Bar Palmina
About this raise: Bar Palmina is raising funds on Honeycomb. It is an upcoming non-alcoholic craft cocktail bar in Philadelphia, Pennsylvania. Bar Palmina will offer an inclusive and innovative drinking experience with its creative mixology and quality ingredients used to craft beverages that people enjoy without the presence of alcohol. The bar will offer mocktails and sophisticated concoctions to provide a fine drinking experience to its patrons with a memorable and distinctive taste. Thomas Reynolds and Nicole Graziano founded Bar Palmina in August 2023. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $30,000. The campaign proceeds will be used for security deposit, permits, furnishing, and bar buildout.
Investment Overview
Invested : $30,000
Deal Terms
Total Commitments ($USD)
- Platform
- Honeycomb
- Start Date
- 03/19/2024
- Close Date
- 04/17/2024
$25,000
$30,000
$100
Debt
Pre-Seed
RegCF
13.00%
3.0 years
Company & Team
Company
- Year Founded
- 2023
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
-
Revenue
- $5,861
- Monthly Burn
- $25
-
Runway
- 0 months
- Gross Margin
- 76%
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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 |
|---|---|---|---|---|---|---|
| 04/17/2024 | Honeycomb | - | $30,000 | Debt | Funded | RegCF |