Teak New York
Furniture / Home Store
Overview
Raised: $0
Total Commitments ($USD)
Platform
MainVest
Start Date
11/22/2022
Close Date
01/27/2023
Min. Goal
$25,000
Max. Goal
$75,000
Min. Investment
$100
Security Type
Revenue Share
Series
Pre-Seed
SEC Filing Type
RegCF
Return Multiple
1.50X
Rev. Share %
2.65%
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
01/27/2023
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$0
Momentum
Not Funded
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Year Founded
2021
Industry
Consumer Products, Goods & Services
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
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.
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 |
Financials as of: 11/22/2022
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