My Mamas Vegan (2022)

My Mamas Vegan (2022)

Closed: Jul. 2022

About this raise

My Mamas Vegan is raising funds on MainVest. The vegan restaurant started out of the owner’s kitchen and has grown to its own location in Baltimore, MD. The restaurant serves delicious vegan and vegetarian food and also plans to sell its own line of bottled condiments and sauces. My Mamas Vegan is also socially responsible and fed frontline workers, first responders, local students, and families during the pandemic. Debonette Wyatt founded My Mamas Vegan in March 2019. The current crowdfunding campaign has a minimum target of $30,000 and a maximum target of $60,000. The campaign proceeds will be used to expand and purchase a food truck.

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Investment Overview

Invested this round: $47,100

Deal Terms

Total Commitments

Platform
MainVest
Start Date
05/27/2022
Close Date
07/29/2022
Min. Goal
$30,000
Max Goal
$60,000
Min. Investment

$100

Security Type

Revenue Share

Payment Schedule

Quarterly

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

1.60X

Rev. Share %

3.00%

Company & Team

Company

Year Founded
2019
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
Location
Baltimore, Maryland
Business Type
Life Style
Company Website
Visit Website

Team

Employees
8
Prior Founder Exits?
No
Founder Name
Debonette Wyatt
Title
Owner Operator

Financials

 Revenue
$320,842
 Monthly Burn
Profitable
 Cash on Hand
$0

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

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
07/29/2022 MainVest - $47,100 Revenue Share Funded RegCF
03/18/2022 MainVest - $40,000 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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My Mamas Vegan on MainVest 2022
Platform: MainVest
Security Type: Revenue Share

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Follow My Mamas Vegan on MainVest 2022

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Warning: according to the close date for this deal, My Mamas Vegan may no longer be accepting investments.

My Mamas Vegan Deal Report

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