Overview
Raised: $29,900
Total Commitments ($USD)
Platform
Honeycomb
Start Date
04/09/2020
Close Date
05/23/2020
Min. Goal
$25,000
Max. Goal
$30,000
Min. Investment
$100
Security Type
Debt
Series
Pre-Seed
SEC Filing Type
RegCF
Rolling Commitments ($USD)
Status
Funded
Reporting Date
05/30/2020
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$695
# of Investors
24
Momentum
Funded
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Year Founded
2018
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
Stone’s Throw Hash, food business in Baltimore, MD, is raising funds on Honeycomb Credit. The 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 Hash is owned by Ben James and started its operations in May 2019. The current crowdfunding round has a minimum goal of $25,000 and a maximum goal of $30,000, and the proceeds will be used to launch frozen hash bowls in grocery stores. Stone’s Throw Hash 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.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$42,714 |
$0 |
|
COGS |
$13,601 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-115,775 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$10,097 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$10,240 |
$0 |
|
Short-Term Debt |
$12,105 |
$0 |
|
Long-Term Debt |
$108,751 |
$0 |
|
Total Liabilities |
$120,856 |
$0 |
Financials as of: 04/09/2020
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