PlatesHub

Meal prep for the NFL

PlatesHub

Meal prep for the NFL

Closing in 11 days
Rancho Santa Margarita, CA
Food & Beverage
Plateshub is a custom curated meal prep company currently serving NFL and professional athletes throughout the united states. We are based out of California with several locations around the country secured & or coming. Plateshub has started retail operations inside of Equinox

$5,396

raised
16
Investors
$13.5M
Valuation
$1.30
Price per Share
$102.70
Min. Investment
Common
Shares Offered
Equity
Offering Type
$1.07M
Offering Max
11
Days Left

$5,396

raised
16
Investors
$13.5M
Valuation
$1.30
Price per Share
$102.70
Min. Investment
Common
Shares Offered
Equity
Offering Type
$1.07M
Offering Max
11
Days Left

Stack Owner's Bonus & Rewards!

Members get an extra 10% shares in addition to rewards below!

Rewards

Get rewarded for investing more into PlatesHub:

$102+
Investment
StartEngine Owner’s Bonus
This offering is eligible for the StartEngine Owner’s 10% Bonus program. For details on this program, please see the Offering Summary section below.
$500+
Investment
$500+ | Palate Cleanser Level
Invest $500+ and receive a Plateshub hat and t-shirt and 20% off all Plateshub meals.
$1,000+
Investment
$1,000+ | Bread and Butter Level
Invest $1,000+ and receive everything in previous perk plus a box of free Plateshub meals.
$2,500+
Investment
$2,500+ | Soup and Salad Level
Invest $2,500+ and receive everything in previous perks plus a call with our in house nutritionist to custom curate your meals and 3% bonus shares
$10,000+
Investment
$10,000+ | Appetizer Level
Invest $10,000+ and receive everything in previous perks plus a month of free Plateshub meals and a call with our founder and 5% bonus shares.
$20,000+
Investment
$20,000+ | Entree Level
Invest $20,000+ and receive everything in previous perks plus an invitation to a private investors event at a LA Chargers game TBD and 10% bonus shares.
$50,000+
Investment
$50,000+ | Hot Fudge Sundae with Cherry on Top Lev
Invest $50,000+ and receive everything in previous perks plus a private chef to come to your home and cook dinner for you and 10 friends and 15% bonus shares.

Reasons to Invest

  • Plateshub is an official partner of the NFL, and securing more professional sports leagues.
  • Fresh food meal kits are a growing industry in the US - in 2021, it was estimated at $6.9 billion, by 2024, the market should exceed $10 billion (Source)

  • Some of our current ambassadors include Chauncy Gardner, David Long Jr, Uchenna Nwosu and Kenneth Murrey. We are set to announce ambassador partnerships with 32 NFL athletes, each with some sort of investment involved in the company. 





OVERVIEW


Fueled by Plateshub


Science has shown that every athlete has specific needs in their diet to achieve optimal performance - and we feel every-day consumers should have this same opportunity.


We’re Plateshub, and we aim to provide the healthiest, most nutritionally balanced organic meals to both professional athletes and consumers alike.


Delivered straight to your door, our ingredients are organically sourced and locally farmed, allowing us to provide seasonal gourmet meals, with optimal flavor, freshness and above all, nutritional value. We have multiple meals to choose from, with the help of a licensed nutritionist to curate an individualized meal plan for every client.


This individualized focus and nutritionist-backed approach has led us to the NFL Athletes and team relationships we have formulated over the last 2 seasons, as an NFL official partner. 


g


THE PROBLEM


Meal kits can be misleading 



There are two major problems we are trying to solve in the meal kit industry:


One Meal Fits All Approach: Every client is different - and so is their diet and training regimen. So why can’t their meals follow suit? We think meal prep companies tend to only offer a la carte meals or a diet / allergen category -  yet nothing is focused on the individual, in our view.


Organic Misnomer : There are many "organic" meal prep companies out there claiming to offer organic farm produce. In reality, it seems only certain meals fit that description.

The Solution


Fuel your body while saving time


We think there are too many companies out there that globalize their menus. We believe you can eat whatever is best for you by customizing your intake. We are looking to make healthy habits possible.



Plateshub curates meals on a per client basis according to each individual's nutritional needs. Our data driven approach allows us to create meal plans using the goals of clients and their nutionists. Plus, our ingredients are locally sourced and organically farmed - as they are near each distribution center we use. Seasonal menus allow for optimal flavor and freshness.


By creating meals for clients, we are enabling them to focus on their career and day to day life. We even have our own master chef creating each healthy recipe, all based on the freshest ingredients and most nutritious combinations. And by shipping only fresh meals, that means more nutritious fuel. 


Here’s more on what we do:


  • For every subscriber, we donate one meal to the homeless each month. 
  • All the meals are ready to heat and eat right when they arrive at your doorstep. The packaging comes prepared to heat so you have one less thing to worry about.
  • Every week our recipes switch up. We tend to many palates by offering a rotating selection of meals, offering something for everyone.
  • Our food is made at our nearby full prepped  kitchens in California and Florida Michigan and NY. So we locally source all ingredients and ensure freshness.
  • Delivered weekly right to your doorstep. Making it easier for you to focus on other things that matter.
  • It’s a balanced and healthy way to make your meal planning easier and stress-free while still tasting delicious.


We have a business model similar to other major meal kit companies, but what makes us unique is our intake process that enables us to custom curate every client's meal.



THE MARKET


Fresh food meal kits are growing strong


Fresh food meal kits are a growing industry in the US - in 2021, it was estimated at $6.9 billion, by 2024, the market should exceed $10 billion (source).


Plateshub currently services athletes from 23 NFL teams as well as several players in other professional leagues. Each chart represents the size of each market we are prepared to scale with our added locations and opening to the retail sector.

g

*Above numbers are internal company estimates of market statistics


We think we stand out in the industry with our per-client custom curation - unlike the cookie cutter formula used by some of our direct competition. Also, we don’t think there is anyone out there like us who caters to athletes, nor has developed the relationships with teams that we have. 

OUR TRACTION


Rising in the ranks


Our NFL meal preparation segment is contributing the highest revenue followed closely by Facility, Kiosk and Retail.


Over the last 6 months alone, we have opened 5 locations in Texas, Atlanta, NY, and St Louis. We have built a push ordering APP for our clients and players alike to have a faster meal ordering experience instead of having to order via computer.  We have signed a lease with Equinox Gyms in California, Washington DC and New York to open on-site cafe’s with our meals readily available. Additionally, kiosks have opened at SRLA and rehab centers locally. 


Plateshub has been licensed by the NFL as a partnership company. Here’s a look at today’s clients, we think you will recognize most:




why invest


Food that matters

Plateshub's vision is to be the most recognized nutrition company for professional sports. We have already been fueling the best athletes in the NFL - continuing on the growth to offer retail to consumers across america. 


In 3-5 years, we would like to see Plateshub inside every stadium for the NFL, NBA, and MLB. We would like to continue our growth and open full scale performance centers focusing on conditioning, training, rehab, and education throughout the country. These locations will be hubs for additional retail operations. Our Cap raise will be used for expansion of Plateshub locations into TX, ATL, ST LOUIS, working capital, kiosks for in stadium ordering during fanfest.


With meal prep ordering at an all time high, we are ahead of the competition with the large recognized foundation we created by forming partnerships with the NFL. We have shown a profit since our company was formed - without having to chase retail clients. Now that we will scale to retail and have a large ambassador following, we see ourselves going far. Invest today, and get in on the game.



Bold (⌘B)

In the Press

LA WIRE

PlatesHub Committed to Bringing Healthy and Tasty Food

Offering Summary


Company

:

Plateshub Inc.

Corporate Address

:

1052 Sable St., Rancho Santa Margarita, CA 92688

Offering Minimum

:

$9,999.60

Offering Maximum

:

$1,069,998.80

Minimum Investment Amount

(per investor)

:

$102.70











Terms


Offering Type

:

Equity

Security Name

:

Common Stock

Minimum Number of Shares Offered

:

7,692

Maximum Number of Shares Offered

:

823,076

Price per Share

:

$1.30

Pre-Money Valuation

:

$13,500,000.00











 *Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below.

Voting Rights of Securities Sold in this Offering

Voting Proxy. Each Subscriber shall appoint the Chief Executive Officer of the Company (the “CEO”), or his or her successor, as the Subscriber’s true and lawful proxy and attorney, with the power to act alone and with full power of substitution, to, consistent with this instrument and on behalf of the Subscriber, (i) vote all Securities, (ii) give and receive notices and communications, (iii) execute any instrument or document that the CEO determines is necessary or appropriate in the exercise of its authority under this instrument, and (iv) take all actions necessary or appropriate in the judgment of the CEO for the accomplishment of the foregoing. The proxy and power granted by the Subscriber pursuant to this Section are coupled with an interest. Such proxy and power will be irrevocable. The proxy and power, so long as the Subscriber is an individual, will survive the death, incompetency and disability of the Subscriber and, so long as the Subscriber is an entity, will survive the merger or reorganization of the Subscriber or any other entity holding the Securities. However, the Proxy will terminate upon the closing of a firm-commitment underwritten public offering pursuant to an effective registration statement under the Securities Act of 1933 covering the offer and sale of Common Stock or the effectiveness of a registration statement under the Securities Exchange Act of 1934 covering the Common Stock.

Company Perks & Incentives

Time-based

Friends and Family Early Birds

Invest within the first 72 hours for 20% bonus shares

Super Early Bird Bonus

Invest within the first week and receive 10% bonus shares

Early Bird Bonus

Invest within the first two weeks and receive and receive 5% bonus shares

Amount-based

$500+ | Palate Cleanser Level

Invest $500+ and receive a Plateshub hat and t-shirt and 20% off all Plateshub meals.

$1,000+ | Bread and Butter Level

Invest $1,000+ and receive everything in previous perk plus a box of free Plateshub meals.

$2,500+ | Soup and Salad Level

Invest $2,500+ and receive everything in previous perks plus a call with our in house nutritionist to custom curate your meals and 3% bonus shares

$10,000+ | Appetizer Level

Invest $10,000+ and receive everything in previous perks plus a month of free Plateshub meals and a call with our founder and 5% bonus shares.

$20,000+ | Entree Level

Invest $20,000+ and receive everything in previous perks plus an invitation to a private investors event at a LA Chargers game TBD and 10% bonus shares. 

$50,000+ | Hot Fudge Sundae with Cherry on Top Level

Invest $50,000+ and receive everything in previous perks plus a private chef to come to your home and cook dinner for you and 10 friends and 15% bonus shares. 

*Stacking perks only applies to the Owner's Bonus perk and Previous Backer perks. Time-based and Amount-based perks do not stack on top of each other, rather, the issuer will receive the greater of the two bonuses if they qualify for both.

*All perks occur when the offering is completed.

The 10% StartEngine Owners' Bonus

Plateshub will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.

This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of Common Stock at $1.50 / share, you will receive 110 shares of Common Stock, meaning you'll own 110 shares for $150. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.

This 10% Bonus is only valid during the investors' eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are canceled or fail.

Investors will receive the highest single bonus they are eligible for among the bonuses based on the amount invested and time of offering elapsed (if any). Eligible investors will also receive the Owner’s Bonus in addition to the aforementioned bonus.

Irregular Use of Proceeds

The Company will not incur any irregular use of proceeds.

Show More
Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$51,929.00 USD
$0.00 USD
Cash And Cash Equivalents
$51,929.00 USD
$0.00 USD
Accounts Receivable
$89,844.00 USD
$0.00 USD
Short Term Debt
$0.00 USD
$0.00 USD
Long Term Debt
$0.00 USD
$0.00 USD
Revenues And Sales
$264,275.00 USD
$0.00 USD
Costs Of Goods Sold
$46,393.00 USD
$0.00 USD
Taxes Paid
$0.00 USD
$0.00 USD
Net Income
$106,813.00 USD
$0.00 USD

Risks

A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.


Updates

Notice of Material Change in Offering

about 1 month ago

[The following is an automated notice from the StartEngine team].

Hello! Recently, a change was made to the PlatesHub offering. Here's an excerpt describing the specifics of the change:


Update to use of proceeds and platform fees.


When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.

Show More Updates End of Updates

Comments ({{profileCtrl.startup.comments_count}} total)

{{profileCtrl.newComment.body.length}}/2500
Please sign in to post a comment.
Please use Updates for communications.
{{ profileCtrl.commentsLoading ? 'Loading...' : 'Show More Comments' }}