Honeyfund
Honeymoon contribution
Analytics
Raised to Date: $358,839
Aggregate Commitments $
StartEngine
11/02/2020
04/28/2021
$9,999
$1,070,000
$138
Equity - Common
RegCF
Pre-Seed
$19,000,000
Weekly Commitments $
Active
02/24/2021
61
3,589%
34%
$3,148
872
Clearwater, Florida
Consumer Products, Goods & Services
MarketplaceTech
B2C
Low
Low
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 |
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