LoveHER Retreats

LoveHER Retreats

Closed: May. 2024

About this raise

LoveHER Retreats is raising funds on Honeycomb. The company offers transformative wellness retreat experiences in Houston, Texas. LoveHER Retreats’ offerings include wellness practices like yoga, meditation, health-focused workshops, and sound therapy. The business has partnerships with several wellness practitioners and organizations and brings a variety of healing modalities and insights into its retreat offerings. Raquel Nweze founded LoveHER Retreats in January 2019. 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 hiring staff, marketing, and professional support.

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Investment Overview

Not Funded: $8,150

Deal Terms

Total Commitments

Platform
Honeycomb
Start Date
03/19/2024
Close Date
05/03/2024
Min. Goal
$25,000
Max Goal
$50,000
Min. Investment

$100

Security Type

Debt

Payment Schedule

Quarterly

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

13.50%

Term Length

3.0 years

Company & Team

Company

Year Founded
2019
Industry
Fitness & Wellness
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
Location
Houston, Texas
Business Type
Life Style
Company Website
Visit Website

Team

Employees
1
Prior Founder Exits?
No
Founder Name
Raquel Nweze
Title
CEO/CFO

Financials

 Revenue +260% YoY
$192,091
as of FY2023
 Monthly Burn
Profitable
as of FY2023
 Cash on Hand
$10,766
as of FY2023

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$192,091

$53,384

COGS

$0

$3,793

Tax

$0

$0

 

 

Net Income

$889

$-12,510

Summary Balance Sheet

FY 2023 FY 2022

Cash

$10,766

$11,001

Accounts Receivable

$0

$0

Total Assets

$10,766

$11,001

Short-Term Debt

$4,444

$7,730

Long-Term Debt

$0

$0

Total Liabilities

$4,444

$7,730

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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
05/03/2024 Honeycomb - $8,150 Debt Not Funded RegCF
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LoveHER Retreats on Honeycomb 2024
Platform: Honeycomb
Security Type: Debt

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

LoveHER Retreats Deal Report

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