Harvie Farms

Harvie Farms

Closed: May. 2021

About this raise: Harvie Farms, a provider of farm-fresh food, is raising funds on Honeycomb. The business connects people with small farms and artisans for their daily requirement of farm-fresh food. The list of articles includes vegetables, fruit, meat, eggs, cheese, bread, coffee, and tea. The members of Harvie Farms receive weekly or bi-weekly customizable boxes of farm-fresh groceries. Simon Huntley founded Harvie Farms in 2006. The current crowdfunding round has a minimum goal of $100,000 and a maximum goal of $600,000, and the funds will be used towards bulk packaging, working capital, and equipment purchases. Harvie Farms currently serves 250 farms and 60,000 end consumers and aims to reach 5 million families by 2030.

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Investment Overview

Invested this round: $253,935

Deal Terms

Total Commitments ($USD)

Platform
Honeycomb
Start Date
03/29/2021
Close Date
05/27/2021
Min. Goal
$100,000
Max. Goal
$600,000
Min. Investment

$100

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Company & Team

Company

Year Founded
2020
Industry
Farming & Agriculture
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
Location
Pittsburgh, Pennsylvania
Business Type
Life Style
Company Website
Visit Website

Team

Employees
40
Prior Founder Exits?
No
Founder Name
Simon Robert Huntley
Title
CEO

Financials

 Revenue
$1,502,876
 Monthly Burn
Profitable
 Cash on Hand
$61,689
Gross Margin
43%

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$1,502,876

$0

COGS

$858,627

$0

Tax

$0

$0

 

 

Net Income

$75,742

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$61,689

$0

Accounts Receivable

$100

$0

Total Assets

$125,742

$0

Short-Term Debt

$0

$0

Long-Term Debt

$50,000

$0

Total Liabilities

$50,000

$0

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
05/27/2021 Honeycomb - $253,935 Debt Funded RegCF
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Harvie Farms on Honeycomb
Platform: Honeycomb
Security Type: Debt

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Warning: according to the close date for this deal, Harvie Farms may no longer be accepting investments.

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