Overview
Raised: $0
Total Commitments ($USD)
Platform
MainVest
Start Date
01/26/2020
Close Date
03/12/2020
Min. Goal
$55,000
Max. Goal
$107,000
Min. Investment
$100
Security Type
Debt
SEC Filing Type
RegCF
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
03/10/2020
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
Create a free account today to gain access to KingsCrowd analytics.
Year Founded
2014
Industry
Retail Shops & Department Stores
Tech Sector
Non-Tech
Location
Lawrence, Massachusetts
DeCarolis Brothers Cyclists, a bicycle shop in North Andover, MA, is raising funds on MainVest. The bicycle shop retails a wide range of children and adults bicycles, including mountain bikes, recreational bikes, and racing bikes, in addition to clothing and accessories. DeCarolis Brothers Cyclists also performs repairs and maintenance on the bikes like customization, tune-ups, and new product installation. DeCarolis Brothers Cyclists was founded by Luca De Carolis, a former semi-professional cyclist and a passionate entrepreneur. The proceeds of the current crowdfunding round of the company, with a minimum raise of $55,000 and a maximum raise of $107,000, will be used for marketing and event sponsorship, working capital, and to expand the current brand for the new location in North Andover. DeCarolis Brothers Cyclists reported revenues of $785,729 in 2018 and $698,766 in 2019, with a net profit of $121,127 in 2018 and $248,867 in 2019.
Create a free account today to gain access to KingsCrowd analytics.
Raise History
| Offering Name | Close Date | Platform | Valuation/Cap | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| Decarolis Brothers Cycling | 09/09/2021 | MainVest | - | $8,600 | Revenue Share | Not Funded | RegCF |
| Decarolis Brothers Cycling | 03/11/2020 | MainVest | - | $0 | Debt | Not Funded | RegCF |
Create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$25 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
KingsCrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Already a member? Log in here.
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.