Cups and Claws Cafe
About this raise
Cups and Claws Cafe is raising funds on Honeycomb. It is a cat lounge business in Newport News, Virginia that serves the community in multiple ways. Cups and Claws Cafe operates as a foster home for 20-35 adoptable cats in collaboration with local rescues and shelters, while it also allows people to enjoy beverages and pre-packaged bakery goods while interacting with these cats. The business has garnered immense media recognition and has been featured in over eight newspapers. Philip Zettel and Kimberly Zettel founded Cups and Claws Cafe in December 2021. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $60,000. The campaign proceeds will be used for equipment, materials, and relocation costs to their own space.
Investment Overview
Not Funded: $3,000
Deal Terms
Total Commitments
- Platform
- Honeycomb
- Start Date
- 05/02/2024
- Close Date
- 05/31/2024
$25,000
$60,000
$100
Debt
Quarterly
RegCF
12.50%
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 +157% YoY
-
$173,517
as of FY2023
- Monthly Burn
-
$1,786
as of FY2023
-
Runway
-
7.6 months
as of FY2023
- Gross Margin
-
84%
as of FY2023
Upgrade to gain access
-
$12.50 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
Kingscrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Ratings 
Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 05/31/2024 | Honeycomb | - | $3,000 | Debt | Not Funded | RegCF |