Olive & Poppy Bakery
About this raise: Olive & Poppy Bakery is raising funds on Honeycomb. It is an Italian-inspired home bakery in El Paso, Texas. Olive & Poppy Bakery draws inspiration from the rich and simple flavors of Italy and creates its food using premium quality ingredients and authentic flavors. The bakery specializes in a variety of Italian desserts, including its signature Olive & Poppy cake and homemade gelato, and has garnered rave reviews for its offerings. Brian Aguirre founded Olive & Poppy Bakery in September 2023. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $27,000. The campaign proceeds will be used to rent a commercial kitchen space, purchase baking equipment, purchase a cold storage unit for markets, expand and refine the product line, and fund packaging, branding, and marketing.
Investment Overview
Not Funded: $2,650
Deal Terms
Total Commitments ($USD)
- Platform
- Honeycomb
- Start Date
- 04/26/2024
- Close Date
- 05/25/2024
$25,000
$27,000
$100
Debt
Pre-Seed
RegCF
13.50%
3.0 years
Company & Team
Company
- Year Founded
- 2023
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
-
Revenue
- $1,609
- Monthly Burn
- Profitable
- Cash on Hand
- $900
- Gross Margin
- 68%
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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 |
|---|---|---|---|---|---|---|
| 05/25/2024 | Honeycomb | - | $2,650 | Debt | Not Funded | RegCF |