Bumbleberry Farms
About this raise
Bumbleberry Farms is raising funds on Honeycomb. It is an artisanal honey production company in Pittsburgh, Pennsylvania. Bumbleberry Farms makes high-quality honey and nationally acclaimed honey cream spreads using all-natural ingredients. The products of Bumbleberry Farms can be found in Whole Foods Market, Bloomingdale’s, gourmet shops, wineries, museums, gift shops, and botanical gardens across the US and Canada. Jon Mosholder founded Bumbleberry Farms in July 2013. The current crowdfunding campaign has a minimum target of $30,000 and a maximum target of $60,000. The campaign proceeds will be used for purchasing a commercial steam kettle, a commercial refrigerator, an automated filling machine, a labeling machine, and for marketing.
Investment Overview
Invested : $60,000
Deal Terms
Total Commitments
- Platform
- Honeycomb
- Start Date
- 01/05/2024
- Close Date
- 02/04/2024
$30,000
$60,000
$100
Debt
Quarterly
RegCF
10.75%
3.0 years
Company & Team
Company
- Year Founded
- 2013
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
- Revenue -67.3% YoY
-
$510,795
as of FY2022
- Monthly Burn
-
Profitable
as of FY2022
-
Cash on Hand
-
$163,029
as of FY2022
- Gross Margin
-
36%
as of FY2022
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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 |
|---|---|---|---|---|---|---|
| 02/04/2024 | Honeycomb | - | $60,000 | Debt | Funded | RegCF |