Ama’Gees
About this raise
Ama’Gees is raising funds on Honeycomb. It is a food truck in Durham, North Carolina, offering the authentic Jamaican experience. Ama’Gees has a loyal customer base for its delectable Jamaican dishes and the cool ambiance with soothing reggae music and it uses high-quality ingredients to create its flavorful dishes. The business has received several shout-outs from its customers and has received several grants supporting its impactful initiatives. Andrea Cole and Dwayne Cole founded Ama’Gees in October 2017. The current crowdfunding campaign has a minimum target of $35,000 and a maximum target of $75,000. The campaign proceeds will be used for electrical upgrades, HVAC system enhancements, exhaust system enhancements, plumbing renovations, fixture enhancements, and licenses and permits.
Investment Overview
Not Funded: $2,650
Deal Terms
Total Commitments
- Platform
- Honeycomb
- Start Date
- 05/02/2024
- Close Date
- 05/31/2024
$35,000
$75,000
$100
Debt
Quarterly
RegCF
11.50%
3.0 years
Company & Team
Company
- Year Founded
- 2017
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
- Revenue +256% YoY
-
$295,995
as of FY2023
- Monthly Burn
-
Profitable
as of FY2023
-
Cash on Hand
-
$10,000
as of FY2023
- Gross Margin
-
64%
as of FY2023
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 05/31/2024 | Honeycomb | - | $2,650 | Debt | Not Funded | RegCF |