Karis Family Daycare

Karis Family Daycare

[Closed for Investment] Karis Family Daycare is raising funds on MainVest. It is a daycare business that operates two play-based childcare facilities in Glendale and Burbank, California. Karis Family Daycare specializes in infant and toddler care and development and uses modern and reliable childcare methods to support communities. The business plans to open a third daycare in Burbank under its umbrella to expand its services and attract more customers. Brenna Karis founded Karis Family Daycare in May 2016. The current crowdfunding campaign has a minimum target of $30,000 and a maximum target of $124,000. The campaign proceeds will be used for a land fee for the new location.

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Investment Overview

Raised this Round: Raised: $34,500

Deal Terms

Total Commitments ($USD)

Platform
MainVest
Start Date
11/21/2023
Close Date
01/19/2024
Min. Goal
$30,000
Max. Goal
$124,000
Min. Investment

$100

Security Type

Revenue Share

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

1.50X

Rev. Share %

1.30%

Company & Team

Company

Year Founded
2016
Industry
Media, Entertainment & Publishing
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
Location
Burbank, California
Business Type
Life Style
Company Website
Visit Website

Team

Employees
7
Prior Founder Exits?
No
Founder Name
Brenna Karis
Title
Owner

Financials

as of Fiscal Year 2022
 Revenue +12% YoY
$413,271
 Monthly Burn
$3,545
 Runway
0 months

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$413,271

$369,234

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-42,541

$-24,361

Summary Balance Sheet

FY 2022 FY 2021

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

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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
05/17/2024 MainVest - $0 Revenue Share Not Funded RegCF
01/19/2024 MainVest - $34,500 Revenue Share Funded RegCF
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Growth Charts

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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Karis Family Daycare on MainVest 2023
Platform: MainVest
Security Type: Revenue Share

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