Decaffe Republic
About this raise
Decaffe Republic is raising funds on Honeycomb. The company roasts premium decaf coffee for coffee lovers sensitive to caffeine. Decaffe Republic is based in Mount Joy, Pennsylvania, and offers a selection of naturally decaffeinated beans roasted to perfection. The business supports local farmers by sourcing their coffee beans from them and is also dedicated to sustainability. Nicholas Cannistraci founded Decaffe Republic in January 2021. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $27,000. The campaign proceeds will be used for a coffee roaster, a mobile coffee cart, and other equipment.
Investment Overview
Not Funded: $2,475
Deal Terms
Total Commitments
- Platform
- Honeycomb
- Start Date
- 04/25/2024
- Close Date
- 05/24/2024
$25,000
$27,000
$100
Debt
Pre-Seed
RegCF
13.00%
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 -47.2% YoY
- $2,174
- Monthly Burn
- $137
-
Runway
- 7.3 months
- Gross Margin
- 79%
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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 |
|---|---|---|---|---|---|---|
| 05/24/2024 | Honeycomb | - | $2,475 | Debt | Not Funded | RegCF |