Fuzzy Monkey Coffee Co.
About this raise
Fuzzy Monkey Coffee Co. is raising funds on Honeycomb. It is a specialty coffee roaster in Slippery Rock, Pennsylvania, known for its quality and sustainability. Fuzzy Monkey Coffee Co. has a direct trade relationship with a woman-owned Colombian coffee plantation and sources and roasts specialty-grade coffee beans. The business plans to open its first brick-and-mortar location and will be the only specialty coffee shop and roaster in Slippery Rock. Douglas Simmons and Brandon Simmons founded Fuzzy Monkey Coffee Co. in November 2018. The current crowdfunding campaign has a minimum target of $40,000 and a maximum target of $75,000. The campaign proceeds will be used to build out the cafe and purchase a new roaster.
Investment Overview
Invested $35,928 :
Deal Terms
Company & Team
Company
- Year Founded
- 2018
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
- Revenue -22.8% YoY
- $18,135
- Monthly Burn
- Profitable
- Cash on Hand
- $20,294
- Gross Margin
- 84%
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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 |
---|---|---|---|---|---|---|
07/18/2024 | Honeycomb | - | $35,928 | Debt | Funded | RegCF |