About this raise: Wicked BOLD, a vegan foods brand in Flower Mound, TX, is raising funds on MainVest. The company makes small-batch vegan chocolate using organic and ethically sourced cacao from Belize. The chocolate is handmade, healthy, and delicious and made with just three ingredients. Deric Cahill and Brooklyn Cahill founded Wicked BOLD in September 2019. The current crowdfunding raise has a minimum goal of $30,000 and a maximum goal of $105,000, and the funds will be used towards marketing, purchasing equipment to scale chocolate capacities, and six months’ expenses runway. Wicked BOLD plans to renovate the current location and expand to lore locations into 2023.

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Investment Overview

Invested this round: $34,100

Deal Terms

Total Commitments ($USD)

Platform
MainVest
Start Date
04/14/2021
Close Date
06/04/2021
Min. Goal
$30,000
Max. Goal
$105,000
Min. Investment

$100

Security Type

Revenue Share

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

1.30X

Company & Team

Company

Year Founded
2019
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
Location
Flower Mound, Texas
Business Type
Life Style
Company Website
Visit Website

Team

Employees
3
Prior Founder Exits?
No
Founder Name
Deric J. Cahill
Title
CEO
Founder Name
Brooklynn Cahill
Title
CPO

Financials

 Revenue
$9,000
 Monthly Burn
$833
 Runway
3.7 months
Gross Margin
56%

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$9,000

$0

COGS

$4,000

$0

Tax

$0

$0

 

 

Net Income

$-10,000

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$3,100

$0

Accounts Receivable

$0

$0

Total Assets

$5,900

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
08/03/2023 MainVest - $0 Revenue Share Not Funded RegCF
04/28/2023 MainVest - $170,200 SAFE Funded RegCF
11/07/2022 MainVest - $73,200 Revenue Share Funded RegCF
02/11/2022 MainVest - $51,100 Revenue Share Funded RegCF
06/04/2021 MainVest - $34,100 Revenue Share Funded RegCF
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Growth Charts

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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Wicked BOLD on MainVest
Platform: MainVest
Security Type: Revenue Share

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