The Paper Canopy
About this raise
The Paper Canopy is raising funds on Honeycomb. With over 20 years of retail and sales experience, founder Casey Berry established The Paper Canopy in 2021 and launched its online site in 2022. After a year of successful online and pop-up shop sales, the company is establishing its first retail store in Charleston, SC. The current crowdfunding campaign has a minimum target of $30,000 and a maximum target of $60,000. The campaign proceeds will be used to cover rental, staff, and advertising costs, as well as purchase inventory.
Investment Overview
Invested : $36,200
Deal Terms
Total Commitments
- Platform
- Honeycomb
- Start Date
- 05/18/2023
- Close Date
- 06/16/2023
$30,000
$60,000
$100
Debt
RegCF
13.75%
Company & Team
Company
- Year Founded
- 2021
- Industry
- Arts & Crafts
- Tech Sector
- Location
- CHARLESTON, South Carolina
Team
- Employees
- 1
Financials
-
Revenue
-
$0
as of FY2022
- Monthly Burn
-
$422
as of FY2022
-
Runway
-
0 months
as of FY2022
- Gross Margin
-
7%
as of FY2022
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 06/16/2023 | Honeycomb | - | $36,200 | Debt | Funded | RegCF |