Honeydrop (Equity)
Funding Details
- Awarder
- StartEngine
- Date Award
- November 27, 2021
- Vertical
- Beverages
- Funding URL
- View Funding Page
- Premoney Valuation
- $17,270,000
- Valuation
- $17,270,000
- Funding Amount:
- $365,075,230,000
Company Info
- Founding Year
- Not provided in the memo
- Traction
- Honeydrop has experienced significant growth in online sales, with a 500% increase in 2021 compared to the previous year. They have also partnered with Country Music Star Tyler Rich & actor Sabina Gadecki Rich, launched new product lines, and expanded distribution partnerships.
- Revenue Amount
- $30,000,000
- Organizations Involved
- Not provided in the memo
- Founders
- David Luks, Andrew Lorig
- Company Description
- Honeydrop is an active lifestyle brand that infuses the incredible natural benefits of honey into health and wellness products.
- Market
- Food & Beverage
- Location
- Malibu, CA, US
- Coinvestors
- Not provided in the memo