GELAT’OH
Ice Cream Manufacturing
Overview
Raised: $25,000
Total Commitments ($USD)
Platform
SMBX
Start Date
06/29/2023
Close Date
08/03/2023
Min. Goal
$20,000
Max. Goal
$25,000
Min. Investment
$10
Security Type
Debt
SEC Filing Type
RegCF
Interest Rate
11.00%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
08/30/2023
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$735
Momentum
Funded
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Year Founded
2022
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Location
WASHINGTON, District of Columbia
GELAT’OH is raising funds on MainVest. The business manufactures artisan gelato and sorbet for private events, wholesale, and online customers. GELAT’OH makes healthy and tasty authentic American gelatos with interesting flavor profiles and sells online or through its retail partners across the Northeast US. GELAT’OH’s White Coffee and Blue Majik flavors have also won a bronze award at the 2018 Gelato Festival in DC and Chicago. Sierra Georgia founded GELAT’OH in October 2022. The current crowdfunding campaign has a minimum target of $20,000 and a maximum target of $25,000. The campaign proceeds will be used to purchase equipment to meet the growing demand.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$1,955 |
$0 |
|
COGS |
$778 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$1,177 |
$0 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$1,177 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$1,177 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 06/29/2023
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