Tea’s Me Cafe
About this raise: Tea’s Me Cafe is raising funds on Honeycomb. It is a premium tea cafe in Indianapolis, Indiana that specializes in loose-leaf tea sourced from all over the world. Tea’s Me Cafe offers healthy loose-leaf teas, great food, and a warm ambiance to its guests with special freshness, taste, and aroma. The business is a local favorite and has received several awards since its opening. Tamika Catchings founded Tea’s Me Cafe in February 2017. 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 marketing and branding for two kiosk locations, purchasing all in-store supplies, bottled tea expenses, and workforce development.
Investment Overview
Invested : $124,000
Deal Terms
Total Commitments ($USD)
- Platform
- Honeycomb
- Start Date
- 08/15/2024
- Close Date
- 09/29/2024
$60,000
$124,000
$100
Debt
Pre-Seed
RegCF
11.50%
3.0 years
Company & Team
Company
- Year Founded
- 2017
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
- Revenue +3% YoY
- $235,553
- Monthly Burn
- $3,827
-
Runway
- 2.1 months
- Gross Margin
- 57%
Upgrade to gain access
-
$12.50 /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
Edge
Ratings 
Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 09/29/2024 | Honeycomb | - | $124,000 | Debt | Funded | RegCF |