Cafe Tu Y Yo
Cafe Tu Y Yo is raising funds on Honeycomb. It is a cozy cafe in Pittsburgh, Pennsylvania that serves food with authentic Latin American flavors. Cafe Tu Y Yo makes small bites, sweets, and coffee sourced from Latin America and also sells curated gift items and packaged goods. The cafe has a loyal customer base and was recognized as the Best Latin American Cafe in the Greater Pittsburgh area by Yelp in 2022. Grace Betancourt Jones founded Cafe Tu Y Yo in October 2019. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $100,000. The campaign proceeds will be used to finance a new retail space and equipment.
Investment Overview
Raised: $56,448
Deal Terms
Total Commitments ($USD)
- Platform
- Honeycomb
- Start Date
- 11/13/2024
- Close Date
- 12/16/2024
$50,000
$100,000
$100
Debt
Pre-Seed
RegCF
12.75%
3.0 years
Company & Team
Company
- Year Founded
- 2019
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
- Revenue +44% YoY
- $107,250
- Monthly Burn
- $1,349
-
Runway
- 6.6 months
- Gross Margin
- 61%
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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 |
|---|---|---|---|---|---|---|
| 12/16/2024 | Honeycomb | - | $56,448 | Debt | Active | RegCF |