Local do-good restaurant enterprise Everytable wins big on ABC's Shark Tank
Everytable gets the money Last night's episode of ABC hit business series Shark Tank showcased a local name: Everytable. The company carr...
On almost every major street corner in America, fast food joints sell burgers, fries, and chicken nuggets. These multi-billion dollar businesses have become the landscape of America, the food system itself.
But the world is changing. People are searching for healthier, fresher fare.
There has been an explosion in demand for nutritious, fresh, and convenient meals, but only in certain markets and at high price points.
Yet there are companies profitably serving all markets at low prices.
Demand for healthy food is exploding, but the truth is that when salads cost $13 and green juice costs $9, healthy food has become a luxury most people can't afford.
And there are some communities, called food deserts, that have virtually no access to healthy food at all.
Everytable aims to redefine the food landscape the same way McDonald's did fifty years ago. But this time, instead of burgers and fries, we are selling nutritious, fresh food, at fast-food prices.
Centralized production results in incredible efficiencies in the kitchen and makes our locations significantly cheaper to build and operate. They only need enough space to store our delicious food and can be run by a couple employees!
We have locations in food deserts and in affluent areas. To ensure that everyone can afford our meals, we price them according to the neighborhoods we serve.
Yelp Reviews and Ratings
Covered by 200+ Media Outlets: Over 2B Media Impressions
The above graphic includes forward-looking statements. Actual results may differ from forecast.
In 2013 Sam Polk, a former hedge fund trader, founded a nonprofit called Groceryships to address food-related health problems in South LA, where the average income is $13,000 a year, life expectancy is 10 years lower than more affluent areas, and diseases like obesity and diabetes are alarmingly high. Groceryships began helping family food providers make healthy choices through nutrition education, cooking classes, free produce, and support groups.
In 2014 David Foster, a former private equity professional, was so inspired by a Groceryships event that he decided to join the nonprofit full-time.
That year, Sam and David began hearing from Groceryships participants that while fresh produce was great, they often had to buy food on the go because they were juggling multiple jobs and large families. And in South LA, their only options were fast food.
Sam and David saw an opportunity to help families like these. So they created a model for a new company that would sell nutritious food in “food deserts” like South LA at prices competitive with fast food.
Groceryships was built on the belief that every life is equally important. Sam and David wanted this core value embedded in the new company, so they called it Everytable, reflecting a mission to bring healthy, affordable food to every table in the country, with no one left out.
Everytable, PBC was formed as a Delaware Public Benefit Corporation, which means that this mission is legally embedded into the company's legal structure.
Sam Polk, Co-founder & CEO
Sam is Co-founder and CEO of Everytable. He’s also the founder and Executive Director of the non-profit Groceryships. Prior to becoming a social entrepreneur, Sam was a hedge fund trader on Wall Street. After noticing families in low-income areas struggling with access to nutritious food, he started Groceryships, a non- profit working at the intersection of poverty and obesity. Sam’s memoir, For The Love of Money, was published in July 2016 by Scribner. He is a graduate of Columbia University.
David Foster, Co-founder
David is Co-founder of Everytable. David began his career in private equity and investment banking, most recently as a VP at Aurora Capital Group, an LA-based private equity firm. David has always had a passion for social entrepreneurship, which led him to volunteer for Groceryships and eventually join as the Director of Operations. He attended the University of Michigan and earned a degree from the Ross School of Business.
Anar Joshi, VP of Marketing
Anar is VP of Marketing for Everytable. Anar first gained extensive product marketing skills working with startups to build online consumer experiences. With a strong desire to create a lasting community impact, Anar began volunteering with the team in 2015, and later joined full time. Prior, Anar worked in advertising at BBDO Worldwide in New York and PayPal in the Bay Area. Anar is a graduate of University of California, Berkeley's School of Engineering.
Johnny Yoo, Culinary Director
A native of Los Angeles, Johnny Yoo brings exotic flavors and a deep understanding of the LA dining scene to the Everytable menu as Culinary Director. Chef Yoo’s interest in food began during his time living in Hawaii and experiencing the cuisine--so much so that when he returned to LA, he enrolled in culinary school. He began his career at Koi under Chef Rodelio Aglibot and spent the following 15 years in pursuit of honing his knowledge, skills, and experience in the kitchens of renowned chefs including David Myers (Sona), Brendan Collins (Melisse), Christopher Eme (Ortolan) and Roy Choi (A-Frame).
Join us in reshaping the American food system to make nutritious, fresh food accessible and affordable for all.
Together we can make the world a healthier and more equitable place.
The smallest investment amount that Everytable is accepting.
Apr 2, 06:59 AM (UTC)
Everytable needs to reach their minimum funding goal before
the deadline. If they don’t, all investments will be refunded.
The Crowd SAFE is an agreement for future equity in the startup,
meaning that it can convert to equity in the future.
The Crowd SAFE is an agreement for future equity in the startup, meaning that it can convert to equity in the future.
$50,000 – $1,070,000
Everytable needs to raise
before the deadline. The maximum amount Everytable is willing
to raise is $1.07M.
Everytable is reimagining fast food with fresh, nutritious meals everyone can afford. Through our revolutionary model, every meal purchased helps us open locations in underserved communities of LA, where meals are sold at discounted prices.
A food desert is a low-income neighborhood with little or no access to healthy, fresh food. Across America, 23.5 million people live in food deserts (Source). By pricing our meals according to the neighborhoods we serve, we are building a healthier, more equitable food system.
We started by creating an efficient, lean business model that enables us to offer fresh, made-from-scratch food at extraordinarily low prices. We then analyzed the incomes in the neighborhoods where we’re located and set prices designed to ensure our meals are affordable for the local community.
We’re the first to bring a variable pricing model to the industry. We believe healthy food is a human right, and wanted to build a business that made fresh, nutritional food accessible to everyone, in every neighborhood.
No. Rohan continues to be a great supporter of Everytable, but ultimately we did not agree to accept his investment.
Everytable successfully raised $291,268 from 849 investors on April 2, 2018
I believe in the value of providing healthy food to everyone and I support anyone who is willing to dedicate their time to this missionMickey ConnorInvested over 1 year ago
I believe everyone should have access to affordable, healthy foodAndrew SwantonInvested over 1 year ago
In the construction industry, fast food has become a way of life. In our fast paced culture, we have put our health to the side and replaced it with convenience. Having Health & Covenince available for everyone?!? What a great concept! We’re In!Shawn McPetersInvested over 1 year ago
My commitment to underserved areas of good people needing good, healthy food.Karen MostellerInvested over 1 year ago
Great mission! Thank you!Jean FosterInvested over 1 year ago
I believe that bringing fresh healthy food to the masses will help improve society and create a much needed balance to the fast food monopolies.Marty McCuneInvested over 1 year ago
Everytable is exactly the type of offering the community needs! Affordable, accessible, healthy/fresh... every day!Kirk ThompsonInvested over 1 year ago
I believe everyone should have access to healthy affordable food!Vanessa BishopInvested over 1 year ago
I believe that this is the only sensible way for improved health along all the socioeconomic populations. I am a physician and know we have to eat better. I also see the owners as responsible and honest.Jill LathamInvested over 1 year ago
Everytable is building a core part of a sustainable future. The ecosystem that will bring us all the right nutrition at a price point we love; for once good health will be the easy choice.Akinyele DairoInvested over 1 year ago
Eating healthy now can prevent a lot of negative things down the road (feeling tired or depressed, health problems and medical expenses)paul van slembrouckInvested over 1 year ago
I have the same vision. Cutting the legs out from underneath Fast Food Poison Chains. I posted on Facebook that I was investing in y'all. I would LOVE to see y'all come to San Antonio and partner with y'all in some way. Tim Allums 210.380.7475Tim AllumsInvested over 1 year ago
Investors should verify any issuer information they consider important before making an investment.
All securities-related activity is conducted by OpenDeal Portal LLC doing business as Republic, a funding portal which is registered with the US Securities and Exchange Commission (SEC) as a funding portal (Portal) and is a member of the Financial Industry Regulatory Authority (FINRA). Republic is owned by OpenDeal.
Investments in private companies are particularly risky and may result in total loss of invested capital. Past performance of a security or a company does not guarantee future results or returns. Only investors who understand the risks of early stage investment and who meet the Republic's investment criteria may invest.
Republic does not verify information provided by companies on this Portal and makes no assurance as to the completeness or accuracy of any such information. Additional information about companies fundraising on the Portal can be found by searching the EDGAR database.