Hard Pressed
Hard Pressed is raising funds on Honeycomb. It is a food cart in Jacksonville, Florida, specializing in smash burgers. Hard Pressed is known for its juicy and flavourful burgers that feature a white sauce and jalapeño blend, customizable with cheese. The business has served the Jacksonville Jaguars and other prominent city figures, earned second place in Folio Magazine’s “Best of Jax” for burgers, and has consistently good feedback on Google and social media. Edward Evans and Justin Pa’ala founded Hard Pressed in January 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 to purchase a food truck.
Investment Overview
Raised: $24,100
Deal Terms
Total Commitments ($USD)
- Platform
- Honeycomb
- Start Date
- 11/20/2024
- Close Date
- 12/30/2024
$25,000
$50,000
$100
Debt
Pre-Seed
RegCF
12.75%
5.0 years
Company & Team
Company
- Year Founded
- 2021
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
- Revenue +587% YoY
- $164,129
- Monthly Burn
- Profitable
- Cash on Hand
- $20,594
- Gross Margin
- 67%
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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 |
|---|---|---|---|---|---|---|
| 12/30/2024 | Honeycomb | - | $24,100 | Debt | Active | RegCF |