Roc Paper Straws

Roc Paper Straws

Open  for investment

About this raise

Roc Paper Straws is raising funds on Honeycomb. The company manufactures eco-friendly paper drinking straws that hold strong for over 24 hours. Roc Paper Straws is based in Rochester, New York, and uses high-quality, non-toxic materials to make paper straws. The business received the City of Rochester Plaque of Recognition in 2022 and has won several other awards for its innovative and eco-friendly products. Kathryn Laughton and Karrie Laughton founded Roc Paper Straws in October 2018. 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 production materials, product boxes, marketing, hiring, and new machinery.

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Investment Overview

Committed this round: $5,511

Deal Terms

Total Commitments ($USD)

Platform
Honeycomb
Start Date
01/31/2025
Close Date
03/12/2025
Min. Goal
$50,000
Max Goal
$100,000
Min. Investment

$100

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

13.25%

Term Length

3.0 years

Company & Team

Company

Year Founded
2018
Industry
Consumer Products, Goods & Services
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
Low
Location
Rochester, New York
Business Type
Growth
Company Website
Visit Website

Team

Employees
8
Prior Founder Exits?
No
Founder Name
Karrie Laughton
Title
President
Founder Name
Kathryn Laughton
Title
Vice-President

Financials

as of Fiscal Year 2023
 Revenue +377% YoY
$125,425
 Monthly Burn
$23,132
 Runway
0.2 months
Gross Margin
53%

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$125,425

$26,298

COGS

$59,578

$46,512

Tax

$0

$0

 

 

Net Income

$-277,581

$-335,335

Summary Balance Sheet

FY 2023 FY 2022

Cash

$5,700

$220,300

Accounts Receivable

$0

$0

Total Assets

$550,500

$496,300

Short-Term Debt

$7,500

$4,000

Long-Term Debt

$360,000

$200,000

Total Liabilities

$367,500

$204,000

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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
03/12/2025 Honeycomb - $5,511 Debt Active RegCF
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Roc Paper Straws on Honeycomb 2025
Platform: Honeycomb
Security Type: Debt

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