Indian River Pioneer Farms

Indian River Pioneer Farms

Farm

Farm

Overview

Raised to Date: Raised: $2,400

Total Commitments ($USD)

Platform

Honeycomb

Start Date

02/01/2023

Close Date

04/14/2023

Min. Goal
$25,000
Max. Goal
$30,000
Min. Investment

$100

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

13.25%

Term Length

5.0 years

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

04/14/2023

Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise

$34

# of Investors

7

Momentum
Not Funded
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Year Founded

2016

Industry

Farming & Agriculture

Tech Sector

AgriTech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Location

Vero Beach, Florida

Business Type

Life Style

Indian River Pioneer Farms is raising funds on Honeycomb. It is a USDA-recognized farm in Vero Beach, Florida. The farm is used for growing food and creating a farm-to-table wellness system. Indian River Pioneer Farms also functions as an education and training site for people to attend or facilitate classes in healthy eating, agriculture, mindfulness, regenerative farming, and environmental stewardship. Kelly Jackson founded Indian River Pioneer Farms in March 2016. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $30,000. The campaign proceeds will be used for paying off the high tunnel balance and Towerfarm equipment, indoor lighting, electric expenses, irrigation, refrigeration, and water reclamation around high tunnel.

Summary Profit and Loss Statement

FY 2021 FY 2020

Revenue

$24,313

$7,492

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$7,347

$4,666

Summary Balance Sheet

FY 2021 FY 2020

Cash

$650

$8

Accounts Receivable

$0

$0

Total Assets

$7,620

$8

Short-Term Debt

$0

$4,992

Long-Term Debt

$0

$3,178

Total Liabilities

$0

$8,170

Financials as of: 02/01/2023
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Indian River Pioneer Farms on Honeycomb 2023
Platform: Honeycomb
Security Type: Debt

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