Startup launches crowdfunding campaign to break into the market
Baton Rouge – The world’s first fully-automated kitchen, Speedy Eats, hosted a pizza taste test on Friday, May 27 at their headquarters located at the Nexus Louisiana Technology Park within the Bon Carre Business Center.
“We’re excited to introduce our automated ovens to the public,” said Speed Bancroft, Speedy Eats CEO and founder. “This was our first taste testing and we want to know what people think about our pizzas.”
Participants had the opportunity to sample a variety of pizzas and vote for their favorites. “It’s imperative that we understand the taste preferences of potential customers as we prepare to enter the market,” said Bancroft.
Speedy Eats recently launched an equity crowdfunding campaign in partnership with StartEngine and aims to raise $1.07 million over the next year.
“We believe in automated food technology’s huge and untapped potential. Starting with our prototype built in our living room, we’ve spent the last six years developing our Speedy Eats kitchens into the best they can be,” said Bancroft.
Speedy Eats offers full meals 24/7 via walk-up, drive-up, and delivery, offering a unique combination of quality, convenience, and superior customer experience. With its patent-pending food and beverage technology, the units will allow foodservice operators to deliver a seamless and convenient customer experience while increasing cash flow and profitability.
“Our units can be installed in small, high-traffic spaces at theme parks, airports, train and bus stations, and untapped real estate such as empty parking lot spaces and can operate around the clock, connecting us with a much larger customer base,” said Bancroft.
Speedy Eats combines the best of both worlds with a low-maintenance, smart-software model that offers many hot and cold menu options. The automated kitchen can anticipate and prioritize customer demands using advanced technology and smart software while reducing traditional foodservice labor and overhead costs.
“Each unit learns traffic patterns to anticipate when and how much food needs to be ready,” said Sanjay Maharjan, Speedy Eats Chief Mechanical Engineer. “Ultimately, we want our automated kitchen to serve as a conduit that brings convenient, high-quality foods to communities across the country.”
The seed funding will be used to refine, launch, and scale the kitchens to serve communities everywhere. Nearly $150,000 was raised within the first two weeks of the campaign.
To learn about the terms of the offering, review offering documents and execute an investment, visit startengine.com/speedy-fresh.
About Speedy Eats
Speedy Eats is an automated, standalone kitchen that serves high-quality meals for walk-up, drive-thru and delivery.
About Nexus Louisiana
Nexus Louisiana is a Baton Rouge-based 501(c)3 nonprofit that provides high-potential, technology-enabled companies the coaching, capital and connections they need to accelerate their growth.