Otto’s Bar on MainVest

BAR IN NASHVILLE, TN

Raise to date: $2,900

Reporting Date: 03/29/2020

Key Stats

Minimum Raise

$75,000

Maximum Raise

$107,000

Likelihood of Max Unlikely
Start Date

01/17/2020

Stop Date

04/13/2020

Days Remaining

14

Security Type

Debt

Investment Minimum

$100

Deal Type

No Review


Investment Summary

Status

Active

# of Investors

11

% of Minimum Raised

4%

% of Maximum Raised

3%

Dollars Per Day to Reach Max

$7,436

DPD* Committed

$40

DPD* Category

$2

DPD* All Companies

$980

Kingscrowd Momentum

$2,900

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

Otto’s Bar, an upcoming bar in Nashville, TN, is raising funds on MainVest. The bar will offer an exciting menu of craft cocktails, including the ones infused with CBD and kombucha, mocktails mixed with teas, matcha, and craft tincture. The bar will also feature Tex-Mex-inspired bar food along with salads, sandwiches, and vegan-friendly options. Otto’s Bar is owned by Louisa Green and James Green, bringing years of hospitality experience to the business. The proceeds of the current crowdfunding round, with a minimum target of $75,000 and a maximum target of $107,000, will be used towards operating capital and marketing. Otto’s Bar has unique offerings and is entering a promising market in need of a relaxed upscale cocktail bar.

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