Overview
Raised: $75,000
Total Commitments ($USD)
Platform
MainVest
Start Date
02/25/2021
Close Date
05/05/2021
Min. Goal
$50,000
Max. Goal
$75,000
Min. Investment
$100
Security Type
Revenue Share
Series
Seed
SEC Filing Type
RegCF
Return Multiple
1.50X
Rolling Commitments ($USD)
Status
Funded
Reporting Date
05/30/2021
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$1,103
# of Investors
101
Momentum
Funded
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Year Founded
2020
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
Cabo Vegan, a Cabo Verdean vegan restaurant in Brockton, MA, is raising funds on MainVest. The restaurant aims to cater to a meat-free lifestyle, serving vegan or plant-based Cabo Verdean cuisine. The tasty and nutritious meals of Cabo Vegan come with the benefits of veganism. Tome Andrade and Valery Teixeira founded Cabo Vegan in June 2020. The current crowdfunding round has a minimum goal of $50,000 and a maximum goal of $75,000, and the proceeds will be used to finish the buildout of the first brick-and-mortar location, purchase equipment, and buy furniture. Cabo Vegan has already established a base and gained demand during its soft launch and aims to become the satellite for veganism in the south shore.
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: 02/25/2021
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