Taste

Taste

Early Stage

AI Powered & All-In-One Entertainment Platform

AI Powered & All-In-One Entertainment Platform

Overview

Raised to Date: Raised: $153,647

Total Commitments ($USD)

Platform

StartEngine

Start Date

05/31/2023

Close Date

11/02/2023

Min. Goal
$10,000
Max. Goal
$534,998
Min. Investment

$499

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.09

Pre-Money Valuation

$8,253,640

Rolling Commitments ($USD)

Status
Funded
Reporting Date

11/29/2023

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$998

# of Investors

124

Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded

2018

Industry

Consumer Products, Goods & Services

Tech Sector

AdTech

Distribution Model

B2C

Margin

High

Capital Intensity

Low

Location

New York, New York

Business Type

High Growth

Taste, with a valuation of $8.25 million, is raising funds on StartEngine. The company has developed an AI-powered platform that provides reviews and recommendations uniquely tailored for the customers’ specific interests or tastes. The solution works on a humanistic AI and provides an accurate match. Taste has over 800,000 registered users and reported a 228% growth in engagement over the past twelve months. John Lin and Justin Messina founded Taste Labs in January 2018. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $535,000. The campaign proceeds will be used for marketing, research and development, company employment, sales, and operations.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$26,019

$18,601

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-130,377

$-368,159

Summary Balance Sheet

FY 2022 FY 2021

Cash

$12,899

$57,564

Accounts Receivable

$5,952

$42,368

Total Assets

$18,852

$99,932

Short-Term Debt

$928,553

$883,063

Long-Term Debt

$0

$0

Total Liabilities

$928,553

$883,063

Financials as of: 05/31/2023
Create a free account today to gain access to KingsCrowd analytics.

Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Taste 11/01/2023 StartEngine $8,253,640 $153,647 Equity - Common Funded RegCF
Taste 04/13/2021 StartEngine $4,970,000 $396,422 Equity - Common Funded RegCF
Taste 06/16/2019 SeedInvest $3,000,000 $757,170 Convertible Note Funded RegCF / RegD 506(c)
Create a free account today to gain access to KingsCrowd analytics.

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

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.

Employee History

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
Taste on StartEngine 2023
Platform: StartEngine
Security Type: Equity - Common
Valuation: $8,253,640
Price per Share: $1.09

Follow company

Follow Taste on StartEngine 2023

Buy Taste's Deal Report

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

Taste Deal Report

Get KingsCrowd’s comprehensive report on Taste including:

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

Buy the Taste deal report for only $10!

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