The Town Kitchen
Early Stage
Feed your team, nourish your community.
Overview
Raised: $59,444
Rolling Commitments ($USD)
Status
Funded
Reporting Date
11/03/2019
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$561
# of Investors
347
Momentum
Funded
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Year Founded
2015
Industry
Food, Beverage, & Restaurants
Tech Sector
Location
Oakland, California
The Town Kitchen, with a valuation cap of $8 million, is raising funds on Republic. The company is taking corporate catering to the next level, along with helping the local communities. The Town Kitchen employs foster and re-entry individuals to create delicious meals and explore their potential, making it a culinary-oriented and an impactful company. The Town Kitchen was founded by Jefferson Sevilla in March 2015 and has raised $1.4 million since its founding. The current round of crowdfunding has a minimum target of $25,000 and a maximum target of $1,070,000, and the funds will be used to expand in the Bay Area. The Town Kitchen already has more than 40% return of gross margins on every order and reported revenue of $1.1 million in 2018, up 82% year-over-year.
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