Honeyfund

Honeyfund

Growth Stage

Honeymoon contribution

Honeymoon contribution

Overview

Raised to Date: Raised: $1,067,815

Total Commitments ($USD)

Platform

StartEngine

Start Date

11/01/2020

Close Date

10/23/2021

Min. Goal
$9,999
Max. Goal
$1,070,000
Min. Investment

$138

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$0.92

Pre-Money Valuation

$19,000,000

Rolling Commitments ($USD)

Status
Funded
Reporting Date

10/30/2021

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$3,008

# of Investors

2,424

Momentum
Funded
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Year Founded

2009

Industry

Consumer Products, Goods & Services

Tech Sector

MarketplaceTech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Location

Clearwater, Florida

Business Type

Growth

Company Website

Honeyfund, with a pre-money valuation of $19 million, is raising funds on StartEngine. It is a honeymoon wedding gift registry that allows couples to receive financial support from their friends and family for their honeymoon experiences and wedding-related costs. It makes gifting exciting and straightforward. Sara Margulis founded Honeyfund in 2009. The current crowdfunding campaign has a minimum goal of $9,999.48 and a maximum goal of $1,069,999.56. Honeyfund has already funded more than one million couples, with $640 million in gifts from 6 million givers. The company is planning to expand into supporting friends and family through life’s milestones and mishaps.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$1,731,069

$2,059,243

COGS

$212,432

$218,469

Tax

$0

$0

 

 

Net Income

$24,305

$-80,643

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$729,547

$698,074

Accounts Receivable

$60,661

$22,205

Total Assets

$1,364,369

$1,365,074

Short-Term Debt

$1,363,353

$1,217,555

Long-Term Debt

$0

$0

Total Liabilities

$1,363,353

$1,217,555
Financials as of: 11/01/2020
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Honeyfund.com 08/21/2022 StartEngine $39,328,992 $482,206 Equity - Common Funded RegCF
Honeyfund 10/22/2021 StartEngine $19,000,000 $1,067,815 Equity - Common Funded RegCF
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

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

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Honeyfund on StartEngine
Platform: StartEngine
Security Type: Equity - Common
Valuation: $19,000,000
Price per Share: $0.92

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