True Foodies

Online Platform For Culinary Enthusiasts

Company Information

Website:

https://www.truefoodies.com/

Sector:

Mobile Software & Services

Location:

Paris, France

True Foodies is an award-winning online platform with video cooking lessons, recipes, and restaurant recommendations — everything for the “true foodie” in one place.

The company is targeting the $190 billion online learning market. Similar platforms like MasterClass, Coursera, and Udacity each bring in estimated annual revenues of $100 million, and are valued at around $1 billion.

True Foodies focuses on the culinary industry, offering video cooking classes taught by Michelin-starred chefs and professors from top culinary schools. Subscribers can also “chat” with chefs and receive feedback on their cooking skills, and prepare meals alongside chefs during live cooking events.

Furthermore, True Foodies enables restaurants to quickly fill last-minute cancellations by sending customized promotions to members located nearby.

True Foodies launched a beta version of its app in 2017. Since then, its app has been downloaded more than 100,000 times and offers recipes from more than 400 top chefs.

Team Background

Tadeusz Kolodziejczyk - President
Joanne Carter - Chief Marketing Officer
Todd Masilko - Founding Partner
Raising
$1 million
Committed
$91K (9%)
Current Valuation
$5 million Cap / 0% Discount
Min. Investment
$1,000
Deal Type
Title III
(For all investors)
Offering Type
Convertible Debt
Finance History
  • $290K
    2018-03-31
    Unknown
    (Convertible Note)
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