Provision
About this raise
Provision is raising funds on MainVest. It is a coffee and cocktail bar, coffee roaster, and eatery based in Phoenix, Arizona. The business sources, roasts, and hand packs its coffee and has both retail and wholesale operations. Provision believes in bringing the community together through good quality coffee, food, and drinks. Daniel Suh and Lawrence Jarvey founded Provision in February 2015. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $250,000. The campaign proceeds will be used to open a new location and purchase the furniture, fixtures, and equipment for the new location.
Investment Overview
Invested $73,900 :
Deal Terms
Company & Team
Company
- Year Founded
- 2015
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Low
- Capital Intensity
- High
Financials
- Revenue -83.1% YoY
- $9,823
- Monthly Burn
- Profitable
- Cash on Hand
- $0
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Company Funding & Growth
Funding history
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
11/12/2021 | MainVest | - | $73,900 | Revenue Share | Funded | RegCF |