Stone’s Throw Foods

Stone’s Throw Foods

Convenient, delicious hash bowls

Convenient, delicious hash bowls

Overview

Raised this Round: Raised: $26,150

Total Commitments ($USD)

Platform

Honeycomb

Start Date

12/11/2022

Close Date

01/23/2023

Min. Goal
$25,000
Max. Goal
$124,000
Min. Investment

$100

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

12.50%

Term Length

5.0 years

Year Founded

2018

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Location

Wilmighton, Delaware

Business Type

Growth

Stone’s Throw Foods is raising funds on Honeycomb. The food business serves delicious and convenient hash bowls made with diced sweet potatoes and a combination of healthy proteins. The raw material is all sourced from local farms nearby. Stone’s Throw Foods makes gluten-free, paleo-friendly hash bowls that are high in protein and fiber. The company was accepted into the Loyola Baltipreneur Accelerator Program in November 2019 and the Union Kitchen Accelerator Program in April 2020. Ben James founded Stone’s Throw Foods in September 2018. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $124,000. The campaign proceeds will be used for gluten-free certification, vegan and paleo certification, packaging and ingredients, moving equipment, marketing, and working capital.

Summary Profit and Loss Statement

FY 2021 FY 2020

Revenue

$62,030

$56,437

COGS

$81,052

$36,910

Tax

$0

$0

 

 

Net Income

$-140,719

$-101,222

Summary Balance Sheet

FY 2021 FY 2020

Cash

$24,961

$19,042

Accounts Receivable

$9,696

$4,961

Total Assets

$58,324

$24,003

Short-Term Debt

$8,519

$0

Long-Term Debt

$167,062

$171,777

Total Liabilities

$175,581

$171,777

Financials as of: 12/11/2022
Create a free account today to gain access to KingsCrowd analytics.

Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Stone’s Throw Foods 01/22/2023 Honeycomb - $26,150 Debt Funded RegCF
Stone’s Throw Hash 05/22/2020 Honeycomb - $29,900 Debt Funded RegCF
Create a free account today to gain access to KingsCrowd analytics.

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$25 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.
Add to portfolio
Stone’s Throw Foods on Honeycomb 2022
Platform: Honeycomb
Security Type: Debt

Follow company

Follow Stone’s Throw Foods on Honeycomb 2022

Buy Stone’s Throw Foods's Deal Report

Warning: according to the close date for this deal, Stone’s Throw Foods may no longer be accepting investments.

Stone’s Throw Foods Deal Report

Get KingsCrowd’s comprehensive report on Stone’s Throw Foods including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Stone’s Throw Foods is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Stone’s Throw Foods deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge