About this raise
Red’s House is raising funds on MainVest. The restaurant offers a Caribbean experience in San Francisco, California. It creates dishes through experimentation and displays creativity and depth to push the boundaries of Caribbean food. The modern Caribbean eatery has turned from popups into a full-fledged business model. Christopher Russell and Sharon Russell founded Red’s House in September 2019. The current crowdfunding campaign has a minimum target of $15,000 and a maximum target of $200,000. The campaign proceeds will be used to renovate the space, purchase equipment, and hire staff.
Investment Overview
Invested : $16,200
Deal Terms
Total Commitments
- Platform
- MainVest
- Start Date
- 06/09/2022
- Close Date
- 08/19/2022
$15,000
$200,000
$100
Revenue Share
Quarterly
RegCF
1.58X
1.45%
Company & Team
Company
- Year Founded
- 2019
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- High
Upgrade to gain access
-
$12.50 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
Kingscrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $27,600
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 08/19/2022 | MainVest | - | $16,200 | Revenue Share | Funded | RegCF |
| 05/06/2022 | MainVest | - | $27,600 | Revenue Share | Not Funded | RegCF |