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Crowd Cooks 1A

Equity Belgium 53 investors Tax Shelter applicable

Tax Shelter

The first ready-to-eat foodbox
Information Note Terms & Conditions
€1,250,000
Pre money valuation
19.4%
Equity offered
€36,800
Amount raised
€50,000
Committed by co-investors
11 days
Remaining
€50,000
Minimum target
74% funded

DISCLAIMER

Every investment decision must be based on an examination of an exhaustive set of information provided by the entrepreneur on his online profile. Spreds only proceeds to a limited verification of this information and does not control the investment opportunity within this company. Spreds did not verify the extent to which the business plan is deemed realistic and does not intervene with the final Information Note, including the retained maximum valuation. Spreds will align itself with the financial terms negotiated with the co-investor(s).

Please note that the available budget for Startup Tax Shelter investments is € 231,000.

THE CHALLENGE: TIME AND ENERGY

Combining professional and personal life is a constant race against time. After a busy day at work, making a healthy, quality family meal can be a real hassle. Put very simply you have:

  • No idea what to cook
  • Nothing left in the fridge
  • No time to shop
  • No energy to cook


SOLUTION: THE FIRST READY TO EAT FOODBOX

Convenient quality is Crowd Cooks' mantra. Their ready-made food box gives you that weekday flexibility with professionally home cooked meals. This is healthy eating made easy and accessible in the Brussels region. Crowd Cooks gives you the following customer benefits:

  • Two deliciously healthy, family meals
  • Delivered to you every Sunday evening or Monday at the office
  • Can be kept in your fridge until Friday evening, or frozen (meals are sealed in vacuum bags)
  • Can be reheated at any time during the week
  • Made from fresh local and seasonal ingredients, without additives and no preservatives
  • Affordable price (9,5€ per portion on average)

On average, Crowd Cooks is going to save their customers about 1 hour a day! No need to shop and cook or spend ages cleaning up the kitchen. The healthy meals have already been prepared and are on your table in no time. The only thing people need to decide is how they’ll spend that extra hour. Spend time with their family, go for a run, read, relax or do whatever it is they want to do.

Easy, Tasty, Healthy and Affordable, the Crowd Cooks meals will change the way we see our weekly planning

Talina, co-founder

WHAT HAVE THEY ACHIEVED SO FAR?

The cooked our first try-out meals in November 2017, launched our new products in May 2018, and officially moved to Brussels in February 2019 (Brussels). 200 Families have tried Crowd Cooks meals since they launched. 100 of them have ordered at least 2 times. 47 are weekly subscribers. All in all 5,000 portions have been sold since the launch!

RESEARCH & DEVELOPMENT

Food Director, Talina (left), works with a specialized team to develop recipes. Every meal has to be tasty, family friendly, healthy & prepared with seasonal ingredients. They have 30 unique recipes to this day.

Thanks to the innovative vacuum cooking technique, Crowd Cooks meals can be stored in the fridge for 5 days and/or frozen. Vacuum cooking is a novel method of cooking in vacuum bags — at controlled temperatures. This cooking technique is ideal: In addition to being practical and hygienic it provides longer shelf life (because of the long cooking at low temperature) but most importantly also maintains the best texture for the ingredients. It also enhances the taste and allows for creative seasoning because of the absence of extreme heat. The result tastes fantastic.

PRODUCTION & DELIVERY

They have established a key partnership with Great Traiteur, one of the best professional caterers in Belgium. Great Traiteur produce the meals based on the recipes and the innovative vacuum cooking process of Crowd Cooks. They produce 350 portions per week and can accommodate the growth strategy going forward by increasing production when necessary.

Crowd Cooks have established a logistics partnership with Shippr, one of the leading delivery companies in Brussels. With a fleet of more than 100 they are always delivering with a smile. Deliveries are done on Sunday evening & Monday at lunch time. Crowd Cooks had a 4,9 star rating (out of 5) for the customer feedback on delivery.

CUSTOMER FEEDBACK

The feedback has been very encouraging. According to the weekly survey, the food quality gets 4,3 stars out of 5 on average, and 4,9 stars on the delivery.

As one of the customers said: “Finding this in the fridge when home from work at 7.30pm on a Monday evening is ultimate luxury!”

Nicolette

Intellectual Property

The trademark "Crowd Cooks" has been registered and protected in the following countries : Belgium, Netherlands, Luxembourg

TAX SHELTER 45%

This business qualifies for the startup tax shelter. If you meet the conditions, 45% of your investment will be reducted from your personal income taxes. Read more…