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Everytable isn't accepting new investments

Everytable’s deadline was April 2, 2018

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Logo of Everytable

Everytable

Reimagining fast food with fresh, nutritious meals everyone can afford
Restaurant & Bar Services Social Impact B2C Restaurants
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Featured image of Everytable
$291,268
Raised
849
Investors
Successfully funded and closed on April 2, 2018.
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Co-investors
M13
Early-stage consumer technology VC firm
M13 is a venture engine whose founding teams access the necessary capital, expertise and resources to build and scale consumer technology companies. The firm was founded in 2016 and maintains offices in Los Angeles, New York and San Francisco. Portfolio companies include: Pinterest, Lyft, Ring, Daily Harvest, Bird, SpaceX, Snapchat, Bonobos, FabFitFun, Classpass, Capsule, Rothy's.
Lerer Hippeau
VC Firm, New York
Lerer Hippeau is a tier-1 venture capital firm in NYC that invested in category-defining companies like Casper, Venmo, Allbirds, Everlane, Giphy (Acq’d by Facebook), Pandora, Docsend, Everytable and many more.
Lerer Hippeau also invested in:
Companies
Pitch Updates 4 Reviews 451
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Closed on April 2, 2018. Information may not be up-to-date. Campaign closed on April 2, 2018. Information displayed may not be up-to-date.

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by Everytable, PBC. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
Everytable Crowd SAFE
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Hear from some of the 849 investors in Everytable


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Deal highlights

  • Innovative restaurant chain selling fresh, chef-crafted meals at fast-food prices.
  • "Bite-sized" buildout costs (~$200,000 per location), and simple, efficient store-level operations. 
  • 4.5+ Yelp Stars in all locations (as of January 25, 2018). 
  • Covered by 200+ media outlets: Over 2B media impressions!
  • Raised over $10M from investors include Lerer Hippeau Ventures, TOMS Social Enterprise Fund, Acumen America, M13 Capital, Rams Football Company, Dom Capital, Kimbal Musk, and Jon Sokoloff (Board of Whole Foods).

On almost every major street corner in America, fast food joints sell burgers, fries, and chicken nuggets. These multi-billion dollar businesses have become the landscape of America, the food system itself. 

But the world is changing. People are searching for healthier, fresher fare. 

Problem

There has been an explosion in demand for nutritious, fresh, and convenient meals, but only in certain markets and at high price points.

Yet there are companies profitably serving all markets at low prices.

Demand for healthy food is exploding, but the truth is that when salads cost $13 and green juice costs $9, healthy food has become a luxury most people can't afford. 

And there are some communities, called food deserts, that have virtually no access to healthy food at all. 

Solution

Everytable aims to redefine the food landscape the same way McDonald's did fifty years ago. But this time, instead of burgers and fries, we are selling nutritious, fresh food, at fast-food prices. 



Salads & Grain Bowls

Hot Plates


Here's how we are making it happen:

Centralized production results in incredible efficiencies in the kitchen and makes our locations significantly cheaper to build and operate. They only need enough space to store our delicious food and can be run by a couple employees!

We have locations in food deserts and in affluent areas. To ensure that everyone can afford our meals, we price them according to the neighborhoods we serve.

Traction


Quarterly Revenue

Yelp Reviews and Ratings

Press

Covered by 200+ Media Outlets: Over 2B Media Impressions

Investors

What's Next

The above graphic includes forward-looking statements. Actual results may differ from forecast.

Founders and Team


Our Story

In 2013 Sam Polk, a former hedge fund trader, founded a nonprofit called Groceryships to address food-related health problems in South LA, where the average income is $13,000 a year, life expectancy is 10 years lower than more affluent areas, and diseases like obesity and diabetes are alarmingly high. Groceryships began helping family food providers make healthy choices through nutrition education, cooking classes, free produce, and support groups.

In 2014 David Foster, a former private equity professional, was so inspired by a Groceryships event that he decided to join the nonprofit full-time.

That year, Sam and David began hearing from Groceryships participants that while fresh produce was great, they often had to buy food on the go because they were juggling multiple jobs and large families. And in South LA, their only options were fast food.

Sam and David saw an opportunity to help families like these. So they created a model for a new company that would sell nutritious food in “food deserts” like South LA at prices competitive with fast food.

Groceryships was built on the belief that every life is equally important. Sam and David wanted this core value embedded in the new company, so they called it Everytable, reflecting a mission to bring healthy, affordable food to every table in the country, with no one left out. 

Everytable, PBC was formed as a Delaware Public Benefit Corporation, which means that this mission is  legally embedded into the company's legal structure.

Sam Polk, Co-founder & CEO

Sam is Co-founder and CEO of Everytable. He’s also the founder and Executive Director of the non-profit Groceryships. Prior to becoming a social entrepreneur, Sam was a hedge fund trader on Wall Street. After noticing families in low-income areas struggling with access to nutritious food, he started Groceryships, a non- profit working at the intersection of poverty and obesity. Sam’s memoir, For The Love of Money, was published in July 2016 by Scribner. He is a graduate of Columbia University.  

David Foster, Co-founder

David is Co-founder of Everytable. David began his career in private equity and investment banking, most recently as a VP at Aurora Capital Group, an LA-based private equity firm. David has always had a passion for social entrepreneurship, which led him to volunteer for Groceryships and eventually join as the Director of Operations. He attended the University of Michigan and earned a degree from the Ross School of Business.

Anar Joshi, VP of Marketing

Anar is VP of Marketing for Everytable. Anar first gained extensive product marketing skills working with startups to build online consumer experiences. With a strong desire to create a lasting community impact, Anar began volunteering with the team in 2015, and later joined full time. Prior, Anar worked in advertising at BBDO Worldwide in New York and PayPal in the Bay Area. Anar is a graduate of University of California, Berkeley's School of Engineering.

Johnny Yoo, Culinary Director

A native of Los Angeles, Johnny Yoo brings exotic flavors and a deep understanding of the LA dining scene to the Everytable menu as Culinary Director. Chef Yoo’s interest in food began during his time living in Hawaii and experiencing the cuisine--so much so that when he returned to LA, he enrolled in culinary school. He began his career at Koi under Chef Rodelio Aglibot and spent the following 15 years in pursuit of honing his knowledge, skills, and experience in the kitchens of renowned chefs including David Myers (Sona), Brendan Collins (Melisse), Christopher Eme (Ortolan) and Roy Choi (A-Frame).

Join us!

Join us in reshaping the American food system to make nutritious, fresh food accessible and affordable for all.

Together we can make the world a healthier and more equitable place.

Deal terms


Valuation cap

$30,000,000

The maximum valuation at which your investment converts into equity shares or cash.
Learn more

Discount

10%

If a trigger event for Everytable occurs, the discount provision gives investors equity shares (or equal value in cash) at a reduced price.
Learn more.

Minimum investment

$25

The smallest investment amount that Everytable is accepting.
Learn more

Funding goal

$1.07M

The maximum amount the offering can raise is $1.07M.
Learn more

Deadline
Everytable needs to reach their minimum funding goal before the deadline ( ). If they don’t, all investments will be refunded.
Learn more
Type of security

Crowd SAFE

A SAFE allows an investor to make a cash investment in a company, with rights to receive certain company stock at a later date, in connection with a specific event. · Learn more

How it works

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by Everytable, PBC. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
Everytable Crowd SAFE

Bonus perks

In addition to your Crowd SAFE, you'll receive perks for investing in Everytable.
Invest
$25
Receive
  • Website Mention (with your consent)
Invest
$50
Receive
  • Digital Thank You + Website Mention (with your consent)
Invest
$100
Receive
  • Everytable Tote Bag + Digital Thank You + Website Mention (with your consent)
Invest
$250
Receive
  • $20 Gift Card + Everytable Tote Bag + Digital Thank You + Website Mention (with your consent)
Invest
$500
Receive
  • Gift Card for a Week’s Worth of Everytable Meals (10 meals) + Everytable Tote Bag + Digital Thank You + Website Mention (with your consent)
Invest
$2,500
Receive
  • Lunch with Founders + Digital Thank You + Website Mention (with your consent)
Invest
$5,000
Receive
  • Invitation to VIP dinner to Celebrate our Next Store Opening + Digital Thank You + Website Mention (with your consent)
Invest
$25,000
Receive
  • Meet the Team + Meal Prepared by Our Chef for You and the Founders + Digital Thank You + Website Mention (with your consent)
Invest
$50,000
Receive
  • Paid Flight Out to Meet the Team (up to $800) + Meal Prepared by Our Chef for You and the Founders + Digital Thank You + Website Mention (with your consent)

Why others invested

See all reviews (451) See all (451)

I liked the idea/goal, and believe folks need this type of healthy fast food source. Good luck.

Profile picture of Charles Clark
Charles Clark
Investor
about 8 years ago

I have been eating the hearty food from Everytable for over a year now at their flagship (South LA) store. Coincidentally, I bask in their mission and am incredibly grateful to help extend their outreach, especially towards where they envision. It's also a genuine joy to regularly purchase ‘Pay It Forward’ meals every time. Their altruistic stance on consolidating affordability with superlative quality of nutrition is endearing on many fronts.

Profile picture of Sina Saeidi
Sina Saeidi
Active investor
about 8 years ago

I invested because the food we eat today is processed, pre-packaged, and generally not good for us. Everytable will set a precedent on healthy fast-food. I'm excited to be apart of it.

Profile picture of Shaun Hall
Shaun Hall
Active investor
about 8 years ago

About Everytable

Legal Name
Everytable, PBC
Founded
Oct 2015
Form
Delaware Corporation
Employees
60
Website
everytable.com
Social Media
Headquarters
Google Map location of of Everytable
1101 West 23rd Street , Los Angeles, CA
Headquarters
1101 West 23rd Street, Los Angeles, CA, United States 90007

Everytable Team
Everyone helping build Everytable, not limited to employees

Profile picture of Sam Polk
Sam Polk
CEO, Co-Founder
Profile picture of David Foster
David Foster
Co-Founder
Profile picture of Anar Joshi
Anar Joshi
VP of Marketing
Profile picture of Johnny Yoo
Johnny Yoo
Culinary Director
Profile picture of Christine Hasircoglu
Christine Hasircoglu
Director of Front of House Operations
Profile picture of Justin  Koh
Justin Koh
Director of Finance & Analytics
Profile picture of Vanessa Bishop
Vanessa Bishop
District Manager
4 more team members
Sam Polk
CEO, Co-Founder
David Foster
Co-Founder
Anar Joshi
VP of Marketing
Johnny Yoo
Culinary Director
Christine Hasircoglu
Director of Front of House Operations
Justin Koh
Director of Finance & Analytics
Vanessa Bishop
District Manager

Press

Local do-good restaurant enterprise Everytable wins big o...
Eater LA Eater LA
·
Jan 30, 2018

Everytable gets the money Last night's episode of ABC hit business series Shark Tank showcased a local name: Everytable. ...

You Can Enjoy a Healthy Meal at This New L.A. Café for th...
HYPEBAE HYPEBAE
·
Jan 25, 2018

A new café chain in Los Angeles called Everytable is opening its doors soon to serve its neighborhood with affordable hea...

Los Angeles' Everytable helps community access affordable...
Cbsnews Cbsnews
·
Mar 4, 2017

You may have heard of so-called "food deserts," sections of American cities where options for buying healthy food are few...

Everytable's healthy food concept is about to disrupt the...
Well+Good Well+Good
·
Aug 4, 2016

Pretty soon, your mid-day kale salad won't just help you power through an afternoon of meetings-it could also help a fami...

Startup to-go eatery will adjust food prices based on loc...
Fox News Fox News
·
Aug 2, 2016

Can a business be altruistic but still make money? Many have tried-- and failed-- to establish restaurants that do-good b...

The Same Healthy Food, but It's Cheaper Across Town
Nytimes Nytimes
·
Aug 1, 2016

"I think it's similar to Toms, where you buy a pair of shoes knowing that someone else in some needy part of the world is...

The Dude Is Very Excited About This Restaurant's Bold Pri...
UPROXX UPROXX
·
Jul 29, 2016

Food deserts are a real part of life in America's underserved neighborhoods and communities. Where you live can translate...

Everytable opens in South LA to help lower income areas g...
Yahoo Yahoo
·
Jul 28, 2016

Two finance guys opened an affordable restaurant chain offering nutritious food at affordable prices.

At This L.A. Food Chain, Where You Live Decides What You Pay
National Geographic National Geographic
·
Jul 28, 2016

It's the end of a long, stressful workday. There's been no time to plan a meal, and anyway the nearest grocery store is i...

New Restaurant Chain Charges Low-Income Families Less for...
Grub Street Grub Street
·
Jul 28, 2016

Los Angeles is about to boast another possibly game-changing restaurant chain committed to producing fast food that's tas...

This Restaurant Chain Sets Prices on a Sliding Scale
Food & Wine Food & Wine
·
Jul 28, 2016

Everytable, which is opening two locations in L.A. this summer, will vary its menu pricing at each location according to ...

A new socially-conscious concept brings healthy takeout t...
Eater LA Eater LA
·
Jul 27, 2016

There's an intriguing new player in the South LA food scene, as takeaway shop Everytable seeks to change the game by prov...

At This New Cafe In An L.A. Food Desert, Healthy Food Wil...
Fast Company Fast Company
·
Jul 27, 2016

When a new grab-and-go cafe called Everytable opens in a South Los Angeles food desert this week, it will be possible to ...

This L.A. restaurant will charge different prices for the...
latimes.com latimes.com
·
Jul 27, 2016

In a small storefront on Union Avenue and West 23rd Street in South Los Angeles sits Everytable, a new grab-and-go restau...

One Restaurant's Recipe For Social Good: Same Meals, Diff...
NPR.org NPR.org

A restaurant chain that charges twice as much for a meal in one location as it does in another? You would think that's a ...

The Wall Street millionaire bringing healthy food to thos...
PBS NewsHour PBS NewsHour

Sam Polk was making millions on Wall Street when he had a life-changing revelation: he wanted to help those in need. His ...

Affordable Health Food Chains : everytable
TrendHunter.com TrendHunter.com

everytable - 'Everytable,' a restaurant chain, hopes to bridge a gap in the food service industry: currently, food either...

Everytable changes up the pricing for its healthy fast fo...
L.A. Biz L.A. Biz

Most people would probably say they want to eat well - food that's good and good for them and, preferably, at a good pric...

New Healthy Restaurant Chain Plans to Base Prices on Zip ...
TakePart TakePart

When Everytable opens its first outpost in South Los Angeles on Saturday, customers will find something all too often mis...

Show all
Logo of Everytable

Everytable

Everytable successfully raised $291,268 from 849 investors on April 2, 2018
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Mark, John, Anthony, Martin, Larry, and 844 others invested. 451 Reviews
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