Orange By: Devoured
Pizza Place
Overview
Raised: $35,800
Total Commitments ($USD)
Platform
MainVest
Start Date
02/09/2023
Close Date
04/14/2023
Min. Goal
$75,000
Max. Goal
$124,000
Min. Investment
$100
Security Type
Revenue Share
Series
Pre-Seed
SEC Filing Type
RegCF
Return Multiple
1.60X
Rev. Share %
5.30%
Rolling Commitments ($USD)
Status
Active
Reporting Date
03/27/2023
Days Remaining
18
% of Min. Goal
48%
% of Max. Goal
29%
Likelihood of Max
Avg. Daily Raise
$778
# of Investors
79
Momentum
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Year Founded
2021
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
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.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$16,205 |
$0 |
|
COGS |
$8,323 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-661 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$0 |
$0 |
|
Accounts Receivable |
$16,205 |
$0 |
|
Total Assets |
$0 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 02/09/2023
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