Bomvida Farms
[Closed for Investment] Bomvida Farms is raising funds on Honeycomb. It is a farm-to-you grocery store in Bosque, New Mexico, that makes it easy for consumers to access local foods. Bomvida Farms sells produce from its own farms and meats and dairy from other local farms to ensure the local farmers and producers have reliable income from their work. Bomvida Farms reported a 318% year-over-year revenue growth and plans to open new grocery stores, a cafe and deli, and catering services. Chris Whitson and Yana Whitson founded Bomvida Farms in August 2020. The current crowdfunding campaign has a minimum target of $60,000 and a maximum target of $124,000. The campaign proceeds will be used to open a second location, new equipment, freight costs, inventory, and startup/transition costs.
Investment Overview
Raised: $71,600
Deal Terms
Company & Team
Company
- Year Founded
- 2020
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
-
Revenue
- $75,912
- Monthly Burn
- $6,496
-
Runway
- 2.7 months
- Gross Margin
- 8%
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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 |
---|---|---|---|---|---|---|
09/22/2023 | Honeycomb | - | $71,600 | Debt | Funded | RegCF |