Offline

Groupon Meets Grubhub

Company Information

Website:

https://letsgetoffline.com

Sector:

Restaurants

Location:

Raleigh, NC

U.S. restaurant sales are forecasted to reach nearly $900 billion this year.

Within this market, consumers want to try new restaurants. But complacency often means they end up eating at the same few spots every time.

Offline is aiming to change this behavior. It’s a monthly subscription service for discovering new restaurants. Simply tell Offline your interests. The platform will match you with restaurants to try each month, and provide coupons as incentive. Think of it as “Groupon meets Grubhub.”

Offline started in the Raleigh-Durham market in North Carolina, and has since expanded to Charlotte. The company has a million-dollar revenue run rate based on 7,000 subscribers. Its app boasts a ninety-five percent retention rate.

With funds raised, Offline aims to expand throughout the southeast U.S.

Team Background

David Shaner - Founder & CEO
Taylor Smith - Head of Product
Anna Erickson - Head of Social Media

Co-Investors

Raising
$2 million
Committed
$1.845 million (92%)
Current Valuation
$10 million
Min. Investment
$100
Deal Type
Title III
(For all investors)
Offering Type
Equity
Finance History
  • $399.028K
    2022-07-01
    Unknown
  • $2.406 million
    2020-12-01
    Unknown
Notable Investors
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