Party on Butler
[Closed for Investment] Party on Butler is raising funds on Honeycomb. It is a boutique party store in Pittsburgh, Pennsylvania. The business provides balloon and event decor and sells bespoke party supplies for all party needs. Party on Butler organizes parties and events, including birthday parties and corporate events. The business is planning to open a new location on Butler Street in Lawrenceville, which will include photo opportunities and a maker space to plan the events. Melinda Durham founded Party on Butler in August 2020. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $72,000. The campaign proceeds will be used for merchandising, marketing, van wrap, and debt consolidation.
Investment Overview
Raised: $30,525
Deal Terms
Total Commitments ($USD)
- Platform
- Honeycomb
- Start Date
- 07/27/2022
- Close Date
- 08/30/2022
$25,000
$72,000
$100
Debt
Pre-Seed
RegCF
11.25%
5.0 years
Company & Team
Company
- Year Founded
- 2020
- Industry
- Consumer Products, Goods & Services
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- High
- Capital Intensity
- Low
Financials
-
Revenue
- $55,898
- Monthly Burn
- Profitable
- Cash on Hand
- $4,296
- 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 |
|---|---|---|---|---|---|---|
| 08/30/2022 | Honeycomb | - | $30,525 | Debt | Funded | RegCF |