Island Savoy
About this raise
Island Savoy is raising funds on Wefunder. It is a community grocery located at Bay Station in the heart of Alameda, featuring organic produce, locally sourced foods, craft beer and wine, a full-service deli and an espresso bar. Island Savoy is founded by Mike Stevens who has 15 years of experience in the food industry. The campaign proceeds will be used to for building infrastructure, equipment, ADA upgrades and Inventory.
Investment Overview
Invested : $154,985
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 12/16/2021
- Close Date
- 04/05/2022
$50,000
$250,000
$100
Revenue Share
Pre-Seed
RegCF
Company & Team
Company
- Year Founded
- 2021
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- Low
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 04/05/2022 | Wefunder | - | $154,985 | Revenue Share | Funded | RegCF |