et Oliva

et Oliva

Early Stage

Consumer Packaged Goods

Consumer Packaged Goods

Overview

Raised to Date: Raised: $1,350

Total Commitments ($USD)

Platform

Honeycomb

Start Date

09/14/2023

Close Date

11/30/2023

Min. Goal
$30,000
Max. Goal
$60,000
Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$4,000,000

Discount

20%

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

11/29/2023

Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise

$18

# of Investors

2

Momentum
Not Funded
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Year Founded

2021

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Location

Washington, District of Columbia

Business Type

Growth

et Oliva, valued at $4 million, is raising funds on Honeycomb. It is a specialty food company featuring flavors of the Mediterranean. et Oliva brings artisan flavors to the table with its product line that includes Fig & Olive Jam, Red Pepper Spread, Olive Tapenade, and two varieties of Turkish Lavosh Crackers. The aim of et Oliva is to let the taste of its products tell a unique story of the Mediterranean experience through its attention to detail and high-quality products. Patrick Karsu founded et Oliva in March 2021. 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 inventory and debt refinancing.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$26,993

$10,313

COGS

$40,162

$9,015

Tax

$0

$0

 

 

Net Income

$-146,565

$-11,394

Summary Balance Sheet

FY 2022 FY 2021

Cash

$0

$13,031

Accounts Receivable

$8,578

$3,168

Total Assets

$24,282

$18,712

Short-Term Debt

$14,156

$0

Long-Term Debt

$140,000

$0

Total Liabilities

$154,156

$0

Financials as of: 09/14/2023
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
et Oliva 11/29/2023 Honeycomb $4,000,000 $1,350 SAFE Not Funded RegCF
et Oliva 02/10/2023 SMBX - $61,360 Debt Funded RegCF
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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et Oliva on Honeycomb 2023
Platform: Honeycomb
Security Type: SAFE
Valuation: $4,000,000

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