Artisaan

Artisaan

Artisaan is raising funds on Honeycomb. The business makes and sells handmade crafts in Norwalk, Connecticut. Artisaan highlights the creative processes of its own craft and other makers and has been in over 30 stores in the past years with its handmade journals. Artisaan products are consistently stocked at The Aldrich Contemporary Museum in Ridgefield, Connecticut, and will soon be displayed in a retail space in the budding renaissance of Norwalk, Connecticut. Shamese Shular founded Artisaan in June 2021. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $50,000. The campaign proceeds will be used for entry into and construction of the retail space, store equipment and setup, and refinancing high-interest debt.

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Investment Overview

Raised this Round: Raised: $0

Deal Terms

Total Commitments ($USD)

Platform
Honeycomb
Start Date
11/04/2024
Close Date
12/23/2024
Min. Goal
$25,000
Max. Goal
$50,000
Min. Investment

$100

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

13.25%

Term Length

3.0 years

Company & Team

Company

Year Founded
2021
Industry
Apparel & Fashion
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
Low
Location
Norwalk, Connecticut
Business Type
Life Style
Company Website
Visit Website

Team

Employees
1
Prior Founder Exits?
No
Founder Name
Shamese Shular
Title
Owner

Funding data not publicly available

Financials

as of Fiscal Year 2023
 Revenue -70.6% YoY
$2,746
 Monthly Burn
$110
 Runway
9.2 months
Gross Margin
18%

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$2,746

$9,334

COGS

$2,256

$6,613

Tax

$0

$0

 

 

Net Income

$-1,323

$-842

Summary Balance Sheet

FY 2023 FY 2022

Cash

$1,013

$198

Accounts Receivable

$0

$0

Total Assets

$1,013

$198

Short-Term Debt

$3,322

$1,183

Long-Term Debt

$0

$0

Total Liabilities

$3,322

$1,183

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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
12/23/2024 Honeycomb - $0 Debt Active RegCF
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Artisaan on Honeycomb 2024
Platform: Honeycomb
Security Type: Debt

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