Honeyfund.com

Honeyfund.com

Early Stage

Honeymoon contribution

Honeymoon contribution

Overview

Raised to Date: Raised: $482,206

Total Commitments ($USD)

Platform

StartEngine

Start Date

11/23/2021

Close Date

08/22/2022

Min. Goal
$9,999
Max. Goal
$3,932,185
Min. Investment

$135

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.80

Pre-Money Valuation

$39,328,992

Rolling Commitments ($USD)

Status
Funded
Reporting Date

08/30/2022

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$1,779

# of Investors

898

Momentum
Funded
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Year Founded

2009

Industry

Consumer Products, Goods & Services

Tech Sector

MarketplaceTech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

Low

Location

Clearwater, Florida

Business Type

Growth

Company Website

Honeyfund.com, with a valuation of $39.3 million, is raising funds on StartEngine. It is a honeymoon wedding gift registry that allows couples to receive financial support from their friends and family for their honeymoon experiences and wedding-related costs. It makes gifting exciting and straightforward. Honeyfund has already funded more than one million couples, with $703 million in gifts from 6.2 million givers. The company is planning to expand into supporting friends and family through life’s milestones and mishaps. Sara Margulis founded Honeyfund.com in 2009. The current crowdfunding campaign has a minimum target of $9,999 and a maximum target of $3,932,184.60. The campaign proceeds will be used for further development of the app, development of a rewards system, and marketing.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$655,108

$1,696,244

COGS

$103,068

$233,197

Tax

$0

$0

 

 

Net Income

$-599,241

$-10,520

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$647,162

$729,547

Accounts Receivable

$0

$25,836

Total Assets

$1,254,055

$1,329,544

Short-Term Debt

$1,225,630

$1,363,353

Long-Term Debt

$542,145

$0

Total Liabilities

$1,767,775

$1,363,353
Financials as of: 11/23/2021
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Honeyfund.com 08/21/2022 StartEngine $39,328,992 $482,206 Equity - Common Funded RegCF
Honeyfund 10/22/2021 StartEngine $19,000,000 $1,067,815 Equity - Common Funded RegCF
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

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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Honeyfund.com on StartEngine 2021
Platform: StartEngine
Security Type: Equity - Common
Valuation: $39,328,992
Price per Share: $1.80

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