Overview
Raised: $33,450
Total Commitments ($USD)
Platform
MainVest
Start Date
06/02/2021
Close Date
07/09/2021
Min. Goal
$10,000
Max. Goal
$50,000
Min. Investment
$100
Security Type
Revenue Share
Series
Seed
SEC Filing Type
RegCF
Return Multiple
1.40X
Rolling Commitments ($USD)
Status
Funded
Reporting Date
07/30/2021
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$904
# of Investors
61
Momentum
Funded
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Year Founded
2019
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
Arterial Coffee, an upcoming coffee shop in Philadelphia, PA, is raising crowdfunding on MainVest. The coffee shop will be located in a 1,664 square feet space with panoramic views and extensive natural lighting. Sharaine Brown and Sharla Brown founded Arterial Coffee in 2019. The current crowdfunding round has a minimum target of $10,000 and a maximum target of $50,000. The raise proceeds will be used towards space buildout, equipment purchases, and operating capital. Arterial Coffee will serve delectable coffee from its beautiful location. The space is located close to the University of Pennsylvania, Wexford Science Center, and Penn Medical Center and is designed to host about 30 guests comfortably.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$0 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$0 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$0 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 06/02/2021
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Raise History
| Offering Name | Close Date | Platform | Valuation/Cap | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| Arterial Coffee | 07/09/2021 | MainVest | - | $33,450 | Revenue Share | Funded | RegCF |
| Arterial Coffee | 05/27/2021 | MainVest | - | $32,800 | Revenue Share | Not Funded | RegCF |
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