Orange By: Devoured
About this raise
Orange By: Devoured is raising funds on MainVest. It is a micro concept by Devoured Pizza that makes specialized hand-tossed pizzas. The pizzas are made using eclectic ingredients and flavors with profiles including black garlic ricotta, jalapeño bacon jam, and butternut squash puree. The business also makes small plates called Snackums, including risotto balls, shrimp in garlic, and more. Jhy Coulter founded Orange By: Devoured in May 2021. The current crowdfunding campaign has a minimum target of $75,000 and a maximum target of $124,000. The campaign proceeds will be used for kitchen equipment, contractors and architects, cooking equipment, and services for its upcoming brick-and-mortar location.
Investment Overview
Invested : $107,900
Deal Terms
Total Commitments
- Platform
- MainVest
- Start Date
- 02/09/2023
- Close Date
- 04/14/2023
$75,000
$124,000
$100
Revenue Share
RegCF
1.60X
5.30%
Company & Team
Company
- Year Founded
- 2021
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
-
Revenue
-
$16,205
as of FY2021
- Monthly Burn
-
$55
as of FY2021
-
Runway
-
0 months
as of FY2021
- Gross Margin
-
49%
as of FY2021
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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 |
|---|---|---|---|---|---|---|
| 04/14/2023 | MainVest | - | $107,900 | Revenue Share | Funded | RegCF |