Lamplighter Lounge
[Closed for Investment] Lamplighter Lounge is raising funds on Honeycomb. It is a vibrant community hub in Memphis, Tennessee, that offers music, artisan markets, drag shows, and open mics. Lamplighter Lounge functions as a DIY space for creative expression and community organizing and remains a beacon for local talent and collaboration. The space has a diverse calendar of types of entertainment and is often talked about in local papers and news. Charles Wenzler and Laurel Cannito founded Lamplighter Lounge in May 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 building and patio improvements, venue production improvements, bathroom improvements, liquor license addition, kitchen renovations, and marketing.
Investment Overview
Raised: $59,750
Deal Terms
Total Commitments ($USD)
- Platform
- Honeycomb
- Start Date
- 09/24/2024
- Close Date
- 12/05/2024
$15,000
$60,000
$100
Debt
Pre-Seed
RegCF
12.00%
3.0 years
Company & Team
Company
- Year Founded
- 2018
- Industry
- Media, Entertainment & Publishing
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
- Revenue +13% YoY
- $203,536
- Monthly Burn
- Profitable
- Cash on Hand
- $4,125
- Gross Margin
- 83%
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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 |
|---|---|---|---|---|---|---|
| 12/05/2024 | Honeycomb | - | $59,750 | Debt | Funded | RegCF |