Glow Worm Play Cafe

Early Stage

Play Cafe

Analytics

Raised to Date: Raised: $27,100

Aggregate Commitments $

Platform

MainVest

Start Date

06/09/2021

Close Date

08/09/2021

Min. Goal

$20,000

Max. Goal

$75,000

Min. Investment

$100

Security Type

Revenue Share

Funding Type

RegCF

Series

Seed

Rolling Commitments $

Status
Funded
Reporting Date

08/31/2021

Days Remaining
Funded
% of Min. Goal

136%

% of Max. Goal

36%

Likelihood of Max
Funded
Avg. Daily Raise

$444

# of Investors

40

Momentum
Funded
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Location

Louisville, Kentucky

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Business Type

Life Style

Glow Worm Play Cafe, an upcoming play cafe in Louisville, KY, is raising funds on MainVest. The business will combine indoor play, cafe, bakery, retail, and community classes and events. The play cafe will cater to children under the age of six and help them let loose with the caregivers. The cafe, bakery, and community classes will be open not just to parents but to everyone. Katie Read founded Glow Worm Play Cafe in April 2021. The proceeds of the current crowdfunding round, with a minimum goal of $20,000 and a maximum goal of $75,000, will be used for space buildout and operating capital. Glow Worm Play Cafe will offer unique services to women with young children, allowing them to eat and shop with their kids in the play cafe.

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

Financials as of: 06/09/2021
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Glow Worm Play Cafe 10/20/2022 MainVest - $35,500 Revenue Share Not Funded RegCF
Glow Worm Play Cafe 03/25/2022 MainVest - $20,000 Revenue Share Funded RegCF
Glow Worm Play Cafe 08/09/2021 MainVest - $27,100 Revenue Share Funded RegCF
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Glow Worm Play Cafe on MainVest 2021
$
Platform: MainVest
Security Type: Revenue Share
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