Peer Pantry
A health & wellness alternative products and services brand
Overview
Raised: $13,025
Total Commitments ($USD)
Platform
Honeycomb
Start Date
06/01/2020
Close Date
07/20/2020
Min. Goal
$10,000
Max. Goal
$25,000
Min. Investment
$100
Security Type
Debt
Series
Pre-Seed
SEC Filing Type
RegCF
Rolling Commitments ($USD)
Status
Funded
Reporting Date
08/01/2020
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$271
# of Investors
30
Momentum
Funded
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Year Founded
2018
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
Peer Pantry, a health and wellness brand, is raising funds on Honeycomb. The company makes healthy and natural products, free of dairy, gluten, soy, and grains. Peer Pantry products include plant-based sauces and custom meal preps focused on dietary restrictions, allergens, and wellness goals. Peer Pantry was founded by Marcus Coleman in 2017. The current round of crowdfunding has a minimum goal of $10,000 and a maximum goal of $25,000, and the funds will be used for trade shows and inventory purchasing. Peer Pantry stands out because of its uniqueness, creativity, taste, quality, and emphasis on health and wellness. The company plans to expand in both retail and foodservice, with its products already in stores and being used by restaurants.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$42,578 |
$15,000 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-9,489 |
$-21,416 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$1,173 |
$10,662 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$-5,905 |
$3,584 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 06/01/2020
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