Overview
Raised: $61,360
Total Commitments ($USD)
Platform
SMBX
Start Date
09/25/2022
Close Date
02/11/2023
Min. Goal
$25,000
Max. Goal
$150,000
Min. Investment
$10
Security Type
Debt
Series
Pre-Seed
SEC Filing Type
RegCF
Interest Rate
9.50%
Term Length
5.0 years
Rolling Commitments ($USD)
Status
Funded
Reporting Date
02/27/2023
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$445
Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded
2021
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
et Oliva is raising funds on SMBX. It is a small specialty food company featuring flavors of the Mediterranean. The business brings artisan flavors to the table with its product line that includes Fig & Olive Jam, Red Pepper Spread, Olive Tapenade, and two varieties of Turkish Lavosh Crackers. The aim of et Oliva is to let the taste of its products tell a unique story of the Mediterranean experience. Patrick Karsu founded et Oliva in March 2021. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $150,000. The campaign proceeds will be used for wages and manufacturing.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$12,776 |
$0 |
|
COGS |
$11,764 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-11,300 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$12,681 |
$0 |
|
Accounts Receivable |
$3,175 |
$0 |
|
Total Assets |
$16,107 |
$0 |
|
Short-Term Debt |
$-429 |
$0 |
|
Long-Term Debt |
$-644 |
$0 |
|
Total Liabilities |
$-1,073 |
$0 |
Financials as of: 09/25/2022
Create a free account today to gain access to KingsCrowd analytics.
Raise History
| Offering Name | Close Date | Platform | Valuation/Cap | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| et Oliva | 11/29/2023 | Honeycomb | $4,000,000 | $1,350 | SAFE | Not Funded | RegCF |
| et Oliva | 02/10/2023 | SMBX | - | $61,360 | Debt | Funded | RegCF |
Create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$25 /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
Edge
Already a member? Log in here.
Ratings 
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.