↩ Go Back
Need help?

Mobile App Investment Opportunity in Tel Aviv-Yafo, Israel

Digital recipe management application that helps organize, save and share accumulated recipes of users.
This transaction has concluded.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Other
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Mobile Apps
Locations  Tel Aviv-Yafo
Local Time 5:07 AM Asia / Jerusalem
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 250 thousand for 35.0% stake (Native Currency: USD 250,000)
Reason: To fund marketing and sales. Also to launch a subscription service to generate revenue.
Business Overview

- We have developed a mobile application which allows users to organise, save and share recipes and culinary information.

- The app allows a user to take screenshots, scan recipes from cookbooks or magazines and save links to food sites.

- In the future we plan to add a translation engine, specializing in culinary translation allowing access to international recipes.

- Currently have over 15,000 users with more than 30% being active.

- Our platform is available in more than 80 countries, with over 30,000 uploaded recipes to date.

- Our mobile application has more than 5,000 downloads on the Google Play Store with an average rating of 4.5.

- We have an experienced team of professionals and have been interviewed by a major Israeli website.

- Looking for funds in order to expand our sales and marketing as well as to launch a new subscription model to generate revenue and we would be open to moving our operations to the UK for the same.

Products & Services Overview

Mobile platform allowing users to organise, save and share their recipes and culinary information.

Facilities Overview

Working from home.

Capitalization Overview
Not Disclosed
Recent Activity
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
This transaction has concluded. View similar business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.

Frequently
Asked
Questions

  • Why can’t I see the business’ name or contact number? How do I contact the business?
  • What level of due diligence does SMERGERS conduct on the businesses/member?
  • How active are the business profiles listed on SMERGERS?
  • How does SMERGERS rate business profiles?
  • Do I need to pay to connect with a business?
  • Show more