Sassafras
About this raise
Sassafras is raising funds on Honeycomb. It is a fine dining, chef’s table style restaurant in Worton, Maryland. Sassafras is located in a quaint cottage and cooks local seafood and produce in a multi-course prefix format to create innovative dishes. The guests get to experience the Chesapeake Bay at Sassafras through an intimate feast and plans to expand further. Paul Benkert and Caroline Benkert founded Sassafras in April 2024. 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 building renovations and opening inventory.
Investment Overview
Invested : $60,200
Deal Terms
Total Commitments
- Platform
- Honeycomb
- Start Date
- 08/26/2024
- Close Date
- 09/25/2024
$60,000
$124,000
$100
Debt
Pre-Seed
RegCF
13.75%
3.0 years
Company & Team
Company
- Year Founded
- 2024
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- Low
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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 |
|---|---|---|---|---|---|---|
| 09/25/2024 | Honeycomb | - | $60,200 | Debt | Funded | RegCF |