Harvie

Harvie

Farm

Farm

Overview

Raised this Round: Raised: $124,000

Total Commitments ($USD)

Platform

Honeycomb

Start Date

11/23/2022

Close Date

01/09/2023

Min. Goal
$25,000
Max. Goal
$124,000
Min. Investment

$100

Security Type

Debt

Payment Schedule

Monthly

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

11.25%

Term Length

5.0 years

Year Founded

2015

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Location

Pittsburgh, Pennsylvania

Harvie is raising funds on Honeycomb. It is an online-only home-delivered grocery service in Pittsburgh, Pennsylvania. The service provides its subscribers access to a selection of over 600 products sourced from local farms and producers. Harvie also has its own fleet of delivery trucks to deliver the products to customers’ homes. The business has a loyal customer base and has been voted the number one grocery service by Pittsburgh City Paper in 2021. Simon Huntley founded Harvie in January 2015. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $124,000. The campaign proceeds will be used for growth marketing, distribution center equipment, and bulk packaging.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$6,612,182

$1,502,876

COGS

$3,239,157

$858,627

Tax

$0

$0

 

 

Net Income

$-439,667

$75,742

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$403,925

$61,689

Accounts Receivable

$0

$100

Total Assets

$403,925

$125,742

Short-Term Debt

$87,020

$0

Long-Term Debt

$247,395

$50,000

Total Liabilities

$334,415

$50,000

Financials as of: 11/23/2022
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Harvie 03/13/2023 Honeycomb - $127,075 Debt Funded RegCF
Harvie 01/08/2023 Honeycomb - $124,000 Debt Funded RegCF
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Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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Harvie on Honeycomb 2022
Platform: Honeycomb
Security Type: Debt

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