Motor City Popcorn
About this raise
Motor City Popcorn is raising funds on Honeycomb. It is a gourmet popcorn brand in Detroit, Michigan. Motor City Popcorn offers a wide variety of popcorn and an assortment of flavors featuring Detroit-themed names like The Big 3, The 8 Mile Mix, and The Motor City Mix. The business caters to wholesale and retail and has also collaborated with prominent brands like Domino’s, Comcast, and Hennessy Moet. Ronier Golightly founded Motor City Popcorn in October 2013. 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 marketing and buildout of the new location.
Investment Overview
Not Funded: $3,561
Deal Terms
Total Commitments
- Platform
- Honeycomb
- Start Date
- 07/16/2024
- Close Date
- 08/15/2024
$25,000
$50,000
$100
Debt
Quarterly
RegCF
12.50%
3.0 years
Company & Team
Company
- Year Founded
- 2013
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
- Revenue +56% YoY
-
$189,360
as of FY2023
- Monthly Burn
-
Profitable
as of FY2023
-
Cash on Hand
-
$50,232
as of FY2023
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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 |
|---|---|---|---|---|---|---|
| 08/15/2024 | Honeycomb | - | $3,561 | Debt | Not Funded | RegCF |