Do Well Do Good Corp.
About this raise
Do Well Do Good, a shared-use kitchen and food hall, is raising crowdfunding on Wefunder. The business provides physical space for apprenticeship and entrepreneurial programs run by local partners. The concept helps bring down the entry barriers for culinary entrepreneurs, including startup capital and business awareness. Rachel Shapiro founded Do Well Do Good in November 2020. The proceeds of the current crowdfunding round, with a minimum target of $109,375 and a maximum target of $193,500, will be used for cash flow shortfall in the first seven months and shortfall in buildout, equipment, and furniture. Do Well Do Good has a projected profit margin of 29% for the first year and 41% for the second and third years.
Investment Overview
Not Funded: $0
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 12/17/2020
- Close Date
- 04/01/2021
$109,375
$193,500
$100
Revenue Share
RegCF
1.50X
Company & Team
Company
- Year Founded
- 2020
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2B
- Margin
- Low
- Capital Intensity
- High
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 04/01/2021 | Wefunder | - | $0 | Revenue Share | Not Funded | RegCF |