Carmelo's

Carmelo's

Closed: Apr. 2019

About this raise

Carmelo’s, an iconic Italian restaurant, is raising crowdfunding on NextSeed. Carmelo’s Cucina Italiana has been in existence for 38 years. After being bought by Benjamin Berg from Carmelo Mauro in December 2017, the restaurant is undergoing a remodel. Carmelo’s is well-known for its delicious pasta and Italian food. The current crowdfunding round has a minimum target of $150,000 and a maximum target of $600,000. It seems to be a good investment as Carmelo’s is famous among the locals and focuses on locally-sourced produce. The new executive chef of Carmelo’s is a veteran of Michelin-starred restaurants in Milan and New York City.

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Investment Overview

Invested this round: $276,100

Deal Terms

Total Commitments

Platform
NextSeed
Start Date
02/15/2019
Close Date
04/30/2019
Min. Goal
$150,000
Max Goal
$600,000
Min. Investment

$100

Security Type

Revenue Share

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

1.40X

Company & Team

Company

Year Founded
2017
Industry
Food, Beverage, & Restaurants
Tech Sector
Location
Houston, Texas
Company Website
Visit Website

Team

Employees
1

Financials

Financials are not currently available for this company. This may occur if the company is still Testing the Waters, is a Regulation D offering, or if the financials are still under review and being confirmed by our team. For Reg CF and Reg A+ raises, please check back later.

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/30/2019 NextSeed - $276,100 Revenue Share Funded RegCF
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Carmelo’s on NextSeed
Platform: NextSeed
Security Type: Revenue Share

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Warning: according to the close date for this deal, Carmelo's may no longer be accepting investments.

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