El Pilon
About this raise
El Pilon is raising funds on Honeycomb. It is a food and beverage business known for producing and selling Colombian gluten-free food in Portland, Oregon. El Pilon mainly sells empanadas and arepas through its own stores and other businesses that carry and sell its products. The business has a loyal customer base and has won awards and mentions for its food products. Fernando Montagut and Martin Montagut founded El Pilon in December 2012. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $30,000. The campaign proceeds will be used for brand signage, purchasing a food cart, a fryer, and a fridge, and miscellaneous expenses.
Investment Overview
Committed : $0
Deal Terms
Total Commitments
- Platform
- Honeycomb
- Start Date
- 05/06/2025
- Close Date
- 06/24/2025
$25,000
$30,000
$100
Debt
Quarterly
RegCF
10.50%
3.0 years
Company & Team
Company
- Year Founded
- 2012
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
- Revenue +87% YoY
-
$508,911
as of FY2024
- Monthly Burn
-
Profitable
as of FY2024
-
Cash on Hand
-
$29,210
as of FY2024
- Gross Margin
-
73%
as of FY2024
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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 |
|---|---|---|---|---|---|---|
| 06/24/2025 | Honeycomb | - | $0 | Debt | Active | RegCF |