Kudo Society
About this raise
Kudo Society is raising funds on Honeycomb. It is a family-owned cafe in Teaneck, New Jersey, that serves the finest coffees and loose-leaf teas. The business imports its coffees from top importers and ensures superior quality drinks, including its specialty drinks and products. Kudo Society also uses high-technology equipment, including hand drip and auto hand drip coffee systems, barista espresso machines, and nitro cold brew equipment, to make the best drinks possible. Cherie Ryu founded Kudo Society in January 2018. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $124,000. The campaign proceeds will be used for outdoor patio expansion, kitchen equipment, marketing and PR, delivery service implementation, and working capital.
Investment Overview
Invested : $55,800
Deal Terms
Total Commitments
- Platform
- Honeycomb
- Start Date
- 11/22/2022
- Close Date
- 01/06/2023
$25,000
$124,000
$100
Debt
Quarterly
RegCF
10.75%
5.0 years
Company & Team
Company
- Year Founded
- 2018
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- High
- Capital Intensity
- Low
Financials
- Revenue +53% YoY
- $616,544
- Monthly Burn
- Profitable
-
Cash on Hand
- $31,797
- Gross Margin
- 62%
Upgrade to gain access
-
$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
Edge
Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 01/06/2023 | Honeycomb | - | $55,800 | Debt | Funded | RegCF |