Question 1

How will you generate revenues?

Accepted Answer

Hi Marco, thanks for your interest! Revenues from subscriptions are our core. These ensure stickiness, visibility, and margin calibration. The second revenue stream is from the boxes we sell trough gyms. Our product is perfect for people with an active and healthy lifestyle, and current alternatives sold in gyms are significantly poorer. The third revenue stream comes from our retail operations where the production lab is based. By having a store open to public, we are transforming a pure cos...

Question 2

Why it's SQUARE shaped?

Accepted Answer

Hi , Marcelo.. this is one of the most common questions we have. There are 3 purposes: 1) Functional purpose: the standardized squared shape with consistent dimension and weight allows customers to target nutrients in a faster and more intuitive way and easily count their intake in terms of squares. 2) Practical purpose: squares are easy to store and transport. This shape also maximizes modular production efficiency with huge benefits for our margin profile. 3) Philosophical and Aesthetic pur...

Question 3

Are there any options available for vegetarians or vegans?

Accepted Answer

Hi Saritah! Yes, we have an entire subscription dedicated to vegan people, and multiple vegetarian options. We are working on expanding both.

Question 4

What is the best way to prepare the squares?

Accepted Answer

All squares are ready to eat. However, each kind has its own signature preparation method: - Fruit and nuts squares are best eaten directly from the fridge. - Meat and fish are tasty both from the fridge or warmed up. - Vegetable and Carbs are best warmed up. The fastest way to warm them up is 30 seconds in the microwave. You can also use other methods like having them boiled or sauteed in a hot pan or in the oven for about 5 minutes. To have a unique experience, we recommend our chef’s favor...

Question 5

Hi, do you all plan on remaining an LLC for tax purposes, and do you all anticipate becoming profitable any time within the near future?

Accepted Answer

Hi Lucas, thanks a lot for your interest! LLC was the easiest format to get started quickly. We know that at some point we will have to convert (potentially into C-Corp). We have already discussed this with our lawyers. We plan to do it as soon as it will make sense considering tax implications, the pace of our national expansion, and potential future financing rounds with institutional investors. We plan to be profitable 6 months after we start selling given our lab (our main single cost ite...

SquarEat

Revolutionary Foodtech Startup - Delicious, Innovative and Ready-to-Eat!

$262,619

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