This company is no longer in business. Investors can get details about any potential exits or failures here.
Overview
Raised: $22,200
Total Commitments ($USD)
Platform
MainVest
Start Date
10/14/2021
Close Date
12/10/2021
Min. Goal
$20,000
Max. Goal
$75,000
Min. Investment
$100
Security Type
Revenue Share
Series
Pre-Seed
SEC Filing Type
RegCF
Return Multiple
1.25X
Rolling Commitments ($USD)
Status
Funded
Reporting Date
12/30/2021
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$396
# of Investors
48
Momentum
Funded
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Year Founded
2019
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
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 plans to open its new space and expand its offerings to cookie dough milkshakes, coffee, bubble waffles, and baking/decorating classes. Jessica McGuire founded We’reDough in October 2019. The current crowdfunding campaign has a minimum target of $20,000 and a maximum target of $75,000. The campaign proceeds will be used for plumbing work, electrical work, a new freezer, and new equipment.
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: 10/14/2021
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