Loxsmith Bagels
Loxsmith Bagels is raising funds on Honeycomb. The business sells its unique bagels and lox in Seattle, Washington. Loxsmith Bagels’ creations are a fusion of appetizing deli food with Asian cuisine and pay homage to the classics. The menu includes 20 bagels, smoked fish made with wild-caught King Salmon, bagel sandwiches, coffee, and babka. Loxsmith Bagels is focused on quality, value, and Asian-inspired combinations and has been named one of the Top Ten Bagel Shops in Seattle by Eater. Matthew Segal founded Loxsmith Bagels in July 2021. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $30,000. The campaign proceeds will be used to move equipment to the second location.
Investment Overview
Raised: $4,000
Deal Terms
Total Commitments ($USD)
- Platform
- Honeycomb
- Start Date
- 11/13/2024
- Close Date
- 12/15/2024
$25,000
$30,000
$100
Debt
Seed
RegCF
13.25%
3.0 years
Company & Team
Company
- Year Founded
- 2021
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
- Revenue +53% YoY
- $205,888
- Monthly Burn
- Profitable
- Cash on Hand
- $2,449
- Gross Margin
- 74%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No