About this raise: Artisanal & Hemstroughts is raising funds on MainVest. It is a bakery and cheese aging company in Utica, NY, with five cheese-aging caves in New York City. The premium cheese business of Artisanal & Hemstroughts has earned a national reputation for its finest cheeses, and the bakery business will soon be revamped with a Cookie & Milk Bar. Artisanal & Hemstroughts has a national customer base online already and plans to expand further. Daniel Dowe and Terrance Brennan founded Artisanal & Hemstroughts in April 2015. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $250,000. The campaign proceeds will be used to complete renovations on its local bakery and add a cheese aging cave to the building.
Investment Overview
Invested : $238,000
Deal Terms
Total Commitments ($USD)
- Platform
- MainVest
- Start Date
- 03/28/2022
- Close Date
- 06/17/2022
$100,000
$250,000
$100
Equity - Common
Pre-Seed
RegCF
$500.00
$12,000,000
Company & Team
Company
- Year Founded
- 2015
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
- Revenue +35% YoY
- $896,262
- Monthly Burn
- Profitable
- Cash on Hand
- $63,988
- Gross Margin
- 32%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
Growth Charts
Revenue History
Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.