Hazlo
About this raise
Hazlo, with a valuation of $5 million, is raising funds on Honeycomb. The company is based in Lake Forest, Illinois, and makes unique non-alcoholic carbonated herbal teas. Hazlo blends the refreshing effervescence of carbonated drinks with the soothing qualities of herbal teas and creates healthy and delicious beverages. Hazlo’s formula was created by Eden Laurin, a James Beard Award winner, and offers a revolutionary beverage experience. Samuel Moore founded Hazlo in September 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 for inventory, new product formulation, website redesign, and sales and marketing.
Investment Overview
Not Funded: $0
Deal Terms
Total Commitments
- Platform
- Honeycomb
- Start Date
- 06/20/2024
- Close Date
- 06/29/2024
$40,000
$75,000
$100
SAFE
RegCF
$5,000,000
20%
Company & Team
Company
- Year Founded
- 2018
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Location
- Denver, Colorado
- Company Website
-
Visit Website
Team
- Employees
- 1
Financials
-
Revenue
- $31,131
- Monthly Burn
- $6,672
-
Runway
- 1.5 months
- Gross Margin
- 14%
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Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 06/29/2024 | Honeycomb | $5,000,000 | $0 | SAFE | Not Funded | RegCF |