Con Alma
About this raise
Con Alma is raising funds on Honeycomb. It is a restaurant and bar in Pittsburgh, Pennsylvania, known for its intimate setting and lively jazz performances. Con Alma brings the region’s finest musicians to the town and creates a unique experience for jazz enthusiasts by combining soulful jazz rhythms with the flavours of the world. The restaurant was named one of the top 25 bars in the country by Esquire magazine and has been featured in many local publications as one of the best restaurants in Pittsburgh. Aimee Marshall, Josh Ross, and John Shannon founded Con Alma in January 2021. The current crowdfunding campaign has a minimum target of $60,000 and a maximum target of $124,000. The campaign proceeds will be used for outdoor space expansion.
Investment Overview
Not Funded: $4,125
Deal Terms
Total Commitments
- Platform
- Honeycomb
- Start Date
- 10/28/2024
- Close Date
- 12/12/2024
$60,000
$124,000
$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 -29.4% YoY
-
$473,319
as of FY2023
- Monthly Burn
-
$415
as of FY2023
-
Runway
-
24+ months
as of FY2023
- Gross Margin
-
84%
as of FY2023
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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 |
|---|---|---|---|---|---|---|
| 12/12/2024 | Honeycomb | - | $4,125 | Debt | Not Funded | RegCF |