US-based ecommerce platform Our Mayberry raised $1.2m through its convertible note seed round offering by reaching its 20% oversubscription limit led by unnamed investment groups from medical services and restaurant industries.
Founded in 2019, Our Mayberry is an online ecommerce platform that connects businesses and nonprofits to create mutually beneficial marketplaces where consumers can make purchases that support the causes they champion.
Our Mayberry aims to help small businesses across the US expand their consumer base by tapping into the dedicated audiences of their nonprofit partners while providing a new and sustainable source of funds for nonprofits.
Commenting on the platform’s goals, Our Mayberry CEO Shawn Tacey said, “Our Mayberry gives businesses the ability to both scale and do good unlike any other platform or service. We process hundreds of thousands of dollars in transactions each month for service businesses like law firms, medical services companies and architects. Other values-driven platforms simply don’t include these types of businesses, but we do.”
Our Mayberry currently operates in six states and has generated growing interest from national nonprofits including Rotary International and Habitat for Humanity.
Highlighting the importance of SMEs helping non-profits, Habit for Humanity spokesperson said, “Our Mayberry’s model represents the next step in the evolution of both business marketing and fundraising. We’re focused on weaving this new system of commerce into everyday life, and we believe this will go a long way in helping to rebuild and strengthen our communities.”
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