Autana Authentic Venezuelan Food
[Closed for Investment] Autana Authentic Venezuelan Food is raising funds on Honeycomb. It is a food business in Ardmore, Pennsylvania specializing in the diverse flavors of Venezuelan cuisine. Autana Authentic Venezuelan Food uses authentic recipes and quality ingredients to create its arepas, empanadas, Venezuelan beverages, and desserts and serves them with warmth and comfort. The restaurant has been recognized as one of the top 24 out of the 50 best restaurants by Philadelphia Magazine and has received a glowing review from Craig LaBan for the Philadelphia Inquirer. Maria Hernandez and Levi Hernandez founded Autana Authentic Venezuelan Food in August 2020. 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 buy equipment, fund working capital, and refinance loans.
Investment Overview
Raised: $78,396
Deal Terms
Total Commitments ($USD)
- Platform
- Honeycomb
- Start Date
- 10/22/2024
- Close Date
- 12/05/2024
$50,000
$100,000
$100
Debt
Pre-Seed
RegCF
12.75%
3.0 years
Company & Team
Company
- Year Founded
- 2020
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
- Revenue +58% YoY
- $856,041
- Monthly Burn
- Profitable
- Cash on Hand
- $36,400
- Gross Margin
- 68%
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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 |
|---|---|---|---|---|---|---|
| 12/05/2024 | Honeycomb | - | $78,396 | Debt | Funded | RegCF |