MunchMoney Inc., a year-old West Islip startup with a payment app for fast-casual restaurants, is one of five companies presenting pitches to potential investors at a Long Island Capital Alliance forum on Friday.
The three-person bootstrapped startup is seeking seed funding, 25-year-old chief executive Chris Kane said.
MunchMoney plans to launch its app for Apple iOS and Android smartphones in early May and is negotiating with partner restaurants, said Kane. Users load funds into the app and get a minimum 10 percent discount plus additional promotions and discounts from their designated restaurants, he said.
Kane said the app is aimed at millennials, college students, recent graduates — and parents, who can ensure their college student is using their allowance for food.
Other companies making presentations are:
- Brimes Energy, a Hauppauge startup whose system harvests energy from ocean waves;
- Food Moves, a Brooklyn-based marketplace connecting farmers and food trucks to suppliers and targeted consumers;
- Idiom, a Huntington company whose software puts school yearbooks in the “cloud,” making them available with devices connected to the internet;
- and Omni-Scient, a Bellmore virtual reality company whose technology is designed to let customers see and feel products from retailers.
Sitting on the investor panel will be:
- Robert Delman, an angel investor and a managing director of Manhattan-based Golden Seeds, which connects investors with women-led ventures;
- Inbar Haham, a managing partner at Manhattan-based Capital A Partners;
- and Alex Katz, a managing partner and investing partner of Manhattan-based ff Venture Capital.
The event will be held at 68 South Service Rd., Melville, with networking from 8 to 8:45 a.m., followed by the program, which runs until 11 a.m.
Admission is $35 for the public, $25 for members of the Long Island Software & Technology Network (LISTnet) and complimentary for investors and LICA members.