Overview
Raised: $102,350
Total Commitments ($USD)
Platform
MainVest
Start Date
03/14/2024
Close Date
04/26/2024
Min. Goal
$75,000
Max. Goal
$124,000
Min. Investment
$100
Security Type
Revenue Share
Series
Seed
SEC Filing Type
RegCF
Return Multiple
1.40X
Rev. Share %
1.05%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
04/27/2024
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$2,437
# of Investors
115
Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded
2020
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
MetroNOME Brewery is raising funds on MainVest. It is a socially-minded brewery in St. Paul, Minnesota, with the mission of nurturing outstanding music education. MetroNOME Brewery aims to grow its brewing and distribution capabilities and use the proceeds to provide musical instruments, lessons, and education for underprivileged youth in the Twin Cities Metro area. Matthew Engstrom and William Eddins founded MetroNOME Brewery in October 2022. The current crowdfunding campaign has a minimum target of $75,000 and a maximum target of $124,000. The campaign proceeds will be used for space buildout, renovations, and equipment.
Summary Profit and Loss Statement
| FY 2023 | FY 2022 | |
|---|---|---|
|
Revenue |
$604,484 |
$459,916 |
|
COGS |
$172,538 |
$65,508 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-72,148 |
$-80,889 |
Summary Balance Sheet
| FY 2023 | FY 2022 | |
|---|---|---|
|
Cash |
$11,720 |
$32,447 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$184,904 |
$206,062 |
|
Short-Term Debt |
$424,794 |
$364,878 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$424,794 |
$364,878 |
Financials as of: 03/14/2024
Create a free account today to gain access to KingsCrowd analytics.
Create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$25 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
KingsCrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Already a member? Log in here.
Ratings 
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.