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Fanfoodapp revenue hit $2.2 million in 2023

Fanfoodapp generates revenue from 267 customers

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Fanfoodapp

116-West Hubbard Street, Chicago, Illinois, 60654, United States

How Fanfoodapp hit $2.2M revenue and 267 customers in 2023.

Concession mobile ordering , Online and mobile ordering platform

Founded

2016

Founded

Revenue

$2.2M

2022 Revenue

YOY
-----

YOY

Funding

$3.4M

Funding


Fanfoodapp Revenue

In 2022, Fanfoodapp revenue run rate hit $2.2M in revenue.

  • 2020

    Fanfoodapp hit $2.2M in revenue in 2020

  • 2016

    Fanfoodapp launched in 2016 with $0 revenue

$2.2M

Fanfoodapp Funding History

  • 2021 Debt Financing

    Fanfoodapp raised a Debt Financing of $175K

  • 2019 Debt Financing

    Fanfoodapp raised a Debt Financing of $1.1M

  • 2019 Seed Round

    Fanfoodapp raised a Seed Round of $2M

  • 2018 Equity Crowdfunding

    Fanfoodapp raised a Equity Crowdfunding of $122.8K

  • 2017 Grant

    Fanfoodapp raised a Grant of $25K

  • 2016 Grant

    Fanfoodapp raised a Grant of $25K

FUNDING DATEROUNDAMOUNTVALUATION
08/27/2021 Debt Financing $175K
10/08/2019 Debt Financing $1.1M
03/06/2019 Seed Round $2M
01/01/2018 Equity Crowdfunding $122.8K
10/03/2017 Grant $25K
12/01/2016 Grant $25K

Team

Fanfoodapp has 14 total employees They have 267 customers

2020
DISTRIBUTIONQTY
Total team size
14
Engineer
0(0%)
Sales
0(0%)
Marketing
0(0%)

CEO/Founder

Carson Goodale

Carson is the CEO & Co-Founder of FanFood, a nationwide mobile ordering app that allows fans to bypass long concession lines. As a Military Veteran & Entrepreneur, Carson applies his leadership experience to disrupt the sports and live entertainment industry with FanFood as the first online marketplace platform within the United States. Carson has been recognized as one of the top entrepreneurs in the country by Future Founders and serves on Future Leaders Committee for the National Association of Concessionaires. FanFood has been featured in Entrepreneur, Chicago Tribune, SportTechie, and recognized as a 2018 top 50 startup to watch by Builtin Chicago. Carson graduated from the University of Iowa, Tippie College of Business with a B.B.A in Finance and Commissioned Officer into the United States Army from the ROTC program in 2016.- Army Veteran - Started FanFood 6 years while studying at University of Iowa, raised a couple rounds of financing, 35+ team size - FanFood has over 200+ Customers from the Education, Sports and Hospitality industries; including Chicago Cubs, Durham Bulls, University of North Carlina, SLS Brickell Hotel and Dubai Mall... - Featured in Forbes, Entrepruner, Chicago Tribune and recognized as 25 under 25 by ChicagoInno and 2019 Notble Enterpruner List by Crain's Chicago Business

Q&A

What`s your age?

25

Favorite online tool?

Slack

Favorite book?

Zero to One

Favorite CEO?

Elon Musk

Advice for 20 year old self

Trust your people


Customers

Fanfoodapp has 267 customers.

Lifetime Months

-

x

Monthly ARPU

$500

=

Lifetime Dollar

-

Acquisition Cost

$5

Average Annual Price

$6K

$0$6K0 month payback period024681012
$0$6K0 month payback period024681012

Churn

Fanfoodapp has an annual churn rate of 0.00%.

-100-500%50100

Gross Annual Dollar Churn

-0.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

100.00%


$ Funding$ Revenue

Fanfoodapp Board of Directors

NamePositionWorking EmailPersonal Email

Fanfoodapp Executives

NamePositionWorking EmailPersonal Email
Carson Goodale CEOcarson@fanfoodapp.com-

Fanfoodapp Employees

NamePositionWorking EmailPersonal Email
Carson Goodale CEOcarson@fanfoodapp.com-

Frequently Asked Questions about Fanfoodapp

When was Fanfoodapp founded?

Fanfoodapp was founded in 2016.

How much revenue does Fanfoodapp generate?

Fanfoodapp generates $2.2M in revenue.

Who is the CEO of Fanfoodapp?

The CEO of Fanfoodapp is Carson Goodale.

How much funding does Fanfoodapp have?

Fanfoodapp raised $3.4M.

How many employees does Fanfoodapp have?

Fanfoodapp has 14 employees.

Where is Fanfoodapp headquarters?

Fanfoodapp is headquartered in United States


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