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Mamie's Pies, Inc.

Operating

Food & Beverage · San Rafael, CA · Founded 2020

The frozen little pocket pie with the BIG taste!

Post-money valuation ⓘ
$6.8M
As of Apr 2021 · from Reg CF Offering (2020) · pre-money + amount raised, not a traded price
Total raised
$992,163
Crowd $515K · Private $477K · 2 rounds since 2020
Latest share price
$5.00
Reg CF · Common Stock · Feb 2020 offering price · down round

Financials

FY2017–FY2019 · from SEC filings · hover any figure for its source
$86K
−$111K
2017
$550K
−$45K
2018
$1.0M
−$628K
2019
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2017 reviewed*
FY2018 unaudited
FY2019 unaudited
Income statement
Revenue
$85,765
$549,924
$1,039,537
Cost of goods sold
$122,771
$258,518
$815,257
Gross margin
-43%
53%
22%
Net income
-$111,163
-$45,428
-$627,510
Taxes paid
$0
$0
$0
Balance sheet
Cash
$11,926
$20,168
$6,971
Accounts receivable
$59,909
$254,647
$22,083
Total assets
$125,152
$327,430
$255,178
Short-term debt
$6
$128,901
$448,678
Long-term debt
$104,878
$286,154
$286,597
Total liabilities
$104,884
$415,055
$735,275
Other
Headcount
—
2
2

Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Pre-money — the valuation set before each round’s money came in
$6.3M
pre-money
Reg CF · Common · Feb 2020

Blue bars are the pre-money valuation the company stated for a priced round.

Share price over rounds

log scale
$40.0017$14.1424$5.00
Feb 2020Feb 2020
Round offering price or verified disclosed saleDisclosed sale, unverified or year-onlyDown round · Feb 2020 (-87.5%)

Disclosed sales come from the issuer's own filings (prior-offering lines, audited-statement notes) and are amount ÷ securities sold. A down round is a firm point more than 25 % below the previous firm point of the same share class on a comparable basis; the comparison ignores unverified and year-only lines.

Cap table

Principal holders% as the filing states it, Feb 28, 2020

  • s Kara Romanik64.4%of company
  • Peter Scherr17.6%of company
  • Gio5.75%of company
  • Passalacqua Gobos Irrevocable Trust4%of company
  • Kareem Martin2.88%of company
  • Connelly Scherr0.96%of company
  • Frank Vargas0.77%of company
  • Paul Levitan0.22%of company

Sold to the crowd

From the company's SEC filings: share counts per class, each class's voting and conversion terms, and the holders of 20% or more that Form C requires (officers and 10%+ holders on Form 1-A). Filings name only large holders, so most owners — including crowd investors — are not listed, and a holder's percentage may be of its own class rather than of the whole company. Prices and crowd share counts are in today's share terms — adjusted for splits and conversions since they were sold. Hover a figure for its filing.

Fundraising history

Raised $515.4K / $1.1MInvestors 834Post-money $6.8M

Team

10 people
Kara RomanikFounder
Founder/CEO

Mamie’s Pies is Kara’s passion project that has now turned into a large-scale operation. As a graduate of Bentley University, Kara earned her degree in Economics and Finance. After many years in the finance industry, Kara always felt like a square peg in a round hole. With her creative mind and innate business sense, she knew she was destined for something more. Now today Mamie’s has sold over one million pocket pies, Kara has appeared on QVC 46 times, and the cherry on top was being named as Oprah’s Favorite. Kara’s first passion project is her family. As a single mom of three, Kara’s children Kiki, Cameron, and Griffin have been right by her side from the beginning. They were there through late nights cutting apples in the kitchen, traveling to tasting demos, and helping out at home when mom was on the road. It’s with the combined efforts of Kara’s family and her Mamie’s family, that this dream has become a reality. Kara’s ultimate vision is to bring the homemade taste of New England into every home. It’s as easy as pie!

Kiki RomanikFounder
Creative Lead

Kiki is a graduate of Assumption College, having earned her BA in Marketing with a minor in Graphic Design. She received a scholarship to play Division II volleyball at Assumption where she was the starting setter for four years and team captain for three. Kiki has hung up her sneakers to become the creative lead in her family business. She has been working alongside her mom, Kara since Mamie’s Pies was born and is now primarily focusing on creating captivating content by pushing for growth and all social media channels, elevating Mamie’s Pies as a brand. Kiki believes that first and foremost, we eat with her with our eyes, and the content she creates is the first step towards bringing happiness into the hands of customers across the country.

Maggie ValiunasFounder
Marketing Consultant

Maggie is a graduate of Duke University and has been working in the field of Marketing and Operations since 2009. She is the founder of MCV Consultants, a marketing and operations consultancy agency, specializing in scaling corporate B2C and B2B marketing programs, including customer acquisition and retention, lead generation and affiliate marketing. Maggie met Kara through her daughter, Kiki, and she fell in love with Kara’s energy, passion, and mission to bring homemade pocket pies into people's lives. Maggie took one bite of Kara’s cherry pocket pies and has never looked back! The future is pie.

Peter J. Scherr, Esq.Founder
General Counsel and Chief Operating Officer

Peter is a graduate of Syracuse University, having earned his BA in Spanish language, Literature and Culture. After a number of years in the insurance industry, Peter returned to school, earning his Juris Doctorate at Brooklyn Law School. After over two decades serving various clients with their legal troubles, Peter was introduced to Mamie’s Pies founder Kara Romanik and decided that serving people pie could be more compelling than solving legal problems. Peter now works with Kara to make sure the pies are made, shipped, and get to the tables of Mamie’s customers. Peter has been happily married to his college sweetheart Meme for almost 30 years. They have two children Hannah and James. Peter and his family love the bay area and are involved in various philanthropic interests, love to travel, and of course, EAT PIE!

Bill Feast
Advisor

President Solet Advisors

David Hirschkop
Advisor

Founder/CEO Dave's Gourmet

Fax Ayres
Advisor

Entrepreneur

Frank Vargas
Advisor

Attorney

Paul Levitan
Advisor

Former President/CEO Galaxy Desserts

Show 1 more person
Suzanne Passaquala
Advisor

Financial Advisor/Advisory Trustee

Names and titles as disclosed on SEC Form C, StartEngine. Bios and photos come from the platform campaign page and may be out of date.

Reg CF annual-report compliance

Delinquent

Filed 1 of 7 annual reports (FY2019–FY2025)

Missing: 2020, 2021, 2022, 2023, 2024, 2025

834 investors
holder-count proxy

Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.

  • Form C-UMay 7, 20210001665160-21-000915
    EDGAR
  • Form C/AMar 26, 20210001665160-21-000367
    EDGAR
  • Form C/ADec 23, 20200001665160-20-001574
    EDGAR
  • Form C/AOct 27, 20200001665160-20-001350
    EDGAR
  • Form C/AAug 28, 20200001665160-20-001122
    EDGAR
  • Form C/AJun 29, 20200001665160-20-000886
    EDGAR
  • Form C/AMay 21, 20200001665160-20-000640
    EDGAR
  • Form C-ARMay 13, 20200001665160-20-000593
    EDGAR
Source: ManualCIK 0001803730DEShare price $5.00

About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.