Karis Family Daycare

Karis Family Daycare

Daycare

Daycare

Overview

Raised to Date: Raised: $34,500

Total Commitments ($USD)

Platform

MainVest

Start Date

11/20/2023

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%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

01/30/2024

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$585

# of Investors

48

Momentum
Funded
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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

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.

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

Financials as of: 11/20/2023
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Karis Family Daycare 05/09/2024 MainVest - $8,700 Revenue Share Active RegCF
Karis Family Daycare 01/18/2024 MainVest - $34,500 Revenue Share Funded RegCF
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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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