The KRe8 Place
[Closed for Investment] The KRe8 Place is raising funds on Honeycomb. It is a creative hub in St. Louis, Missouri that offers cost-effective workspaces for entrepreneurs, artists, and creative individuals. The KRe8 Place provides a variety of facilities, including music recording rooms, photography sets, event spaces, and an editing suite, all equipped with state-of-the-art multimedia equipment. The company has forged key partnerships and has helped over 8,000 creatives in the area. Quintrel Brown, Christian Boyd, and Dwayne Ferguson founded The KRe8 Place in February 2021. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $50,000. The campaign proceeds will be used for payroll, advertising, and debt consolidation.
Investment Overview
Raised: $28,466
Deal Terms
Total Commitments ($USD)
- Platform
- Honeycomb
- Start Date
- 09/24/2024
- Close Date
- 10/23/2024
$25,000
$50,000
$100
Debt
Pre-Seed
RegCF
12.00%
3.0 years
Company & Team
Company
- Year Founded
- 2021
- Industry
- Media, Entertainment & Publishing
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Medium
- Capital Intensity
- High
Financials
- Revenue +275% YoY
- $89,329
- Monthly Burn
- Profitable
- Cash on Hand
- $11,034
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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 |
|---|---|---|---|---|---|---|
| 10/23/2024 | Honeycomb | - | $28,466 | Debt | Funded | RegCF |