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BLANKET PANCAKES & SYRUP BY HOME FOOD, INC. logo

BLANKET PANCAKES & SYRUP BY HOME FOOD, INC.

Operating

Home Food, Inc.

Food & Beverage · Packaged Food · Mint Hill, NC · Founded 2017

All-natural pancake mix and syrup

Post-money valuation ⓘ
$11.0M
As of Mar 2024 · from Reg CF Offering (2023) · pre-money + amount raised, not a traded price
Total raised
$0
Across 1 round since 2023
Latest share price
$5.00
Reg CF Offering (2023) offering price

Financials

FY2021–FY2022 · from SEC filings · hover any figure for its source
$337K
$244K
2021
$290K
−$184K
2022
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2021 reviewed*
FY2022 reviewed*
Income statement
Revenue
$336,911
$289,592
Cost of goods sold
$11,900
$209,702
Gross margin
96%
28%
Net income
$244,170
-$184,282
Taxes paid
$0
$0
Balance sheet
Cash
$253,598
$79,208
Accounts receivable
$0
$583
Total assets
$294,421
$322,701
Short-term debt
$51,761
$118,977
Long-term debt
$11,920
$294,698
Total liabilities
$63,681
$413,675
Other
Headcount
—
2

Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Pre-money — the valuation set before each round’s money came in
$11.0M
pre-money
Reg CF · Common · Dec 2023

Blue bars are the pre-money valuation the company stated for a priced round.

Cap table

Principal holders% as the filing states it, Dec 14, 2023

  • Marquita Carter51.0%of company
  • Deven Carter49.0%of company

From the company's SEC filings: share counts per class, each class's voting and conversion terms, and the holders of 20% or more that Form C requires (officers and 10%+ holders on Form 1-A). Filings name only large holders, so most owners — including crowd investors — are not listed, and a holder's percentage may be of its own class rather than of the whole company. Prices and crowd share counts are in today's share terms — adjusted for splits and conversions since they were sold. Hover a figure for its filing.

Fundraising history

Reg CF · Common Stock · Dec 2023Withdrawnvia StartEngine
Raised $0 / $1.2MInvestors 51Post-money $11M

Team

4 people
Deven Alexander CarterFounder
COO

Deven is a highly skilled data strategy consultant by trade, currently serving as the co-founder and COO of Blanket Pancakes and Syrup. With a diverse background in distribution, operations, leadership, data analytics, consulting, and sales, Deven brings a unique blend of expertise to his role. With a deep understanding of distribution and operations, Deven has successfully implemented data-driven strategies to optimize processes, reduce costs, and improve overall efficiency. His ability to analyze complex datasets and identify opportunities for improvement has consistently delivered tangible results for his clients and customers. Deven possesses strong leadership skills, having successfully led teams and managed projects of varying scales. His ability to inspire and motivate others, coupled with strategic thinking, has been instrumental in driving the success of Blanket. In addition to COO, Deven is also the Chairman of the Board, President, & Secretary.

Marquita Michelle CarterFounder
CEO

Marquita is a visionary entrepreneur and accomplished leader with a proven track record of success. With a strong background in leadership, education, marketing, and sales, Marquita has consistently demonstrated a drive for excellence and a commitment to achieving remarkable results. Marquita has developed a unique approach to business that emphasizes the importance of empowering and inspiring others. Her ability to motivate and guide her team has been instrumental in driving growth and success. In addition to her expertise in product development, she has a keen eye for identifying market trends and opportunities. Marquita has successfully built a strong customer base and achieved remarkable revenue growth. As the founder and CEO of Home Food, Marquita has taken the business from its humble beginnings to a thriving enterprise that generates 7-figure revenue. Her ability to think outside the box, coupled with her strong business acumen, has positioned Blanket Pancakes & Syrup by Home Food to be well on its way to becoming a household name. Outside of her professional endeavors, Marquita is passionate about giving back to the community. She actively supports charitable initiatives and mentor aspiring entrepreneurs, sharing her knowledge and experience to help others achieve their goals. In addition to CEO, Marquita is also Vice President & Treasurer.

Marquita Carter
CEO, Vice President, Treasurer
Deven Carter
Chairman of the Board, President, Secretary and Acting Principal financial officer

Names and titles as disclosed on StartEngine, SEC Form C. Bios and photos come from the platform campaign page and may be out of date.

Reg CF annual-report compliance

Not obligated

never closed a Reg CF raise

51 investors
holder-count proxy

Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.

SEC filings

  • Form C-UApr 16, 20240001665160-24-000351
    EDGAR
  • Form CDec 14, 20230001665160-23-001994
    EDGAR
Source: ManualCIK 0002003925NCShare price $5.00

About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.