Moy Bien Tea
About this raise
Moy Bien is raising funds on Honeycomb. It is a mother-daughter organic loose leaf tea blend company based in North Philadelphia. Moy Bien has developed a line of herbal teas that are not only good for you but also inspire communities to come together. As part of their mission, Moy Bien donates 5% of their profits to non-profit organizations focused on making a difference. Faybein Moy and daughter Jasmin-Ayana Moy founded Moy Bien in 2020. 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 purchasing more inventory of our herbal, loose leaf teas.
Investment Overview
Invested : $35,450
Deal Terms
Total Commitments
- Platform
- Honeycomb
- Start Date
- 12/21/2022
- Close Date
- 02/24/2023
$25,000
$50,000
$100
Debt
Pre-Seed
RegCF
13.75%
5.0 years
Company & Team
Company
- Year Founded
- 2021
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- Low
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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 |
|---|---|---|---|---|---|---|
| 02/24/2023 | Honeycomb | - | $35,450 | Debt | Funded | RegCF |