We use cookies to improve your experience on this site. By viewing our pages, you give us consent to use cookies. Find out more.

Don’t invest unless you’re prepared to lose all the money you invest. NextFin promotes high - risk investments and you are unlikely to be protected if something goes wrong.
Take 2 minutes to learn more.

Status: Funded

Jun 28th 2021 - Jul 28th 2021

Planty delivers chef-prepared, plant-based, frozen meals straight to the doorstep of UK consumers. The company is on a mission to help people choose a smarter diet for the planet. It aims to become a contender in the plant-based food industry that is set to reach $74.2 billion by 2027. Planty further asserts that in the UK alone, 39% of people considered themselves as flexitarian in 2019. The company has sold over 30,000 meals in the first four months of 2021, reached £43,000 of monthly revenue in April 2021, was named the 'Best vegan delivery service in the UK' by Men's Fitness, and built up a 4.8/5 rating on Trustpilot. It has also featured in press entities like Forbes, BBC GoodFood and Cosmopolitan. Planty claims that it has seen a revenue increase of 800% from September 2020 to April 2021. It will use the investment to hire key talents, expand its meal options with innovative dishes, develop new products (desserts and breakfasts), and move to a larger commercial kitchen to sustain demand.

read more read less

Planty Rating Review

Pitch rating powered by CROWDRATING

Rated on 22/07/2021

Pitch Rated

45%

Insufficient Data

Management

76%

Product

59%

Investment

UNRATED*

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

Log in to view amount pledged

    Log in to view target

    £4,440,920
    pre-money valuation

    10.81%
    equity available

    709
    investors

    £759
    pledge per investor

    11934761
    company number

    Liquidation
    company status

    09/04/2019
    incorporated 5 years

    £2.85
    share price

    Previous Funding rounds
    11 Mar 24 Crowdcube £538,195 / 269% 45.00%

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.

Login to view the full report

Management 76%

Skills 82%
The 'Planty' management team comprises skilled professionals whose published LinkedIn profiles include expertise in management, technology, and operations. They have an experienced team in place that consists of a Co-Founder/CEO, Co-Founder/COO, Head Chef, and Chief Marketing Head. The team is led by numerous award-winner Co-Founder/CEO specialises in team building, business strategy, start-up, and entrepreneurship. Their Head Chef is skilled in customer service, food safety, event management, menu development, and culinary skills. Their CMO can build the company's brand awareness through social media, digital marketing, marketing strategies, and advertising. We note that the company has not appointed any finance head at this point of fundraising.

0 comments

Log in to comment


Funding progress

Log in to view funding progress.


More from Catering, Food and Drink

Yolk, also known as In One Basket Limited, is a pioneering company revolutionizing the food and coffee experience for people on the move. They provide high-quality sandwiches, salads, and improved breakfast options without the premium cost, boasting five successful locations in London and three upcoming openings in the second half of 2023
days to go: TBC investment: Withheld

Log in to view amount pledged

    Log in to view target

    £4,440,920
    pre-money valuation

    10.81%
    equity available

    709
    investors

    £759
    pledge per investor

    11934761
    company number

    Liquidation
    company status

    09/04/2019
    incorporated 5 years

    £2.85
    share price

    Previous Funding rounds
    11 Mar 24 Crowdcube £538,195 / 269% 45.00%
  • Internet Business Awards Category Award Winner 2015
  • Hertfordshire Business Awards Finalist 2014

As seen in:

  • The Guardian
  • Financial Times
  • Yahoo! Finance
  • The Times
  • The Daily Telegraph