Ancient Awakenings

Ancient Awakenings

[Closed for Investment] Ancient Awakenings is raising funds on Honeycomb Credit. The company is based in Woodstock, GA, specializing in Holistic Health, Alternative Therapies, and Probiotic Foods. They offer a range of services and products aimed at promoting overall wellness and natural healing, including probiotic-rich foods like kefir and fermented vegetables, as well as holistic therapies such as nutritional consulting, colon hydrotherapy, aromatherapy, and Reiki. The business has been recognized in publications and has products that have gained popularity among customers. Founder Dana Rankin started the company in 2009. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $100,000. The campaign proceeds will be used for purchasing a labeling machine, dishwashing equipment, rebranding, marketing, and moving the production center to a larger space for increased efficiency.

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Investment Overview

Raised this Round: Raised: $0

Deal Terms

Total Commitments ($USD)

Platform
Honeycomb
Start Date
09/13/2023
Close Date
10/27/2023
Min. Goal
$50,000
Max. Goal
$100,000
Min. Investment

$100

Security Type

Debt

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

12.00%

Term Length

3.0 years

Company & Team

Company

Year Founded
2010
Industry
Food, Beverage, & Restaurants
Tech Sector
Location
Woodstock, Georgia
Company Website
Visit Website

Team

Employees
10

Funding data not publicly available

Financials

as of Fiscal Year 2022
 Revenue
$0
 Cash on Hand
$5,835
Gross Margin
54%

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$536,878

$455,919

COGS

$244,563

$182,529

Tax

$0

$0

 

 

Net Income

$65,598

$92,694

Summary Balance Sheet

FY 2022 FY 2021

Cash

$5,835

$13,648

Accounts Receivable

$0

$0

Total Assets

$134,468

$227,603

Short-Term Debt

$11,120

$10,945

Long-Term Debt

$117,672

$136,789

Total Liabilities

$128,792

$147,734

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
10/27/2023 Honeycomb - $0 Debt Not Funded RegCF
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Ancient Awakenings on Honeycomb 2023
Platform: Honeycomb
Security Type: Debt
Price per Share: $1.00

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Warning: according to the close date for this deal, Ancient Awakenings may no longer be accepting investments.

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