Mo Pie
About this raise
Mo Pie is raising funds on MainVest. It is a bakery in Leawood, Kansas, that makes delicious pies. Mo Pie offerings include traditional flavors like apple and pumpkin and unique new flavors like white chocolate strawberry cream and Red berry rhubarb. The business sells its pies through retail grocery stores and farmers’ markets and plans to open a brick-and-mortar location soon. Curt Lafferty founded Mo Pie in May 2007. The current crowdfunding campaign has a minimum target of $123,000 and a maximum target of $124,000. The campaign proceeds will be used for operating capital, equipment purchases, and tenant improvements.
Investment Overview
Not Funded: $27,400
Deal Terms
Total Commitments
- Platform
- MainVest
- Start Date
- 01/11/2024
- Close Date
- 04/30/2024
$75,000
$124,000
$100
Revenue Share
Quarterly
RegCF
1.50X
1.60%
Company & Team
Company
- Year Founded
- 2007
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Medium
- Capital Intensity
- Low
Financials
- Revenue +15% YoY
-
$606,688
as of FY2022
- Monthly Burn
-
$1,501
as of FY2022
-
Runway
-
21.5 months
as of FY2022
- Gross Margin
-
56%
as of FY2022
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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 |
|---|---|---|---|---|---|---|
| 04/30/2024 | MainVest | - | $27,400 | Revenue Share | Not Funded | RegCF |