Kravegan

Kravegan

Closed: Jul. 2022

About this raise

Kravegan is raising funds on Honeycomb. The restaurant is located in Orange Park, Florida, and sells 100% vegan and plant-based foods, desserts, and sauces. The menu of Kravegan is bold and impeccably delicious and devoid of MSG, chemicals, corn syrup, and preservatives. Kravegan has a loyal customer base and has been voted the winner of the JAX Best Vegan Restaurant award for 2021. LaTasha Kaiser founded Kravegan in March 2018. The current crowdfunding campaign has a minimum target of $40,000 and a maximum target of $200,000. The campaign proceeds will be used for operations, marketing, logistics and shipping, labels, and sauce production.

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Investment Overview

Invested this round: $51,500

Deal Terms

Total Commitments

Platform
Honeycomb
Start Date
05/10/2022
Close Date
07/05/2022
Min. Goal
$40,000
Max Goal
$200,000
Min. Investment

$100

Security Type

Debt

SEC Filing Type

RegCF    Open SEC Filing

Company & Team

Company

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

Team

Employees
12
Prior Founder Exits?
No
Founder Name
LaTasha Laiser
Title
CEO

Financials

 Revenue +85% YoY
$455,885
 Monthly Burn
Profitable
 Cash on Hand
$977
 Gross Margin
79%

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$455,885

$246,875

COGS

$93,738

$51,015

Tax

$0

$0

 

 

Net Income

$46,712

$-20,379

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$977

$1,475

Accounts Receivable

$515

$0

Total Assets

$123,758

$117,408

Short-Term Debt

$45,173

$0

Long-Term Debt

$75,145

$51,318

Total Liabilities

$120,318

$51,318

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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
07/05/2022 Honeycomb - $51,500 Debt Funded RegCF
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Kravegan on Honeycomb 2022
Platform: Honeycomb
Security Type: Debt

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

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