Stone’s Throw Foods

Stone’s Throw Foods

Convenient, delicious hash bowls

Convenient, delicious hash bowls

Overview

Raised to Date: Raised: $26,150

Total Commitments ($USD)

Platform

Honeycomb

Start Date

12/11/2022

Close Date

01/23/2023

Min. Goal
$25,000
Max. Goal
$124,000
Min. Investment

$100

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

12.50%

Term Length

5.0 years

Rolling Commitments ($USD)

Status
Funded
Reporting Date

01/30/2023

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

$623

# of Investors

25

Momentum
Funded
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Year Founded

2018

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Location

Wilmighton, Delaware

Business Type

Growth

Stone’s Throw Foods is raising funds on Honeycomb. The food business serves delicious and convenient hash bowls made with diced sweet potatoes and a combination of healthy proteins. The raw material is all sourced from local farms nearby. Stone’s Throw Foods makes gluten-free, paleo-friendly hash bowls that are high in protein and fiber. The company was accepted into the Loyola Baltipreneur Accelerator Program in November 2019 and the Union Kitchen Accelerator Program in April 2020. Ben James founded Stone’s Throw Foods in September 2018. 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 gluten-free certification, vegan and paleo certification, packaging and ingredients, moving equipment, marketing, and working capital.

Summary Profit and Loss Statement

FY 2021 FY 2020

Revenue

$62,030

$56,437

COGS

$81,052

$36,910

Tax

$0

$0

 

 

Net Income

$-140,719

$-101,222

Summary Balance Sheet

FY 2021 FY 2020

Cash

$24,961

$19,042

Accounts Receivable

$9,696

$4,961

Total Assets

$58,324

$24,003

Short-Term Debt

$8,519

$0

Long-Term Debt

$167,062

$171,777

Total Liabilities

$175,581

$171,777

Financials as of: 12/11/2022
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Stone’s Throw Foods 01/22/2023 Honeycomb - $26,150 Debt Funded RegCF
Stone’s Throw Hash 05/22/2020 Honeycomb - $29,900 Debt Funded RegCF
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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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Stone’s Throw Foods on Honeycomb 2022
Platform: Honeycomb
Security Type: Debt

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