Overview
Raised: $0
Total Commitments ($USD)
Platform
MainVest
Start Date
01/14/2020
Close Date
01/31/2020
Min. Goal
$80,000
Max. Goal
$107,000
Min. Investment
$100
Security Type
Revenue Share
SEC Filing Type
RegCF
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
01/28/2020
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$0
Momentum
Not Funded
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Year Founded
2019
Industry
Food, Beverage, & Restaurants
Tech Sector
Location
Baltimore, Maryland
Mango Ba hia, another American restaurant in Philadelphia, PA, is raising funds on MainVest. The restaurant serves low-cost, vegan or vegetarian meals, with a philanthropic purpose. It provides food to the children in Kensington through the USDA Summer Lunch Program. The food of Mango Ba hia includes burgers, home-cooked style foods, and wholesome meals. The company was founded by Monica Wright, a community organizer and activist, and has been running the USDA free lunch program for two years. The proceeds of the current round of crowdfunding, with a minimum target of $25,000 and a maximum target of $50,000, will be used towards architectural plans, payment of rent, renovations, stock and supplies, and payroll and to continue to be the USDA Summer Lunch Program vendor. Mango Ba hia opened the first restaurant in Philadelphia and achieved revenue of $14,000 in 2018 and $24,000 in 2019.
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Raise History
| Offering Name | Close Date | Platform | Valuation/Cap | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| Cooks & Farmers | 03/10/2020 | MainVest | - | $0 | Revenue Share | Not Funded | RegCF |
| Mango Ba hia | 01/30/2020 | MainVest | - | $0 | Revenue Share | Not Funded | RegCF |
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