Pip & Lola's

Early Stage

Handmade soap company

Analytics

Raised to Date: Raised: $15,500

Aggregate Commitments $

Platform

Honeycomb

Start Date

12/13/2021

Close Date

01/12/2022

Min. Goal

$15,000

Max. Goal

$16,000

Min. Investment

$100

Security Type

Debt

Funding Type

RegCF

Series

Pre-Seed

Rolling Commitments $

Status
Funded
Reporting Date

01/31/2022

Days Remaining
Funded
% of Min. Goal

103%

% of Max. Goal

97%

Likelihood of Max
Funded
Avg. Daily Raise

$517

Momentum
Funded
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Location

Pittsburgh, Pennsylvania

Industry

Beauty & Personal Care

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Business Type

Life Style

Pip & Lola’s, a handmade soap company in Pennsylvania, is raising crowdfunding on Honeycomb. The company makes barely-scented vegan and vegetarian soaps using natural plant and vegetable oils, botanicals, and natural essential oils. Samantha Story-Camp and Bruce Story-Camp founded Pip & Lola’s in 2011. The proceeds of the current crowdfunding campaign, with a minimum target of $15,000 and a maximum target of $16,000, will be used towards a retail build out. Pip & Lola’s has high demand and was voted Best Beauty Supply Store by Pittsburgh Magazine. The company also works towards the community by donating one bar of soap for every two items sold per month.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$91,000

$85,995

COGS

$23,405

$12,596

Tax

$0

$0

 

 

Net Income

$8,742

$31,759

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$29,663

$26,318

Accounts Receivable

$0

$0

Total Assets

$29,663

$26,318

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 12/13/2021
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Pip & Lola's 01/12/2022 Honeycomb - $15,500 Debt Funded RegCF
Pip & Lola’s 08/10/2021 Honeycomb - $97,000 Debt Funded RegCF
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Pip & Lola’s on Honeycomb 2021-12
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Platform: Honeycomb
Security Type: Debt
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