Split Rock Coffee
Split Rock Coffee is raising funds on Honeycomb. The coffee business is based in Blaine, Minnesota, and delivers coffee house flavor to people’s doors. Split Rock Coffee selects the finest beans with low acidity, less bitterness, and a one-of-a-kind flavor and creates coffee using its proprietary recipe. The business has a loyal customer base and has a five-star rating from its current customers. Ronald Buster founded Split Rock Coffee in November 2018. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $75,000. The campaign proceeds will be used for inventory bags, a coffee trailer, inventory beans, and finished products.
Investment Overview
Raised: $2,150
Deal Terms
Total Commitments ($USD)
- Platform
- Honeycomb
- Start Date
- 10/09/2024
- Close Date
- 01/13/2025
$25,000
$75,000
$100
Debt
Pre-Seed
RegCF
11.75%
3.0 years
Company & Team
Company
- Year Founded
- 2018
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
- Revenue +241% YoY
- $102,183
- Monthly Burn
- Profitable
- Cash on Hand
- $0
- Gross Margin
- 90%
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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 |
|---|---|---|---|---|---|---|
| 01/13/2025 | Honeycomb | - | $2,150 | Debt | Active | RegCF |