d’griot
About this raise: d’griot is raising funds on Honeycomb. It is a community wellness cafe in Philadelphia, Pennsylvania that stands as a homage to African storytellers. d’griot offers nutrient-rich food and beverages, natural medicinal products, and a gallery showcasing local artists so visitors can immerse themselves in past, present, and future narratives. The cafe is a place for communal bonds to strengthen, creativity to flourish, and stories to come alive. Blew Kind founded d’griot in October 2023. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $75,000. The campaign proceeds will be used for outdoor signage, cafe bar installation and equipment, marketing, accounting, patio furniture and construction, security systems and supplies, and inventory.
Investment Overview
Invested : $32,216
Deal Terms
Total Commitments ($USD)
- Platform
- Honeycomb
- Start Date
- 06/24/2024
- Close Date
- 08/16/2024
$25,000
$75,000
$100
Debt
Pre-Seed
RegCF
13.50%
3.0 years
Company & Team
Company
- Year Founded
- 2023
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
-
Revenue
- $8,554
- Monthly Burn
- $1,148
-
Runway
- 0.2 months
- Gross Margin
- 9%
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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 |
|---|---|---|---|---|---|---|
| 08/16/2024 | Honeycomb | - | $32,216 | Debt | Funded | RegCF |