This company is no longer in business. Investors can get details about any potential exits or failures here.

Piestro

Piestro

Growth Stage

The Future of Artisanal Pizza

The Future of Artisanal Pizza

Overview

Raised to Date: Raised: $6,000,000

Total Commitments ($USD)

Platform

Dalmore Group

Start Date

01/11/2022

Close Date

Not Provided

Min. Goal
$997
Max. Goal
$20,000,000
Min. Investment

$997

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegA+    Open SEC Filing

Price Per Share

$10.39

Pre-Money Valuation

$80,000,000

Rolling Commitments ($USD)

Status
Funded
Reporting Date

09/29/2022

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

$25,316

# of Investors

99

Momentum
Funded
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Year Founded

2017

Industry

Food, Beverage, & Restaurants

Tech Sector

Foodtech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

High

Location

Santa Monica, California

Business Type

Growth

Piestro is raising funds on Dalmore Group through Reg A+ crowdfunding. It is an automated pizza shop that delivers artisanal pizza in less than three minutes. It is a revolutionary pizzeria that makes zero contact pizzas, with zero food waste, lower cost of production, and high quality. Piestro is led by a seasoned team with food and robotics experience and is revolutionizing the food industry with its innovative design. Massimo Noja De Marco founded Piestro in 2017. The current crowdfunding campaign has no minimum target and a maximum target of $20,000,000. The campaign proceeds will be used for product development, personnel, general overhead expenses, and marketing.

Balance Sheet

Cash and Cash Equivalents

$37,932

Investment Securities

$0

Total Investments

$0

Accounts and Notes Receivable

$59,041

Loans

$0

Property, Plant and Equipment (PP&E)

$0

Property and Equipment

$0

Total Assets

$106,173

Accounts Payable & Accrued Liabilities

$2,208,092

Policy Liabilities and Accruals

$0

Deposits

$0

Long Term Debt

$0

Total Liabilities

$2,290,956

Total Stockholders' Equity

$-2,184,783

Total Liabilities and Equity

$106,173

Statement of Comprehensive Income Information

Total Revenues

$0

Total Interest Income

$0

Costs & Expenses Applicable to Rev

$0

Total Interest Expenses

$0

Depreciation and Amortization

$0

Net Income

$-2,453,624

Earnings Per Share - Basic

$-2.92

Earnings Per Share - Diluted

$-2.92

Auditor: Artesian CPA
Financials as of: 01/11/2022
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Piestro 09/05/2022 Dalmore Group $80,000,000 $6,000,000 Equity - Common Funded RegA+
Piestro 09/29/2021 StartEngine $12,000,000 $4,667,468 Equity - Common Funded RegA+
Piestro 03/20/2021 StartEngine $12,000,000 $637,364 Equity - Common Funded Test the Waters / RegA+
Piestro 09/02/2020 StartEngine $6,020,000 $1,070,247 Equity - Common Funded RegCF
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

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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Piestro on Dalmore Group 2022
Platform: Dalmore Group
Security Type: Equity - Common
Valuation: $80,000,000
Price per Share: $10.39

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