Lokal Spot Events
Lokal Spot Events is raising funds on Honeycomb. It is an intimate speakeasy-style event space in Oxon Hill, Maryland. Lokal Spot Events specializes in decor, bar, and catering and provides a one-stop solution for clients looking to host memorable events. The business hosts birthdays, weddings, baby showers, and corporate gatherings and offers a well-coordinated event space with minimal planning time and more focus on celebrating the events. Zuri Ferguson founded Lokal Spot Events in January 2022. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $50,000. The campaign proceeds will be used for advertising, new space updates, bathroom updates, and new space equipment.
Investment Overview
Raised: $2,050
Deal Terms
Total Commitments ($USD)
- Platform
- Honeycomb
- Start Date
- 11/14/2024
- Close Date
- 12/26/2024
$25,000
$50,000
$100
Debt
Pre-Seed
RegCF
12.75%
3.0 years
Company & Team
Company
- Year Founded
- 2022
- Industry
- Media, Entertainment & Publishing
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Low
- Capital Intensity
- High
Financials
- Revenue +215% YoY
- $92,745
- Monthly Burn
- $2,629
-
Runway
- 8 months
- Gross Margin
- 43%
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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 |
|---|---|---|---|---|---|---|
| 12/26/2024 | Honeycomb | - | $2,050 | Debt | Active | RegCF |