The Veggie
About this raise: The Veggie is raising funds on Honeycomb. It is an all-vegan fast-casual restaurant in Huntsville, Alabama, that offers a diverse menu for vegan and veg-curious consumers. The restaurant is 100% vegan and also offers special catering services, including allergy-friendly options for customers with soy, nut, and gluten allergies. The offerings of The Veggie include its Philly Cheese Patty Melt, a vegan chicken sandwich made with mushrooms, and Crabless Cake Sandwich. Adyre Mason founded The Veggie in October 2017. 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 debt payoff, a brand refresh, new lease acquisition, and moving costs.
Investment Overview
Invested : $100,005
Deal Terms
Total Commitments ($USD)
- Platform
- Honeycomb
- Start Date
- 11/09/2022
- Close Date
- 12/23/2022
$25,000
$124,000
$100
Debt
Monthly
RegCF
13.50%
5.0 years
Company & Team
Company
- Year Founded
- 2017
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- High
Financials
- Revenue +228% YoY
- $308,038
- Monthly Burn
- $74
-
Runway
- 24+ months
- Gross Margin
- 26%
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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 |
|---|---|---|---|---|---|---|
| 12/23/2022 | Honeycomb | - | $100,005 | Debt | Funded | RegCF |