Olinthus

Olinthus

Open  for investment

About this raise

Olinthus is raising funds on Honeycomb. It is a creative hardware company in Los Angeles, California that specializes in unique musical products. Olinthus creates musical instruments that combine artistic expression with engineering innovation and focus on utility and design. The company’s debut product, the CICADA, is the world’s smallest analog guitar effects pedal inspired by classic circuits and built for modern musicians. Charles Etienne and Ethan Tufts founded Olinthus in April 2023. 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 additional product inventory and marketing spending for the second product release.

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Investment Overview

Committed this round: $0

Deal Terms

Total Commitments

Platform
Honeycomb
Start Date
05/09/2025
Close Date
06/13/2025
Min. Goal
$25,000
Max Goal
$50,000
Min. Investment

$100

Security Type

Debt

Payment Schedule

Quarterly

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

12.50%

Term Length

3.0 years

Company & Team

Company

Year Founded
2023
Industry
Consumer Products, Goods & Services
Tech Sector
Retailtech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
Location
Studio City, California
Business Type
Life Style
Company Website
Visit Website

Team

Employees
2
Prior Founder Exits?
No
Founder Name
Charles Etienne
Title
Development & Manufacturing
Founder Name
Ethan Tufts
Title
Marketing & Sales

Funding data not publicly available

Financials

 Revenue
$73,453
as of FY2024
 Monthly Burn
$8,768
as of FY2024
 Runway
2.3 months
as of FY2024
 Gross Margin
100%
as of FY2024

Summary Profit and Loss Statement

FY 2024 FY 2023

Revenue

$73,453

$0

COGS

$281

$240

Tax

$0

$0

 

 

Net Income

$-105,214

$-54,390

Summary Balance Sheet

FY 2024 FY 2023

Cash

$20,518

$17,601

Accounts Receivable

$0

$0

Total Assets

$20,518

$17,601

Short-Term Debt

$13,543

$2,091

Long-Term Debt

$0

$0

Total Liabilities

$13,543

$2,091

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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
06/13/2025 Honeycomb - $0 Debt Active RegCF
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Olinthus on Honeycomb 2025
Platform: Honeycomb
Security Type: Debt

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