Operating Startup Needs Investment To Expand

New York, NY
Amount Sought: $250,000
Funding Wanted Details
Listed on Jul 4, 2023

At business, we're building a large B2B distribution network for our food technology allowing businesses to sell restaurant quality hot meals without chef and kitchen.
Investment Opportunity:
- Chance to invest early in a startup with a $300B+ hot meals market size with our primary clients: gas stations, hotels/motels, truck stops, rapid grocery delivery companies, office buildings, bodegas and more.
- Patented technology for preparing, deep gentle freezing and smart defrosting ovens to keep the meals in a “chef-prepared” condition for up to 12 months (no food waste)
- Small-scale operations have already begun with 10+ repeat customers. Current MRR is $3,000 with $400 CAC and 8+ week LTV (forecast is 2 years)
Value Add:
- Two-hour, one-time setup at sell point, zero investment for the sell point owners
- 7 min meal preparation of chef-quality meals with a smart oven without any buttons
- $75,000 projected added annual revenue per KNM customer’s location
We're raising $250,000 to achieve a $55K MRR in 6 month and anticipate a huge opportunity for scaling after that.

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Financials (USD)

Amount Sought $250,000

Type Sought Equity

Use of Proceeds Working Capital

Deal Terms

Listed By Owner

Offering Memorandum Or Prospectus Available? Yes

Willing To Pay Finders Fee? No

Willing to Co-Broker? No

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