About this raise: Ferguson Farms is raising funds on Honeycomb. It is a family-owned and operated farm based in Plant City, Florida, known for its high-quality meat, poultry products, and seafood. Ferguson Farms raises the animals ethically and ships its products, including beef, elk, bison, chicken, and seafood, nationwide. The products of Ferguson Farms are also free from GMOs, antibiotics, hormones, and other harmful additives and are certified by the Global Animal Partnership and the non-GMO Project. Kamau Ferguson and Pennie Ferguson founded Ferguson Farms in June 2021. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $50,000. The campaign proceeds will be used for additional refrigeration, a commercial kitchen, equipment, and a metal warehouse and infrastructure.
Investment Overview
Invested : $44,201
Deal Terms
Total Commitments ($USD)
- Platform
- Honeycomb
- Start Date
- 06/25/2024
- Close Date
- 07/24/2024
$25,000
$50,000
$100
Debt
Seed
RegCF
11.50%
3.0 years
Company & Team
Company
- Year Founded
- 2021
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
- Revenue -42.9% YoY
- $66,866
- Monthly Burn
- $1,402
-
Runway
- 13.6 months
- Gross Margin
- 12%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No