Lucille & Grace
About this raise: Lucille & Grace is raising funds on Honeycomb. It is an online bakery specializing in retail and wholesale customers. Lucille & Grace offers a wide range of products, including gourmet cake jars and cookies, and uses high-quality ingredients to craft its products fresh. The bakery caters to both individual customers and businesses like cafes, restaurants, boutiques, and hotels and provides a perfect blend of quality and convenience. Sherry Murray founded Lucille & Grace in February 2022. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $30,000. The campaign proceeds will be used for marketing and advertising, daily operating expenses, and current debt consolidation.
Investment Overview
Invested : $30,000
Deal Terms
Total Commitments ($USD)
- Platform
- Honeycomb
- Start Date
- 12/11/2024
- Close Date
- 01/11/2025
$25,000
$30,000
$100
Debt
Pre-Seed
RegCF
14.00%
5.0 years
Company & Team
Company
- Year Founded
- 2022
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
-
Revenue
- $14,942
- Monthly Burn
- Profitable
- Cash on Hand
- $839
- Gross Margin
- 61%
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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 |
|---|---|---|---|---|---|---|
| 01/11/2025 | Honeycomb | - | $30,000 | Debt | Funded | RegCF |