About this raise
Hieber’s Pharmacy is raising funds on Honeycomb. It is the oldest compounding pharmacy in Pittsburgh, Pennsylvania, and has a rich heritage. Hieber’s Pharmacy is a unique blend of traditional pharmacy services and specialized compounding and serves a diverse clientele. The business provides a combination of modern pharmacy services with a nostalgic soda fountain and has made significant historical contributions. Rosemary Mihalko founded Hieber’s Pharmacy in April 2019. The current crowdfunding campaign has a minimum target of $35,000 and a maximum target of $75,000. The campaign proceeds will be used for inventory, construction costs, hiring and staffing, and working capital.
Investment Overview
Invested : $75,000
Deal Terms
Total Commitments
- Platform
- Honeycomb
- Start Date
- 01/11/2024
- Close Date
- 02/25/2024
$35,000
$75,000
$100
Debt
Quarterly
RegCF
10.00%
3.0 years
Company & Team
Company
- Year Founded
- 2019
- Industry
- Healthcare & Pharmaceuticals
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- High
Financials
- Revenue -1.9% YoY
-
$1,206,050
as of FY2022
- Monthly Burn
-
Profitable
as of FY2022
-
Cash on Hand
-
$32,703
as of FY2022
- Gross Margin
-
68%
as of FY2022
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No