Proof Bar + Incubator

Proof Bar + Incubator

Closed: Jun. 2021

About this raise: Proof Bar + Incubator, a food and beverages resources company, is raising funds on MainVest. The company provides e-learning resources and coaching for the growth of food and beverage businesses. The company also offers a variety of training programs for independent business owners. Michael Robinson and Mia Littlejohn founded Proof Bar + Incubator in January 2020. The proceeds of the current crowdfunding campaign, with a minimum goal of $50,000 and a maximum goal of $150,000, will target sales, additional course content production, and a proof learning system platform. Proof Bar + Incubator has multiple revenue streams, including programs and courses, subscription coaching, and on-demand certifications and training.

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Investment Overview

Invested this round: $76,000

Deal Terms

Total Commitments ($USD)

Platform
MainVest
Start Date
03/30/2021
Close Date
06/29/2021
Min. Goal
$50,000
Max. Goal
$150,000
Min. Investment

$100

Security Type

Revenue Share

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

1.60X

Company & Team

Company

Year Founded
2020
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
High
Location
Chattanooga, Tennessee
Business Type
Life Style
Company Website
Visit Website

Team

Employees
16
Prior Founder Exits?
Yes
Founder Name
Michael Robinson
Title
Co-Founder
Founder Name
Mia Littlejohn
Title
Co-Founder

Financials

 Revenue
$0
 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

Close Date Platform Valuation Total Raised Security Type Status Reg Type
06/29/2021 MainVest - $76,000 Revenue Share Funded RegCF
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Proof Bar + Incubator on MainVest
Platform: MainVest
Security Type: Revenue Share

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Warning: according to the close date for this deal, Proof Bar + Incubator may no longer be accepting investments.

Proof Bar + Incubator Deal Report

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