Jupiter Moon Ice Cream

Jupiter Moon Ice Cream

Closed: Jun. 2024

About this raise

Jupiter Moon Ice Cream is raising funds on Honeycomb. It is a creamery located in St. Joseph, Minnesota, known for its small-batch ice cream. Jupiter Moon Ice Cream makes its ice cream using premium ingredients and boasts an array of over 100 unique flavors. The business also bakes its own waffle cones and welcomes families, friends, and individuals for happy experiences. David Boyer founded Jupiter Moon Ice Cream in September 2018. The current crowdfunding campaign has a minimum target of $30,000 and a maximum target of $60,000. The campaign proceeds will be used for remodeling, purchasing new equipment, marketing, and signage.

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Investment Overview

Invested this round: $36,250

Deal Terms

Total Commitments

Platform
Honeycomb
Start Date
05/14/2024
Close Date
06/13/2024
Min. Goal
$30,000
Max Goal
$60,000
Min. Investment

$100

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

12.00%

Term Length

3.0 years

Company & Team

Company

Year Founded
2018
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
Location
Saint Joseph, Minnesota
Business Type
Life Style
Company Website
Visit Website

Team

Employees
20
Prior Founder Exits?
No
Founder Name
David Boyer
Title
CEO

Financials

as of Fiscal Year 2023
 Revenue +36% YoY
$446,392
 Monthly Burn
$1,938
 Runway
10.9 months
Gross Margin
79%

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$446,392

$327,921

COGS

$92,773

$100,908

Tax

$0

$0

 

 

Net Income

$-23,260

$-116,825

Summary Balance Sheet

FY 2023 FY 2022

Cash

$21,052

$18,951

Accounts Receivable

$0

$0

Total Assets

$146,981

$52,638

Short-Term Debt

$15,416

$24,179

Long-Term Debt

$169,226

$186,520

Total Liabilities

$184,642

$210,699

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
06/13/2024 Honeycomb - $36,250 Debt Funded RegCF
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Jupiter Moon Ice Cream on Honeycomb 2024
Platform: Honeycomb
Security Type: Debt

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Warning: according to the close date for this deal, Jupiter Moon Ice Cream may no longer be accepting investments.

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