Sost
About this raise: Sost is raising funds on Honeycomb. It is an upcoming 3-concept cultural venue in Washington, DC. Sost will be a one-of-a-kind venue combining an all-day cafe, a rooftop lounge, and an intimate speakeasy. The venue will feature a bold menu inspired by East African, North African, and Afro-Caribbean flavors and aims to become a cultural hub with vibrant food, community connections, and music. Siem Abebe founded Sost in March 2018. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $500,000. The campaign proceeds will be used for furniture, fixtures, and equipment.
Investment Overview
Committed : $14,510
Deal Terms
Total Commitments ($USD)
- Platform
- Honeycomb
- Start Date
- 12/02/2024
- Close Date
- 01/28/2025
$100,000
$500,000
$100
Debt
Pre-Seed
RegCF
13.25%
3.0 years
Company & Team
Company
- Year Founded
- 2018
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- High
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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 |
|---|---|---|---|---|---|---|
| 01/28/2025 | Honeycomb | - | $14,510 | Debt | Active | RegCF |