Elaka Treats
About this raise
Elaka Treats is raising funds on Honeycomb. It is an artisanal frozen dessert brand based in Greensboro, North Carolina. Elaka Treats makes all-natural and sustainable treats and captures regional flavors like they would be made at home. The business is looking to set up a scaleable frozen dessert brand by using a regionally-sourced procurement process, regional distribution networks, and a regional manufacturing facility. Shafna Shamsuddin founded Elaka Treats in July 2019. The current crowdfunding campaign has a minimum target of $35,000 and a maximum target of $75,000. The campaign proceeds will be used to renovate the production space, purchase mobile dry ice insulated containers for distribution, and fund the lease signing expense.
Investment Overview
Committed $11,150 :
Deal Terms
Company & Team
Company
- Year Founded
- 2019
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Low
- Capital Intensity
- High
Financials
- Revenue -14.2% YoY
- $18,405
- Monthly Burn
- Profitable
- Cash on Hand
- $6,453
- Gross Margin
- 53%
Upgrade to gain access
-
$12.50 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
Kingscrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
02/26/2025 | Honeycomb | - | $11,150 | Debt | Active | RegCF |