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We’reDough

We’reDough

Bakery

Bakery

Overview

Raised to Date: Raised: $30,000

Total Commitments ($USD)

Platform

MainVest

Start Date

06/07/2022

Close Date

08/19/2022

Min. Goal
$15,000
Max. Goal
$30,000
Min. Investment

$100

Security Type

Revenue Share

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

1.66X

Rolling Commitments ($USD)

Status
Funded
Reporting Date

08/30/2022

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$417

# of Investors

51

Momentum
Funded
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Year Founded

2019

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Location

Flint, Michigan

Business Type

Life Style

We’reDough is raising funds on MainVest. The bakery is located in Flint, Michigan, and offers edible cookie dough made using heat-treated flour and pasteurized eggs. It offers over 20 unique cookie flavors, hand-dipped ice cream, pastries, and cakes. The business moved to its new location at the beginning of 2022 and plans to add baking classes as another revenue stream. Jessica McGuire founded We’reDough in October 2019. The current crowdfunding campaign has a minimum target of $15,000 and a maximum target of $30,000. The campaign proceeds will be used to purchase new equipment to offer baking classes in the brick-and-mortar location.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$90,426

$0

COGS

$15,800

$0

Tax

$5,363

$0

 

 

Net Income

$-16,785

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$9,540

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 06/07/2022
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
We’reDough 08/18/2022 MainVest - $30,000 Revenue Share Funded RegCF
We’reDough 12/09/2021 MainVest - $22,200 Revenue Share Funded RegCF
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Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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We’reDough on MainVest 2022
Platform: MainVest
Security Type: Revenue Share

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