Parklife
About this raise: Parklife is raising funds on Honeycomb. It is a bar and restaurant in Brooklyn, New York, serving craft beer, artisanal tacos, and cocktails. Parklife also functions as a live performance venue that hosts regional, national, and international musicians and keeps the city alive. The business has been voted as one of the best outdoor bars, one of the best restaurants, and one of the top 15 things to do in New York and has received several press mentions. Scott Koshnoodi and Julie Kim founded Parklife in May 2008. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $100,000. The campaign proceeds will be used for a food cart, equipment, hiring a graphics designer and a brand manager, packaging, and operating capital.
Investment Overview
Committed : $12,483
Deal Terms
Total Commitments ($USD)
- Platform
- Honeycomb
- Start Date
- 12/20/2024
- Close Date
- 02/20/2025
$50,000
$100,000
$100
Debt
Pre-Seed
RegCF
12.50%
3.0 years
Company & Team
Company
- Year Founded
- 2008
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
- Revenue +6% YoY
- $1,423,209
- Monthly Burn
- $4,761
-
Runway
- 2.5 months
- Gross Margin
- 74%
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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 |
|---|---|---|---|---|---|---|
| 02/20/2025 | Honeycomb | - | $12,483 | Debt | Active | RegCF |