Noble Pies


About this raise: Noble Pies, a pie bakery and farm in New York, is raising crowdfunding on Honeycomb. The bakery makes award-winning sweet and savory pies fresh every day. The pies are made using fresh, highest-quality, and locally sourced ingredients. Leslie and Tom Noble founded Noble Pies in 2009. The current crowdfunding campaign has a minimum raise of $50,000 and a maximum raise of $110,000. The proceeds will target opening a new location, purchasing a delivery vehicle, and marketing costs. Noble Pies is a locally-grown business with a loyal customer base. The flavorful pies of Noble Pies are loved by customers ranging from toddlers to octogenarians.

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Investment Overview

Invested this round: $92,900

Deal Terms

Total Commitments ($USD)

Platform
Honeycomb
Start Date
04/06/2021
Close Date
05/25/2021
Min. Goal
$50,000
Max. Goal
$110,000
Min. Investment

$100

Security Type

Debt

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Company & Team

Company

Year Founded
2009
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
High
Location
Warwick, New York
Business Type
Life Style
Company Website
Visit Website

Team

Employees
9
Prior Founder Exits?
No
Founder Name
Tom Herman
Title
Owner
Founder Name
Leslie Noble
Title
Owner and CEO

Financials

 Revenue +62% YoY
$444,368
 Monthly Burn
Profitable
 Cash on Hand
$3,480
Gross Margin
56%

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$444,368

$273,708

COGS

$194,832

$54,008

Tax

$0

$0

 

 

Net Income

$14,553

$95,945

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$3,480

$0

Accounts Receivable

$0

$0

Total Assets

$96,323

$0

Short-Term Debt

$23,728

$0

Long-Term Debt

$0

$0

Total Liabilities

$23,728

$0

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/05/2024 MainVest - $2,700 Revenue Share Not Funded RegCF
05/10/2022 Honeycomb - $39,250 Debt Funded RegCF
05/25/2021 Honeycomb - $92,900 Debt Funded RegCF
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Growth Charts

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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Noble Pies on Honeycomb
Platform: Honeycomb
Security Type: Debt

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Warning: according to the close date for this deal, Noble Pies may no longer be accepting investments.

Noble Pies Deal Report

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