LoveLee Wine

LoveLee Wine

Closed: Mar. 2025

About this raise

LoveLee Wine is raising funds on Honeycomb. The winery is based in Orange, New Jersey, and is known for crafting premium California wines. LoveLee Wine’s carefully curated selection of wines reflects the business’s focus on quality and passion for the craft of winemaking and has customers ranging from beginners to seasoned connoisseurs. The winery has been featured in Forbes, NJ Mom, Edible Jersey, Fox 5, and The Washington Post and won several awards. Aamira Garba founded LoveLee Wine in June 2016. 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 wine production, marketing, PR, admin services, and debt refinancing.

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Investment Overview

Not Funded: $2,152

Deal Terms

Total Commitments ($USD)

Platform
Honeycomb
Start Date
01/27/2025
Close Date
03/07/2025
Min. Goal
$25,000
Max Goal
$50,000
Min. Investment

$100

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

13.00%

Term Length

3.0 years

Company & Team

Company

Year Founded
2016
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
Location
Orange, New Jersey
Business Type
Life Style
Company Website
Visit Website

Team

Employees
1
Prior Founder Exits?
No
Founder Name
Aamira Garba
Title
CEO and Winemaker

Financials

as of Fiscal Year 2023
 Revenue -86% YoY
$793
 Monthly Burn
$1,628
 Runway
0.3 months

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$793

$5,673

COGS

$878

$2,830

Tax

$0

$0

 

 

Net Income

$-19,536

$-4,830

Summary Balance Sheet

FY 2023 FY 2022

Cash

$457

$714

Accounts Receivable

$0

$0

Total Assets

$19,751

$714

Short-Term Debt

$22,912

$22,016

Long-Term Debt

$16,000

$0

Total Liabilities

$38,912

$22,016

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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
03/07/2025 Honeycomb - $2,152 Debt Not Funded RegCF
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LoveLee Wine on Honeycomb 2025
Platform: Honeycomb
Security Type: Debt

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

LoveLee Wine Deal Report

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