Upwardly Mobile Coffee
Food Truck
Overview
Raised: $40,000
Total Commitments ($USD)
Platform
MainVest
Start Date
07/12/2021
Close Date
08/24/2021
Min. Goal
$10,000
Max. Goal
$40,000
Min. Investment
$100
Security Type
Revenue Share
Series
Pre-Seed
SEC Filing Type
RegCF
Return Multiple
1.80X
Rolling Commitments ($USD)
Status
Funded
Reporting Date
08/30/2021
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$952
# of Investors
16
Momentum
Funded
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Year Founded
2021
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Upwardly Mobile Coffee, an upcoming food truck in Oklahoma City, OK, is raising funds on MainVest. The truck will sell nitro cold brew coffee, cold brew coffee, and espresso drinks, along with donuts and cinnamon rolls. The business is socially conscious, environmentally sound, and with minimal waste. Matthew Broberg-Moffitt founded Upwardly Mobile Coffee in June 2021. The proceeds of the current crowdfunding round, with a minimum goal of $10,000 and a maximum goal of $40,000, will be used for the purchase of the food truck and equipment. Upwardly Mobile Coffee aims to donate a dozen of donuts for every dozen sold and use the spent coffee grounds to culture and harvest mushrooms.
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: 07/12/2021
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