The Midas Fund CF
About this raise
The Midas Fund CF is raising funds on Rialto Markets. The fund has been formed for the purpose of lending capital exclusively to the affiliates of Acorn Automotive Group. The Midas Fund’s lending of capital to the Acorn Automotive Group will make its affiliates and other entities key Midas franchisees and managers of Midas franchisees. The Midas franchisees will serve as top destinations in the auto care industry for urgent auto repairs and routine maintenance. Matthew Abell founded The Midas Fund in January 2024. The current crowdfunding campaign has a minimum target of $500,000 and a maximum target of $5 million. The campaign proceeds will be used for staff salaries, rent and office expenses, legal and accounting services, business loans, and marketing.
Investment Overview
Committed $0 :
Deal Terms
Company & Team
Company
- Year Founded
- 2024
- Industry
- Financial & Insurance Products & Services
- Tech Sector
- Location
- Lake Orion, Michigan
- Company Website
-
Visit Website
Team
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
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
04/26/2025 | Rialto Markets | - | $0 | Equity - Common | Active | RegCF |