BALVANERA
About this raise
BALVANERA is raising funds on Honeycomb. It is an upcoming Argentinian restaurant in the Strip District of Pittsburgh, Pennsylvania. The restaurant aims to combine the Argentinian heritage with European and international inspiration and flavors to create unique offerings. BALVANERA will also celebrate South American wines and wine-making styles and combine them with warm hospitality to replicate the success of the BALVANERA in NYC. Fernando Navas and Meredith Boyle founded BALVANERA in October 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $124,000. The campaign proceeds will be used for furniture and fixtures and labor costs.
Investment Overview
Invested : $124,000
Deal Terms
Total Commitments
- Platform
- Honeycomb
- Start Date
- 11/02/2022
- Close Date
- 12/20/2022
$50,000
$124,000
$100
Debt
Quarterly
RegCF
10.75%
5.0 years
Company & Team
Company
- Year Founded
- 2021
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- Low
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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 |
|---|---|---|---|---|---|---|
| 12/20/2022 | Honeycomb | - | $124,000 | Debt | Funded | RegCF |