Mellow
Regulation Crowdfunding offering on SeedInvest (SI Securities)
$516,200
of $1.07M goal
48.2% funded
About the offering
Our mission is to bring healthy and convenient eating options to the home. We have created Mellow to work as your sous-chef, one that cooks using a technique called sous-vide and lives on your countertop and in your smartphone. We all have busy lives and when it's time to eat we are often too exhausted to face the kitchen to prepare a meal. Mellow helps you craft chef-worthy meals by cooking ingredients to perfection, ready exactly when you want them. Mellow cooks using a technique called sous vide. This technique is commonly used in high-end restaurants and known for its incredible and consistent results, as well as being one of the healthiest ways to cook. Sous vide assures you that whatever you are cooking is going to be done to perfection, your ingredients will be cooked to your chosen doneness without undercooking or overcooking it. How is that done? It's as easy as dropping a bag with your ingredients in Mellow, grabbing your phone and saying what you want to cook, how you want it cooked, and when you want it ready. Mellow not only allows the users to cook their ingredients but also to set them to cook ahead of time with its cooling capabilities. At the end of 2017 Mellow launched its first-generation product called Mellow and now, with thousands of units in the market, and after all the feedback and support of our community, we are ready to grow and take our product to the next level with Mellow Duo, because what can be better than having a perfectly cooked steak when you get home? It's having a perfectly cooked side dish to go with it! Mellow Duo will be a modular machine. It will come with two water reservoir configurations. Two small tanks that will allow you to cook your main ingredient and side dish simultaneously. And a large one with a bigger capacity so you can cook up to fourteen portions, allowing you to cook for a crowd or simply cook bigger cuts of meat. Our goal is to also grow as a meal delivery company allowing our users to buy packed and seasoned ingredients ready to be dropped inside of Mellow.
FAQ
How much has Mellow raised?
Mellow has raised $516,200 of a $1.07M goal.
Where is Mellow's campaign listed?
The offering is listed on SeedInvest (SI Securities), an SEC-registered Reg CF intermediary.
What are the terms of Mellow's raise?
Crowd Note, $3M cap, 20% discount, 5% interest, 18-month term.
When does Mellow's offering close?
The stated close date is Jul 17, 2020.
