Teak New York

Teak New York

Closed: Jan. 2023

About this raise

Teak New York is raising funds on MainVest. It is a home store in New York that sells imported Scandinavian home decor, furniture, lighting, and accessories. The company partners with artisan brands and small businesses to bring their products to the market. The products at Teak New York are designed and produced in Denmark, Sweden, Norway, Iceland, and Finland and give US customers access to Nordic styles and quality. Caitlin Maestrini founded Teak New York in November 2021. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $75,000. The campaign proceeds will be used for holiday popup buildout, purchasing additional inventory, and future retail location costs.

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Investment Overview

Not Funded: $0

Deal Terms

Total Commitments

Platform
MainVest
Start Date
11/23/2022
Close Date
01/27/2023
Min. Goal
$25,000
Max Goal
$75,000
Min. Investment

$100

Security Type

Revenue Share

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

1.50X

Rev. Share %

2.65%

Company & Team

Company

Year Founded
2021
Industry
Consumer Products, Goods & Services
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
Location
New York, New York
Business Type
Life Style
Company Website
Visit Website

Team

Employees
2
Prior Founder Exits?
No
Founder Name
Caitlin Maestrini-Sowers
Title
Owner

Funding data not publicly available

Financials

 Revenue
$49,400
 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

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
01/27/2023 MainVest - $0 Revenue Share Not Funded RegCF
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Add to portfolio
Teak New York on MainVest 2022
Platform: MainVest
Security Type: Revenue Share

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Follow Teak New York on MainVest 2022

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Warning: according to the close date for this deal, Teak New York may no longer be accepting investments.

Teak New York Deal Report

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