BEM | books & more

BEM | books & more

Closed: Sep. 2022

About this raise

BEM | books & more is raising funds on MainVest. It is an online bookstore that serves as a home for readers, writers, cooks, and eaters passionate about Black cultures. The business celebrates Black food by bringing works of fiction, nonfiction, and poetry related to food for readers of all ages. BEM | books & more celebrates Black food, literature, and culture all in one place. The business is also planning to open a permanent brick-and-mortar location in Bed-Stuy, Brooklyn. Gabrielle Davenport and Danielle Davenport founded BEM | books & more in October 2019. The current crowdfunding campaign has a minimum target of $15,000 and a maximum target of $50,000. The campaign proceeds will be used to expand operations and prepare to open the permanent location.

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Investment Overview

Invested this round: $26,800

Deal Terms

Total Commitments

Platform
MainVest
Start Date
07/28/2022
Close Date
09/09/2022
Min. Goal
$15,000
Max Goal
$50,000
Min. Investment

$100

Security Type

Revenue Share

Payment Schedule

Quarterly

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

1.30X

Rev. Share %

4.30%

Company & Team

Company

Year Founded
2019
Industry
Consumer Products, Goods & Services
Tech Sector
Retailtech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
Location
Brooklyn, New York
Business Type
Life Style
Company Website
Visit Website

Team

Employees
2
Prior Founder Exits?
No
Founder Name
Gabrielle Davenport
Title
Co Owner & Bookseller
Founder Name
Danielle Davenport
Title
Co Owner & Bookseller

Financials

 Revenue
$0
 Cash on Hand
$0

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
09/09/2022 MainVest - $26,800 Revenue Share Funded RegCF
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Add to portfolio
BEM | books & more on MainVest 2022
Platform: MainVest
Security Type: Revenue Share

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Warning: according to the close date for this deal, BEM | books & more may no longer be accepting investments.

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