Mainvest

Empowering communities to start, scale, and invest in small businesses

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Form C
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Security Type
Crowd SAFE
Min Investment
$500
Location
SALEM, MA
Offering Date
September 22, 2022
Expected Close Date
January 02, 2023
Target Raise
$25.00K-$1.24M
No. Investors
280
Security Price
$1
Website
mainvest.com
Number of Employees
8
Cash
$353,205
Revenue
$497,978
Short Term Debt
$85,519
Cost of Goods
$381,185
Long Term Debt
$9,543
Net Income
$-2,081,237

Company Description

Mainvest lets everyday Americans participate in the economic growth of their communities by empowering them to start, scale, and invest in small businesses.

Perks

Invest
$2,500
Receive
$50 in Mainvest investment credit to start exploring small business investment opportunities!

4 investors
Invest
$10,000
Receive
$250 in Mainvest investment credit to start exploring small business investment opportunities!
Limited (46 left of 50)

3 investors
Invest
$25,000
Receive
$1000 in Mainvest investment credit to start exploring small business investment opportunities!
Invitation to Mainvest Quarterly Strategy and Planning Investor Meeting.
Limited (22 left of 25)

Key Deal Facts

The investment platform for Main Street
500+ launched investment opportunities
Path to profitability in H2 2023*
Over 25,000 repayments processed
$18M total AUM, $25M invested to date
$0 CAC Q2-Q3 2022

Management Team / Advisory Board Bios

Nick Mathews
Founder
Early Uber, passionate about economic development, expert in marketing and go-to-market strategy

Isabel Strobing
Director of Marketing Communications

Robert Hoyt
Director of Operations

Lauren Berestecky
Director of Campaign Success

Aran Ansari
Product Manager

Omar Spira
Lead Engineer

Eric Strader
Director of Business Development

Tim Blanchard
HR & Compliance Manager
Amount Raised : $384,795
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Business Idea
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Business Traction
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Management Team
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Valuation

Security Description

An equity crowdfunding specific version of a SAFE used by crowdfunding portal Republic. Upon conversion (if and when that happens), investors may receive special shares with limited rights that do not show up on a company’s cap table. The issuer may roll over and not convert shares at the next financing round causing investors to lose out on some upside.

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