Figg’s Ordinary
About this raise
Figg’s Ordinary is raising funds on Honeycomb. It is a bakery based in Chestertown, Maryland, known for its gluten-free crackers. It is a dedicated gluten and refined sugar-free bakery and cafe and uses high-quality ingredients to make its bread, pizza crusts, pie shells, muffins, scones, brownies, and cookies. Figg’s Ordinary also serves artisan coffee, teas, organic smoothies, salads, sandwiches, quiches, and soups. Ingrid Hansen founded Figg’s Ordinary in October 2021. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $100,000. The campaign proceeds will be used for employee wages and expenses, insurance, purchasing a floor mixer, small ware and supplies, packaging, website, and working capital.
Investment Overview
Invested : $36,904
Deal Terms
Total Commitments
- Platform
- Honeycomb
- Start Date
- 03/09/2023
- Close Date
- 04/23/2023
$25,000
$100,000
$100
Debt
Quarterly
RegCF
11.50%
5.0 years
Company & Team
Company
- Year Founded
- 2021
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- High
- Capital Intensity
- Low
Financials
-
Revenue
-
$110,007
as of FY2022
- Monthly Burn
-
$4,385
as of FY2022
-
Runway
-
0.7 months
as of FY2022
- Gross Margin
-
71%
as of FY2022
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
Ratings 
Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 04/23/2023 | Honeycomb | - | $36,904 | Debt | Funded | RegCF |