Humphry Slocombe (2021)

Humphry Slocombe (2021)

About this raise

Humphry Slocombe, an ice cream manufacturing company in San Francisco, CA, is raising funds on SMBX. The company sells its unique and delicious ice creams through four locations in the Bay Area and retail stores, including Whole Foods and Safeway. Jake Godby and Sean Vahey founded Humphry Slocombe in 2008. The current round of crowdfunding has a minimum raise of $250,000 and a maximum raise of $350,000, and the proceeds will be used to refinance existing debt and open a new location in 2021. Humphry Slocombe is known for its unique and unusual flavors of ice creams and has over 300,000 followers on social media. The company has won several awards and features in the national press.

Expand

Investment Overview

Invested this round: $250,000

Deal Terms

Total Commitments

Platform
SMBX
Start Date
01/01/2021
Close Date
03/31/2021
Min. Goal
$225,000
Max Goal
$250,000
Min. Investment

$10

Security Type

Debt

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Company & Team

Company

Year Founded
2014
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
High
Location
San Francisco, California
Business Type
Growth
Company Website
Visit Website

Team

Employees
25
Prior Founder Exits?
No
Founder Name
Jake Godby
Title
Co-Founder
Founder Name
Sean Vahey
Title
Director of Marketing

Financials

 Revenue +19% YoY
$4,788,460
 Monthly Burn
$81,916
 Runway
0.6 months
Gross Margin
54%

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$4,788,460

$4,007,985

COGS

$2,225,899

$1,783,804

Tax

$52,683

$35,798

 

 

Net Income

$-982,992

$-735,573

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$46,079

$25,290

Accounts Receivable

$56,975

$75,322

Total Assets

$1,244,798

$1,489,317

Short-Term Debt

$614,515

$414,633

Long-Term Debt

$578,854

$203,469

Total Liabilities

$1,193,369

$618,102

Create a free account today to gain access to Kingscrowd analytics and financials.

Upgrade to gain access

Pay Monthly
Annually (2 months free)

Edge

$12.50 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific Kingscrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
02/13/2025 SMBX - $247,440 Debt Funded RegCF
03/31/2021 SMBX - $250,000 Debt Funded RegCF
01/15/2020 Wefunder $14,400,000 $281,153 Equity - Common Funded RegCF
Create a free account today to gain access to Kingscrowd analytics.

Growth Charts

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

Founders: enhance your startup's credibility on Kingscrowd. Create an account to claim this raise page.
Add to portfolio
Humphry Slocombe on SMBX
Platform: SMBX
Security Type: Debt

Follow company

Follow Humphry Slocombe on SMBX
View on SMBX

Buy Humphry Slocombe's Deal Report

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

Humphry Slocombe Deal Report

Get Kingscrowd's comprehensive report on Humphry Slocombe including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Humphry Slocombe is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Humphry Slocombe deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge