Chimmelier
About this raise
Chimmelier is raising funds on Honeycomb. The food business offers delicious Korean fried chicken to the culinary landscape of Los Angeles, California. Chimmelier offers authentic and unique Korean fried chicken and brings the heritage of Korea to the city for people to enjoy and relish. The business has been featured at major events, like Red Bull, Coachella, Complexcon, and Head in the Clouds, and has a strong customer base. Kevin Son, Donghyuk Lee, and Jeff Jun founded Chimmelier in September 2021. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $50,000. The campaign proceeds will be used to level up its space for a better customer and team experience.
Investment Overview
Invested : $43,139
Deal Terms
Total Commitments
- Platform
- Honeycomb
- Start Date
- 02/20/2024
- Close Date
- 03/19/2024
$25,000
$50,000
$100
Debt
Quarterly
RegCF
11.25%
3.0 years
Company & Team
Company
- Year Founded
- 2021
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
- Revenue +143% YoY
-
$1,061,824
as of FY2022
- Monthly Burn
-
Profitable
as of FY2022
-
Cash on Hand
-
$12,186
as of FY2022
- Gross Margin
-
73%
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 |
|---|---|---|---|---|---|---|
| 03/19/2024 | Honeycomb | - | $43,139 | Debt | Funded | RegCF |