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Dinner Lab

A social dining experiment giving something different from the traditional restaurant experience.

Categories

Food Processing, Hospitality, Restaurants,

Product Gallery

Reasons for Shutdown

No Market Validation

Idea of doing the meal at midnight was a terrible idea

The idea of offering high-end cuisine at midnight was a terrible idea because people were already drunk by midnight on the weekends.
People were not used to dining at midnight.

Poor Operational Management

A lot of variables that were difficult to manage

To make the product interesting, there were a lot of variables they had to keep up with from sourcing ingredients, staffing, and locations.

No Sustainability

Diminishing in capital made it not sustainable to run the business

Due to diminishing in the capital, the company had difficulties having more events and they tried to shift full-time positions to contract-based model for its events staff to reduce cost.

Direct Competitors and Similar Companies

Note: Direct competitors are defined by similarity score of more than 40%, while similar companies are defined by similarity score of less than 40%

No.	Name	Similarity score	Description	Industry	Categories	Location	Ownership status	Entity type	Stage of development	Transactional model type	Defensibility moats	Last financing round	Total raised	Post-money valuation	Last financing date	No. of funding round(s)	No. of investors	Investors	Total revenue	Market capitalization	No. of investments	No. of acquisitions	No. of board seats taken	Competition	Management	No. of employees	Company reputation	Contact info	Operational status	Operational duration	Shutdown date	Founded date	Legal name	Former legal name(s)	Ticker
1.	New Coke	23.7%	The unofficial name for the reformulation of Coca-Cola introduced in April 1985 by the Coca-Cola Company.	Food & Beverages	Food Distributors, Food Processing, Organisation	United States	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	Inactive	-	-	1985	-	-	-
2.	Mon Hue	20.8%	A restaurant chain.	Food & Beverages	Restaurants, Food Processing	Vietnam	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10-50	-	-	Inactive	-	-	-	-	-	-
3.	Kuvée	16.2%	A direct to consumer wine service featuring a wine bottle that keeps wine fresh for 30 days.	Food & Beverages	Restaurants, D2C, Internet of Things	United States	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10-50	-	-	Inactive	-	-	2014	-	-	-
4.	Dinnr	15.6%	An online platform that delivered ingredients with a recipe to create meals at home.	Food & Beverages	Delivery, Hospitality, E-Commerce	United Kingdom	-	-	-	-	-	Seed	-	-	-	-	-	-	-	-	-	-	-	-	-	1-10	-	-	Inactive	-	-	2012	-	-	-
5.	Kitchit	14.2%	A private chef booking system that let local chefs cook at private households.	Food & Beverages	Customer Services, Housekeeping Service, Restaurants	United States	-	-	-	-	-	Early Stage	-	-	-	-	-	-	-	-	-	-	-	-	-	10-50	-	-	Inactive	-	-	2011	-	-	-
6.	WhupWhup	11.4%	A platform for dining in and creative collaborations.	Food & Beverages	Restaurants, Cafe, Communal Space, Events	Malaysia	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	Inactive	-	-	2015	-	-	-
7.	Dishero	9.2%	A startup that offered digital menu solutions for the restaurant industry.	Food & Beverages	Hospitality, Software, Restaurants	United States	-	-	-	-	-	Early Stage	-	-	-	-	-	-	-	-	-	-	-	-	-	10-50	-	-	Inactive	-	-	2013	-	-	-
8.	Cannery Row Brewing Company	8.2%	A casual restaurant with an extensive draft beer selection.	Food & Beverages	Restaurants	United States	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	Inactive	-	-	2009	-	-	-
9.	Belimbing Superstar	7.3%	The Peranakan-style economic rice eatery.	Food & Beverages	Restaurants	Singapore	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	Inactive	-	-	2019	-	-	-
10.	Eatlo	6.7%	Tasty awesome food designed and prepared by Pro-Chefs.	Food & Beverages	Foodtech, Delivery, Restaurants	India	-	-	-	-	-	Seed	-	-	-	-	-	-	-	-	-	-	-	-	-	100-250	-	-	Inactive	-	-	2014	-	-	-
11.	Orbitz	4.0%	A non-carbonated fruit-flavored beverage product made by The Clearly Food & Beverage Company of Canada.	Food & Beverages	Food Distributors, Manufacturing, Food Processing	Canada	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	Active	-	-	1997	-	-	-

Investors

No.	Name	Investor type	Description	Location	Preferred investment stage(s)	Stages invested in	Assets under management (AUM)	Investment range	Investment sweet spot	Preferred investment focus	Preferred investment geography	No. of investments	No. of lead investments	No. of follow-on investments	No. of co-investments	Portfolio companies	No. of exits	Total exit value	No. of failed investments	Loss on investments	No. of acquisitions	No. of board seats taken	No. of funds	Limited partners	Co-investors	No. of partners	Partners	No. of employees	Management	Board members	Founders	Investor reputation	Contact info	Entity type	Legal name	Former legal name(s)	Founded date	Ticker
1.	John Elstrott	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
2.	Roser Ventures	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
3.	Thomas Adamek	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Leadership

No.	Name	Previous designation	Previous company	Previous biography	Previous profile type	Previous location	Experience	Education	Reputation	Current company	Current designation	Current biography	Current profile type	Current location	No. of investments	No. of exits	Total exit value	No. of board seats taken	Contact info
1.	Jorge Barrett	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
2.	Zachary Kupperman	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
3.	Ravi Prakash	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
4.	Francisco Robert	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
5.	Bryson Aust	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
6.	Brian Bordainick	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
7.	John Elstrott	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
8.	Christopher Roser	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
9.	Thomas Adamek	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Funding

No.	Financing date	Financing round	Total amount raised	Post-money valuation	Financial viability	Fundraising target amount	Remaining target amount	Financing type	No. of investors	Board seats	Lead investors	Entity type	Financing status
1.	6 Aug 2015	Series A	USD 7M	-	-			-	2	-	-	-	Completed
2.	13 Jul 2015	Private Equity Round	USD 3.70M	-	-	USD 5.30M	USD 1.60M	Equity,	17	11	-	-	Completed
3.	24 Nov 2014	Private Equity Round		-	-	USD 2M	USD 2M	Equity,	-	9	-	-	Completed
4.	3 Sep 2014	Private Equity Round	USD 1M	-	-	USD 1M		Equity,	31	9	-	-	Completed
5.	12 May 2014	Seed Round	USD 2.13M	-	-	USD 2.13M		Equity,	34	9	-	-	Completed