The Realm Refillery (2023)

About this raise

The Realm Refillery is raising funds on Honeycomb. It is the first package-free grocery store in Oregon. The Realm Refillery has created a circular economic system and is making a beneficial impact on the community and the planet with its sustainable way of shopping. The package-free shopping of The Realm Refillery produces less food waste and eliminates unnecessary packaging from the planet. Ryan Knowles and Brittany Snipes founded The Realm Refillery in April 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $100,000. The campaign proceeds will be used to refinance high-interest debt.

Investment Overview

Invested this round: $100,000

Deal Terms
Company & Team

Total Commitments

Platform: Honeycomb
Start Date: 10/25/2023
Close Date: 12/08/2023

Min. Goal
$50,000

Max Goal
$100,000

Min. Investment

$100

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF

Interest Rate

13.50%

Term Length

3.0 years

Company

Year Founded: 2021
Industry: Food, Beverage, & Restaurants
Tech Sector: Non-Tech
Distribution Model: B2C
Margin: Low
Capital Intensity: Low
Location: Portland, Oregon
Business Type: Life Style
Company Website: Visit Website

Team

Employees: 8
Prior Founder Exits?: No

Founder Name: Ryan Knowles
Title: Co-Owner and CEO

Founder Name: Brittany Snipes
Title: Co-Owner and Creative Director

Financials

as of Fiscal Year 2022

Revenue: $478,626
Monthly Burn: $2,190
Runway: 24+ months
Gross Margin: 37%

View Detailed Financials

Summary Profit and Loss Statement

	FY 2022	FY 2021
Revenue	$478,626	$0
COGS	$302,936	$0
Tax	$0	$0


Net Income	$-26,278	$0

Summary Balance Sheet

	FY 2022	FY 2021
Cash	$53,581	$0
Accounts Receivable	$0	$0
Total Assets	$293,905	$0
Short-Term Debt	$5,239	$0
Long-Term Debt	$151,125	$0
Total Liabilities	$156,364	$0

Create a free account today to gain access to Kingscrowd analytics and financials.

Pay Monthly

Annually (2 months free)

: $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 Get Edge Monthly

Already a member? Log in here.

Ratings

Total Prior Capital Raised: $0
VC Backed?: No

Close Date	Platform	Valuation	Total Raised	Security Type	Status	Reg Type
04/15/2024	Honeycomb	-	$24,000	Debt	Funded	RegCF
12/08/2023	Honeycomb	-	$100,000	Debt	Funded	RegCF

Create a free account today to gain access to Kingscrowd analytics.

Revenue
Employees

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

Founders: enhance your startup's credibility on Kingscrowd. Create an account to claim this raise page.

View on Honeycomb

Debt, $100 min. • Closed

0 Following

Add to Portfolio

0 Invested

Deal Considerations

Key Challenges
- No key challenges found
Other Risks
- No other risks found

The Realm Refillery (2023)

The Realm Refillery (2023)

About this raise