Art of Kava
[Closed for Investment] Art of Kava is raising funds on Honeycomb. It is a specialized e-commerce business that offers a line of high-quality kava products to consumers. Kava is a traditional Pacific Islander beverage with a rich cultural history and benefits and is known for its sociable and soothing effects. Art of Kava sells the highest quality kava and educates its customers about its preparation methods and overall benefits. Zac Holzapfel founded Art of Kava in January 2022. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $100,000. The campaign proceeds will be used to purchase inventory to lower the per-kilogram cost.
Investment Overview
Raised: $1,400
Deal Terms
Total Commitments ($USD)
- Platform
- Honeycomb
- Start Date
- 06/08/2023
- Close Date
- 07/07/2023
$50,000
$100,000
$100
Debt
Pre-Seed
RegCF
12.00%
3.0 years
Company & Team
Company
- Year Founded
- 2022
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
-
Revenue
- $117,055
- Monthly Burn
- $283
-
Runway
- 3.7 months
- Gross Margin
- 37%
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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 |
|---|---|---|---|---|---|---|
| 07/07/2023 | Honeycomb | - | $1,400 | Debt | Not Funded | RegCF |