 million, is raising funds on Wefunder. The company has launched a food recommendations app on app stores, and has been well-received by users to discover local delicacies. TasteDNA is also launching The Cottage, a marketplace to connect local food businesses with the local community. The online platform will enable businesses to reach out to their customers and get essential tools for sales, marketing, and growth. Olumuyiwa Familoni founded TasteDNA in November 2022. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $124,000. The campaign proceeds will be used for marketing, platform development, and admin costs.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-5,200 |
$0 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$10,000 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$10,000 |
$0 |
|
Short-Term Debt |
$10,000 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$10,000 |
$0 |
Financials as of: 09/29/2023
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