East Denver Food Hub
East Denver Food Hub is raising funds on Honeycomb. The food supply company in Denver, Colorado, partners with small and mid-sized family farms to tackle food insecurity. East Denver Food Hub prioritizes support for farmers of color and other socially disadvantaged growers and uplifts the farms by opening new market opportunities. The business has partnered with over 30 nonprofits to deliver fresh food to underserved communities and has major partnerships with Sodexo, Aramark, and others to deliver locally sourced food on a large scale. David Demerling and Roberto Meza founded East Denver Food Hub in July 2020. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $35,000. The campaign proceeds will be used for rebranding, marketing and advertising, and working capital.
Investment Overview
Raised: $17,511
Deal Terms
Total Commitments ($USD)
- Platform
- Honeycomb
- Start Date
- 11/14/2024
- Close Date
- 12/27/2024
$25,000
$35,000
$100
Debt
Pre-Seed
RegCF
13.75%
3.0 years
Company & Team
Company
- Year Founded
- 2020
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
- Revenue +35% YoY
- $1,916,781
- Monthly Burn
- $8,973
-
Runway
- 11.9 months
- Gross Margin
- 31%
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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 |
|---|---|---|---|---|---|---|
| 12/27/2024 | Honeycomb | - | $17,511 | Debt | Active | RegCF |