Piestro

The Future of Artisanal Pizza

Analytics

Raised to Date: $1,009,923

Aggregate Commitments $
Platform

StartEngine

Start Date

03/22/2021

Close Date

09/30/2021

Min. Goal

$33,381

Max. Goal

$5,000,000

Min. Investment

$1,000

Security Type

Equity - Common

Funding Type

RegA+

Series

Pre-Seed

Pre-Money Valuation

$12,000,000

Rolling Commitments $
Status

Active

Reporting Date

06/13/2021

Days Remaining

109

% of Min. Goal

3,025%

% of Max. Goal

20%

Likelihood of Max
unlikely
Avg. Daily Raise

$12,168

# of Investors

513

Momentum
cool
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Location

Santa Monica, California

Industry

Food, Beverage, & Restaurants

Tech Sector

Foodtech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

Low

Business Type

Growth

Piestro, the future of artisanal pizza, is raising funds on StartEngine through Reg A+ crowdfunding. It is an automated pizza shop that delivers artisanal pizza in less than three minutes. It is a revolutionary pizzeria that makes zero contact pizzas, with zero food waste, lower cost of production, and high quality. Piestro was founded by Massimo Noja De Marco in 2017 and is backed by Wavemaker Partners, a venture capital fund. The company recently completed a fully oversubscribed Reg CF round and raised $1.07 million. The proceeds of the current crowdfunding campaign of Piestro will be used for product development, payroll, marketing, and general administrative expenses. Piestro is led by a seasoned team with food and robotics experience and is revolutionizing the food industry with its innovative design.
Balance Sheet

Cash and Cash Equivalents

$130

Investment Securities

$0

Total Investments

$0

Accounts and Notes Receivable

$290,308

Loans

$0

Property, Plant and Equipment (PP&E)

$0

Property and Equipment

$0

Total Assets

$521,278

Accounts Payable & Accrued Liabilities

$463,989

Policy Liabilities and Accruals

$0

Deposits

$0

Long Term Debt

$0

Total Liabilities

$459,883

Total Stockholders' Equity

$57,289

Total Liabilities and Equity

$521,278

Statement of Comprehensive Income Information

Total Revenues

$0

Total Interest Income

$0

Costs & Expenses Applicable to Rev

$0

Total Interest Expenses

$0

Depreciation and Amortization

$0

Net Income

$-252,601

Earnings Per Share - Basic

$0

Earnings Per Share - Diluted

$0

Auditor: Artesian CPA
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Summary of Crowdfunding Raises
Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Piestro 09/30/2021 StartEngine $12,000,000 $1,009,923 Equity - Common Active RegA+
Piestro 03/21/2021 StartEngine $0 $637,364 Equity - Common Funded Test the Waters
Piestro 09/03/2020 StartEngine $6,020,000 $1,070,247 Equity - Common Funded RegCF
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