True Love Body Piercing
About this raise
True Love Body Piercing is raising funds on MainVest. It is a body piercing shop in Cambridge, Massachusetts, that offers safe piercing for children and adults. True Love Body Piercing has set up a friendly and welcoming environment to make clients feel comfortable and ensure the safe healing of the piercings. The business is currently looking to expand to a new location with easy and better parking and a safe environment. Owen Beane founded True Love Body Piercing in November 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $124,000. The campaign proceeds will be used for renovations of the new commercial space.
Investment Overview
Invested : $36,600
Deal Terms
Total Commitments
- Platform
- MainVest
- Start Date
- 09/25/2023
- Close Date
- 02/29/2024
$35,000
$124,000
$100
Revenue Share
Quarterly
RegCF
1.40X
3.50%
Company & Team
Company
- Year Founded
- 2021
- Industry
- Consumer Products, Goods & Services
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
-
Revenue
-
$166,754
as of FY2022
- Monthly Burn
-
$405
as of FY2022
-
Runway
-
0 months
as of FY2022
- Gross Margin
-
72%
as of FY2022
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
Ratings 
Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 02/29/2024 | MainVest | - | $36,600 | Revenue Share | Funded | RegCF |