Pizza Brain
About this raise
Pizza Brain is raising funds on Honeycomb. It is a local community pizzeria in Philadelphia, Pennsylvania, that makes delicious pizza using fresh ingredients. Pizza Brain sells whole pies, slices, and salads and also has a museum of US pizza culture. The business makes its dough, sauce, and pepper flakes from scratch and features traditional and artisanal pies with modern flavor profiles. Michael Carter and Joseph Hunter founded Pizza Brain in April 2012. The current crowdfunding campaign has a minimum target of $60,000 and a maximum target of $124,000. The campaign proceeds will be used for refinancing high-interest debt and equipment repairs and purchases.
Investment Overview
Not Funded: $4,100
Deal Terms
Total Commitments
- Platform
- Honeycomb
- Start Date
- 03/04/2024
- Close Date
- 04/18/2024
$60,000
$124,000
$100
Debt
Quarterly
RegCF
15.25%
5.0 years
Company & Team
Company
- Year Founded
- 2012
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
- Revenue -29.6% YoY
-
$350,683
as of FY2023
- Monthly Burn
-
$2,825
as of FY2023
-
Runway
-
0.9 months
as of FY2023
- Gross Margin
-
51%
as of FY2023
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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 |
|---|---|---|---|---|---|---|
| 04/18/2024 | Honeycomb | - | $4,100 | Debt | Not Funded | RegCF |