Truffle Shuffle

Truffle Shuffle

Growth Stage

Cooking Classes + Top Chefs + Ingredients Delivered

Cooking Classes + Top Chefs + Ingredients Delivered

Overview

Raised this Round: Raised: $485,993

Total Commitments ($USD)

Platform

StartEngine

Start Date

05/11/2023

Close Date

08/11/2023

Min. Goal
$14,998
Max. Goal
$1,234,998
Min. Investment

$198

Security Type

Equity - Common

Series

Series A

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$2.47

Pre-Money Valuation

$35,040,690

Year Founded

2021

Industry

Education, Training, & Coaching

Tech Sector

EdTech

Distribution Model

B2B/B2C

Margin

High

Capital Intensity

Low

Location

OAKLAND, California

Business Type

Growth

Truffle Shuffle, with a valuation of $35.04 million, is raising funds on StartEngine. The company provides monthly memberships for home cooks to get access to live and on-demand cooking classes. The classes are taught by Michelin-star and next-level chefs, along with access to the entire culinary content library with hundreds of recipes and protege series courses. Truffle Shuffle has grown its business by 1,400% from 2019 to 2021 and has earned a total of $13.3 million in cooking class sales, $7.8 million in partnerships, and $4.5 million in D2C transactions. Jason Alexander McKinney and Tyler T Vorce founded Truffle Shuffle in January 2021. The current crowdfunding campaign has a minimum target of $15,000 and a maximum target of $1.23 million. The campaign proceeds will be used for marketing, company employment, operations, and inventory.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$3,230,471

$6,065,275

COGS

$928,899

$2,197,420

Tax

$0

$0

 

 

Net Income

$-2,561,229

$-2,181,600

Summary Balance Sheet

FY 2022 FY 2021

Cash

$277,765

$463,103

Accounts Receivable

$147,575

$0

Total Assets

$2,972,508

$1,076,796

Short-Term Debt

$2,056,877

$2,017,852

Long-Term Debt

$4,254,167

$295,000

Total Liabilities

$6,311,044

$2,312,852

Financials as of: 05/11/2023
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$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
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.
Add to portfolio
Truffle Shuffle on StartEngine 2023
Platform: StartEngine
Security Type: Equity - Common
Valuation: $35,040,690
Price per Share: $2.47

Follow company

Follow Truffle Shuffle on StartEngine 2023

Buy Truffle Shuffle's Deal Report

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

Truffle Shuffle Deal Report

Get KingsCrowd’s comprehensive report on Truffle Shuffle including:

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

Buy the Truffle Shuffle deal report for only $10!

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