MISE

MISE

Culinary footwear

Culinary footwear

Overview

Raised this Round: Raised: $124,000

Total Commitments ($USD)

Platform

SMBX

Start Date

03/15/2023

Close Date

04/13/2023

Min. Goal
$25,000
Max. Goal
$124,000
Min. Investment

$10

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

11.00%

Term Length

3.0 years

Year Founded

2020

Industry

Apparel & Fashion

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Location

Portland, Oregon

Business Type

Growth

MISE is raising funds on SMBX. The company makes stylish kitchen shoes for people in the culinary industry. The shoes of MISE are designed to ensure fit, comfort, and performance and feature removable and washable insoles, water-resistant uppers, and TPU cupsoles to shield against splashes, spills, and sharp objects. MISE has already sold more than 2,500 pairs of shoes and has been featured in several publications. Erik Hernandez founded MISE in May 2020. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $75,000. The campaign proceeds will be used for additional shoe inventory.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$186,622

$21,011

COGS

$150,774

$1,389

Tax

$0

$0

 

 

Net Income

$-205,619

$-34,426

Summary Balance Sheet

FY 2022 FY 2021

Cash

$76,132

$56,286

Accounts Receivable

$0

$0

Total Assets

$219,466

$162,066

Short-Term Debt

$35,851

$13,300

Long-Term Debt

$190,613

$0

Total Liabilities

$226,464

$13,300

Financials as of: 03/15/2023
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MISE on SMBX 2023
Platform: SMBX
Security Type: Debt

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