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Status: Active

Mar 1st 2021 - Apr 1st 2021

Cook My Grub (CMG) is an online food delivery marketplace that offers fresh and authentic home-cooked food using Artificial Intelligence (AI) and Machine Learning (ML). CMG allows customers to choose their food from options such as vegetarianism, veganism, halal, and gluten-free. Customers can use CMG's app to order food on the same day or pre-order several days or even weeks in advance. CMG points out that it sets up 'Virtual Restaurants' for home-chefs giving them the flexibility to decide when, what, and how much they aim to cook. It aims to be a contender in the £10+ billion UK restaurant delivery market. CMG argues that it has served 1300+ meals across Maidenhead, Windsor, and Slough. It has planned future expansion across London, Reading, Swindon, and Home Counties. The company has featured in publications like BBC Berkshire Radio, Public Sector Catering, Business Cloud, and TechFound. It will use the investment to increase marketing, scale-up operations, and grow its technology teams.

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Cook My Grub Rating Review

Rated on 12/04/2021

Pitch Rated

42%

Insufficient Data

Management

64%

Product

62%

Investment

UNRATED*

* Section unrated owing to insufficient or incomplete information available at the time of rating.

Pitch rating powered by CROWDRATING

  • £685,544
    pledged
  • 228%
    of goal

    £300,000
    target

    £2,999,460
    pre-money valuation

    9.09%
    equity available

    426
    investors

    £1,609
    pledge per investor

    12385105
    company number

    Active
    company status

    03/01/2020
    incorporated 1 years

    £2.67
    share price

    Previous Funding rounds
    01 Mar 21 Crowdcube £685,544 / 229% 42.00%

What the ratings mean

  • 49% and under
    We suggest potential investors carry out further study of their own
    50-64%
    Room for improvement
    65-79%
    Worth considering
    80%+
    Gold rating, our highest rating

RISK WARNING - The ratings are based on the information provided in the fund raiser’s pitch deck, business plans and financial forecasts which have appeared on a FCA regulated crowdfunding site. Where possible we validate the business plan to public sources such as LinkedIn, Companies House, Credit Agencies and internet searches. We cannot guarantee the information is correct. The ratings report takes no account of the investors/ individual circumstances. Do your own due diligence and get professional advice before investing. Your capital is at risk when investing in private companies.

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Management 64%

Skills 55%
The management team includes skilled professionals with expertise in their functional areas, streamlining its overall operations. Their 1st Co-Founder is skilled in integration, multithreading, agile methodologies, project management, and wireless technologies. Their 2nd Co-Founder is specialised in business strategy, computer network operations, financial modelling, performance management, network design, and financial analysis. Their Chef Director is proficient in organising, customer service, baking, and advertising. Their company has not appointed any Marketing Head and the responsibility for the same lies with the 1st Co-Founder. Also, their 2nd Co-founder is taking responsibility as the Finance Head in the company. Both of the Co-Founder have limited leadership expertise and are new to this stage and sector.

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Funding progress



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  • £685,544
    pledged
  • 228%
    of goal

    £300,000
    target

    £2,999,460
    pre-money valuation

    9.09%
    equity available

    426
    investors

    £1,609
    pledge per investor

    12385105
    company number

    Active
    company status

    03/01/2020
    incorporated 1 years

    £2.67
    share price

    Previous Funding rounds
    01 Mar 21 Crowdcube £685,544 / 229% 42.00%
  • Internet Business Awards Category Award Winner 2015
  • Hertfordshire Business Awards Finalist 2014

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