Drewish Deli
About this raise
Drewish Deli is raising funds on Honeycomb. It is a traditional Jewish deli in Healdsburg, California, renowned for its homemade offerings. Drewish Deli sells delicacies like bagels, pastrami, lox, matzo ball soup, and knishes and serves as a must-visit place for both locals and tourists. The business has received the Best New Business award from the Healdsburg Chamber of Commerce and was featured in the June edition of Wine Spectator magazine. Drew Ross founded Drewish Deli in June 2019. 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 marketing, additional indoor seating and outdoor heat lamps, refinancing high-interest debt, and working capital.
Investment Overview
Invested : $30,000
Deal Terms
Total Commitments
- Platform
- Honeycomb
- Start Date
- 07/09/2024
- Close Date
- 08/21/2024
$30,000
$60,000
$100
Debt
Quarterly
RegCF
12.00%
3.0 years
Company & Team
Company
- Year Founded
- 2019
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
- Revenue +47% YoY
-
$513,750
as of FY2023
- Monthly Burn
-
$5,486
as of FY2023
-
Cash on Hand
-
$18,722
as of FY2023
- Gross Margin
-
77%
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 |
|---|---|---|---|---|---|---|
| 08/21/2024 | Honeycomb | - | $30,000 | Debt | Funded | RegCF |