Speedy Eats (Equity)

Funding Details
Awarder
StartEngine
Date Award
June 13, 2024
Vertical
Automated Food Service and Delivery
Funding URL
View Funding Page
Premoney Valuation
$20,980,000,000,000
Valuation
$20,980,000,000,000
Funding Amount:
$336,282,800,000

Company Info
Founding Year
Not provided in the memo
Traction
Speedy Eats has successfully built and tested a full-scale working prototype, signed LOIs with drone delivery companies, and established commercial partnerships with Doordash and Waitr. They aim to have 100 units sold and operational by mid-2023.
Organizations Involved
None
Founders
Frederic Speed Bancroft, Luis Garcia, Ross Ford
Company Description
Speedy Eats has developed an automated, standalone kitchen to serve high-quality meals for walk-up, drive-thru, and delivery. Their units aim to increase cash flow and profitability for food service operators while providing a seamless and convenient customer experience. The innovative food and beverage tech is designed to be the first fully automated drive-thru kitchen placed in a parking lot, opening up new food service opportunities.
Market
Food Service Industry
Location
Baton Rouge, LA, US
Coinvestors
None

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