Strong’s Cleaners on Honeycomb

90 Year Strong, Black Owned Business

Raise to date: $21,650

Reporting Date: 05/31/2020

Key Stats

Minimum Raise

$10,000

Maximum Raise

$25,000

Likelihood of Max Extremely
Start Date

05/08/2020

Stop Date

06/22/2020

Days Remaining

20

Security Type

Debt

Investment Minimum

$0

Deal Type

No Review


Investment Summary

Status

Active

# of Investors

37

% of Minimum Raised

217%

% of Maximum Raised

87%

Dollars Per Day to Reach Max

$168

DPD* Committed

$941

DPD* Category

$0

DPD* All Companies

$1,028

Kingscrowd Momentum

$21,650

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

Strong’s Cleaners, a 90-year old dry-cleaning business in Pittsburgh, PA, is raising funds on Honeycomb. The family-owned fabric care business provides dry cleaning, suede and leather cleaning, laundry service, and alterations and repairs. It has both a brick-and-mortar service and a valet pick-up and delivery and serves thousands of professionals, students, tourists, and workers. Strong’s Cleaners is owned by Justin Strong and was founded in 2014. The proceeds of the current crowdfunding campaign, with a minimum target of $10,000 and a maximum target of $25,000, will be used to scale up the business model, upgrade capacity to allow medical-grade cleaning, pay off debts. Strong’s Cleaners is one of the few companies deemed essential amidst COVID-19 and is experiencing higher medical uniform cleaning demand.

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