BlazeBite

BlazeBite

BlazeBite, with a valuation of $10 million, is raising funds on Honeycomb. It is a mobile ordering solution in Seven Hills, Ohio that enables event-goers to order food and beverages directly from their smartphones. BlazeBite aims to transform the concessions experience at minor league stadiums, food trucks, high schools, and golf courses and create a seamless experience to enhance customer satisfaction. The business has won several awards and has been honored by United Way of Lake County for its Dine-2-Donate initiative. Jeffrey Leahy founded BlazeBite in March 2017. 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 marketing, trade shows, and mobile app enhancements.

Expand

Investment Overview

Raised this Round: Raised: $32,100

Deal Terms

Total Commitments ($USD)

Platform
Honeycomb
Start Date
11/24/2024
Close Date
12/26/2024
Min. Goal
$25,000
Max. Goal
$50,000
Min. Investment

$100

Security Type

Convertible Note

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$10,000,000

Discount

0%

Company & Team

Company

Year Founded
2017
Industry
Food, Beverage, & Restaurants
Tech Sector
MarketplaceTech
Location
Seven Hills, Ohio
Company Website
Visit Website

Team

Employees
7

Financials

as of Fiscal Year 2023
 Revenue
$55,591
 Monthly Burn
$1,228
 Runway
1.3 months
Gross Margin
9%

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$55,591

$47,753

COGS

$50,333

$47,404

Tax

$0

$0

 

 

Net Income

$-14,734

$-15,858

Summary Balance Sheet

FY 2023 FY 2022

Cash

$1,574

$2,313

Accounts Receivable

$0

$0

Total Assets

$5,132

$11,971

Short-Term Debt

$16,345

$8,627

Long-Term Debt

$2,600

$2,600

Total Liabilities

$18,945

$11,227

Create a free account today to gain access to Kingscrowd analytics and financials.

Upgrade to gain access

Pay Monthly
Annually (2 months free)

Edge

$12.50 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific Kingscrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
12/26/2024 Honeycomb $10,000,000 $32,100 Convertible Note Active RegCF
Create a free account today to gain access to Kingscrowd analytics.
Founders: enhance your startup's credibility on Kingscrowd. Create an account to claim this raise page.
Add to portfolio
BlazeBite on Honeycomb 2024
Platform: Honeycomb
Security Type: Convertible Note
Valuation: $10,000,000

Follow company

Follow BlazeBite on Honeycomb 2024

Buy BlazeBite's Deal Report

BlazeBite Deal Report

Get Kingscrowd's comprehensive report on BlazeBite including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether BlazeBite is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the BlazeBite deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge