Diga Coffee Bar

Diga Coffee Bar

Open  for investment

About this raise

Diga Coffee Bar is raising funds on Honeycomb. It is a mobile coffee business in Lutherville Timonium, Maryland, with a diverse menu. Diga Coffee Bar’s offerings include pastries, paninis, smoothies, specialty coffee drinks, and other breakfast items. The business has a loyal customer base with brand visibility in events and weekend popups. It has also been featured on several social media platforms, with positive customer reviews on Google and other platforms. Khadiga Elshawarby founded Diga Coffee Bar in November 2023. The current crowdfunding campaign has a minimum target of $30,000 and a maximum target of $60,000. The campaign proceeds will be used for seating furniture, an oven, and working capital.

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Investment Overview

Committed this round: $3,950

Deal Terms

Total Commitments

Platform
Honeycomb
Start Date
03/03/2025
Close Date
04/03/2025
Min. Goal
$30,000
Max Goal
$60,000
Min. Investment

$100

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

13.25%

Term Length

5.0 years

Company & Team

Company

Year Founded
2023
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
Location
Lutherville Timonium, Maryland
Business Type
Life Style
Company Website
Visit Website

Team

Employees
3
Prior Founder Exits?
No
Founder Name
Khadiga Elshawarby
Title
Owner

Financials

as of Fiscal Year 2024
 Revenue +336% YoY
$103,700
 Monthly Burn
Profitable
 Cash on Hand
$31,541
Gross Margin
83%

Summary Profit and Loss Statement

FY 2024 FY 2023

Revenue

$103,700

$23,778

COGS

$18,000

$5,569

Tax

$0

$0

 

 

Net Income

$7,700

$7,405

Summary Balance Sheet

FY 2024 FY 2023

Cash

$31,541

$0

Accounts Receivable

$0

$0

Total Assets

$159,041

$130,569

Short-Term Debt

$14,198

$17,100

Long-Term Debt

$0

$0

Total Liabilities

$14,198

$17,100

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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
04/03/2025 Honeycomb - $3,950 Debt Active RegCF
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Diga Coffee Bar on Honeycomb 2025
Platform: Honeycomb
Security Type: Debt

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