Dirt Burger

Dirt Burger

Closed: Jun. 2022

About this raise

Dirt Burger is raising funds on MainVest. The food and drink shop serves 100% plant-based burgers, fries, shakes, and salads by using whole food production and vertical aeroponic farming. The business is vertically integrated with its own supply chain and combines lean manufacturing and indoor urban farming for higher profits. Dirt Burger plans to open its second location at Des Moines, IA, soon. Christopher Place founded Dirt Burger in May 2018. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $250,000. The campaign proceeds will be used for the buildout of the new space and purchasing equipment.

Expand

Investment Overview

Not Funded: $41,200

Deal Terms

Total Commitments

Platform
MainVest
Start Date
03/07/2022
Close Date
06/27/2022
Min. Goal
$50,000
Max Goal
$250,000
Min. Investment

$100

Security Type

Revenue Share

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

1.40X

Company & Team

Company

Year Founded
2018
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
Location
Des Moines, Iowa
Business Type
Life Style
Company Website
Visit Website

Team

Employees
12
Prior Founder Exits?
No
Founder Name
Christopher Place
Title
CEO

Financials

 Revenue +102% YoY
$663,120
 Monthly Burn
$13,277
 Runway
1.2 months
Gross Margin
54%

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$663,120

$328,833

COGS

$307,658

$114,719

Tax

$0

$0

 

 

Net Income

$-159,324

$-110,652

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$16,122

$0

Accounts Receivable

$0

$0

Total Assets

$76,733

$47,349

Short-Term Debt

$99,900

$0

Long-Term Debt

$0

$0

Total Liabilities

$99,900

$0

Create a free account today to gain access to Kingscrowd analytics and financials.

Upgrade to gain access

Pay Monthly
Annually (2 months free)

Edge

$12.50 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific Kingscrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Company Funding & Growth

Funding history

Total Prior Capital Raised
$305,000
Grants
$98,000
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
06/27/2022 MainVest - $41,200 Revenue Share Not Funded RegCF
Create a free account today to gain access to Kingscrowd analytics.
Founders: enhance your startup's credibility on Kingscrowd. Create an account to claim this raise page.
Add to portfolio
Dirt Burger on MainVest 2022
Platform: MainVest
Security Type: Revenue Share

Follow company

Follow Dirt Burger on MainVest 2022

Buy Dirt Burger's Deal Report

Warning: according to the close date for this deal, Dirt Burger may no longer be accepting investments.

Dirt Burger Deal Report

Get Kingscrowd's comprehensive report on Dirt Burger including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Dirt Burger is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Dirt Burger deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge