Blendid on StartEngine 2023 – KingsCrowd

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Blendid on StartEngine 2023 – KingsCrowd


Safety Kind

Fairness – Most well-liked

Pre-Cash Valuation

$88,010,557

Rolling Commitments ($USD)

Reporting Date

01/18/2023

Chance of Max

Momentum

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Location

Sunnyvale, California

Business

Meals, Beverage, & Eating places

Blendid, with a valuation of $88.01 million, is elevating funds on StartEngine. The corporate makes robotic meals automation options powered by synthetic intelligence. The primary product of Blendid is a robotic kiosk that makes wholesome smoothies on demand and primarily based on the style and preferences of shoppers. Blendid already has kiosks deployed at choose Walmart areas and co-branded Jamba areas and plans to increase aggressively. Vipin Jain and Venkateswaran Ayalur based Blendid in 2015. The present crowdfunding marketing campaign has a minimal goal of $9,998.88 and a most goal of $2 million. The marketing campaign proceeds can be used for advertising, analysis and improvement, operations, and dealing capital.

Abstract Revenue and Loss Assertion

Income

$1,014,634

$276,270

COGS

$745,646

$190,339

Tax

$800

$4,050

 

 

Web Revenue

$4,613,801

$3,801,169

Abstract Steadiness Sheet

Money

$3,077,722

$3,745,059

Accounts Receivable

$287,524

$202,366

Complete Belongings

$3,956,231

$5,330,893

Quick-Time period Debt

$1,204,363

$1,201,013

Lengthy-Time period Debt

$505,567

$3,265,092

Complete Liabilities

$1,709,930

$4,466,105

Financials as of: 01/18/2023

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Elevate Historical past

Blendid 06/10/2023 Dalmore Group $78,321,576 $3,895,675 Fairness – Most well-liked
Energetic
RegA+
Blendid 02/28/2023 StartEngine $88,010,557 $0 Fairness – Most well-liked
Energetic
RegCF
Blendid 11/19/2021 StartEngine $56,927,498 $1,414,365 Fairness – Frequent
Funded
RegCF
Blendid 09/24/2021 StartEngine $49,943,429 $2,000,065 Fairness – Frequent
Funded
RegCF
Blendid 02/28/2021 Microventures $50,000,000 $460,051 Convertible Observe
Funded
RegCF / RegD 506(c)

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