This company is no longer in business. Investors can get details about any potential exits or failures here.
RedHen Collective Cooperative
Worker-owned wine importer and wholesaler
Overview
Raised: $80,621
Total Commitments ($USD)
Platform
CrowdFund Mainstreet
Start Date
08/23/2018
Close Date
12/31/2018
Min. Goal
$50,000
Max. Goal
$1,070,000
Min. Investment
$100
Security Type
Revenue Share
SEC Filing Type
RegCF
Rolling Commitments ($USD)
Status
Funded
Reporting Date
12/30/2018
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$625
# of Investors
52
Momentum
Funded
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Year Founded
2017
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Location
Oakland, California
RedHen Collective Cooperative is raising funds on CrowdFund Mainstreet. It is a wine importer and wholesaler creating a new wine economy based on transparency and collaboration. The business works on an economic, ecological, and social-impact business model by paying the farmers first and sharing its profits with its employees. RedHen Collective Cooperative buys wine from growers across the US and Europe, engages its innovative logistics and warehousing partners, and offers delectable wines. Molly Madden founded RedHen Collective Cooperative in March 2017. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1.07 million. The campaign proceeds will be used for wine inventory, shipping, warehousing, licensing, logistics partner fees, hiring and training, trade events, salaries, and research.
Summary Profit and Loss Statement
| FY 2017 | FY 2016 | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$0 |
$0 |
Summary Balance Sheet
| FY 2017 | FY 2016 | |
|---|---|---|
|
Cash |
$12,149 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$12,149 |
$0 |
|
Short-Term Debt |
$159,936 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$159,936 |
$0 |
Financials as of: 08/23/2018
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