Standing Wave Coffee Roaster
About this raise
Standing Wave Coffee Roaster is raising funds on Honeycomb. It is an independently operated coffee roaster, coffee truck, and coffee cafe in Donegal, Pennsylvania. Standing Wave Coffee Roaster specializes in refining green coffee beans into gourmet brewed beverages and sells both retail and wholesale. The business is also committed to sustainability and the environment and reinvests 5% of its profits to help clean and protect local river ecosystems for future generations. Colin Frye and Evan Frye founded Standing Wave Coffee Roaster in July 2016. 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 coffee shop equipment, food and beverage costs, interior design and furniture, restaurant startup capital, permits and design fees, location rent, marketing, branding, merchandise, staffing, utilities, exterior design and outdoor spaces, and professional services.
Investment Overview
Committed : $17,347
Deal Terms
Total Commitments
- Platform
- Honeycomb
- Start Date
- 03/13/2025
- Close Date
- 05/02/2025
$60,000
$124,000
$100
Debt
Pre-Seed
RegCF
10.75%
3.0 years
Company & Team
Company
- Year Founded
- 2016
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Medium
- Capital Intensity
- Low
Financials
- Revenue +49% YoY
- $577,526
- Monthly Burn
- $720
-
Runway
- 16.4 months
- Gross Margin
- 54%
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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 |
|---|---|---|---|---|---|---|
| 05/02/2025 | Honeycomb | - | $17,347 | Debt | Active | RegCF |