Red Rover Creamery
About this raise: Red Rover Creamery is raising funds on MainVest. It is an artisanal creamery in Portsmouth, New Hampshire. Red Rover Creamery offers a variety of seasonal and American-style ice creams, sherbets, baked goods, and ice cream sandwiches. The business uses local ingredients and creates artisanal baked goods and ice creams with a rotating menu, seasonal menus, and holiday menus. Sarah EgriAmsden and Eric Amsden founded Red Rover Creamery in November 2018. The current crowdfunding campaign has a minimum target of $60,000 and a maximum target of $124,000. The campaign proceeds will be used for space buildout and operating capital.
Investment Overview
Invested : $83,000
Deal Terms
Total Commitments ($USD)
- Platform
- MainVest
- Start Date
- 12/21/2023
- Close Date
- 02/23/2024
$60,000
$124,000
$100
Revenue Share
Pre-Seed
RegCF
1.50X
4.60%
Company & Team
Company
- Year Founded
- 2018
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
- Revenue +43% YoY
- $66,320
- Monthly Burn
- $2,391
-
Runway
- 0.6 months
- Gross Margin
- 56%
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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 |
|---|---|---|---|---|---|---|
| 02/23/2024 | MainVest | - | $83,000 | Revenue Share | Funded | RegCF |