This company is no longer in business. Investors can get details about any potential exits or failures here.

Needfire Candle Co

Needfire Candle Co

Retail Shop

Retail Shop


Raised this Round: Raised: $26,126

Total Commitments ($USD)



Start Date


Close Date


Min. Goal
Max. Goal
Min. Investment


Security Type




SEC Filing Type

RegCF    Open SEC Filing

Interest Rate


Term Length

5.0 years

Year Founded



Consumer Products, Goods & Services

Tech Sector


Distribution Model




Capital Intensity



Portland, Maine

Business Type

Life Style

Needfire Candle is raising funds on Honeycomb. It is a candle manufacturing and design brand that sells ethically produced and sustainably sourced candles. The business creates candles that are made using non-toxic materials and sells through its brick-and-mortar location, wholesale, and e-commerce. Needfire Candle plans to include more projects, including Glamour Magick kits, stearic wax candles, and a ceramic Christmas collection. Minta Carlson and Timothy Bielec founded Needfire Candle in July 2020. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $100,000. The campaign proceeds will be used for inventory, building out new space, workshop upgrades, materials, marketing, holiday line materials, new projects, and working capital.

Summary Profit and Loss Statement

Most Recent Year Prior Year












Net Income



Summary Balance Sheet

Most Recent Year Prior Year




Accounts Receivable



Total Assets



Short-Term Debt



Long-Term Debt



Total Liabilities



Financials as of: 05/24/2022
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Needfire Candle on Honeycomb 2022
Platform: Honeycomb
Security Type: Debt

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