Artisanal & Hemstroughts
[Closed for Investment] 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. Artisanal & Hemstroughts’ premium cheese business 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 $30,000 and a maximum target of $124,000. The campaign proceeds will be used for the buildout of the retail location.
Investment Overview
Raised: $68,500
Deal Terms
Company & Team
Company
- Year Founded
- 2015
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
- Revenue +37% 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
- $475,000
- 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.