Crowdonomics
All companies
Hawaiian Bros logo

Hawaiian Bros

Operating

Hawaiian Bros Inc.

Food & Beverage · Restaurant · Kansas City, DE · Founded 2021

Bringing island-inspired cuisine to the mainland

Post-money valuation ⓘ
$307.5M
As of Aug 2023 · from Reg CF Offering (2023) · pre-money + amount raised, not a traded price
Total raised
$80,118,341
Crowd $4.8M · Private $75.3M · 23 rounds since 2021
Latest share price
$7.91
Reg CF · Common Stock · May 2023 offering price · down round

Valuation over rounds

Pre-money — the valuation set before each round’s money came in
$450.0M
pre-money
$306.0M
pre-money
Reg CF · Common · Mar 2022
Reg CF · Common · May 2023

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

Share price over rounds

$13.57$6.785$7.4702
2021May 2023
Round offering price or verified disclosed saleDisclosed sale, unverified or year-onlyDown round · May 2023 (-41.7%)

Disclosed sales come from the issuer's own filings (prior-offering lines, audited-statement notes) and are amount ÷ securities sold. A down round is a firm point more than 25 % below the previous firm point of the same share class on a comparable basis; the comparison ignores unverified and year-only lines.

Cap table

Principal holders% as the filing states it, Apr 29, 2024

  • Cynthia Parres7,585 Common Stock37.1%of company
  • Matt Lumpkin163,284 Common Stock12.6%of company
  • Byron Parra4,843,751 Common Stock12.0%of company
  • as of April2,024 shares10.0%of company
  • Tyler McNie2,597,216 Common Stock7.3%of company
  • Executive Officers and Directors Carol DiRaimo1,039,915.87 Common Stock2.9%of company

Sold to the crowd

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

Raised $47.4KInvestors 1
Raised $2.1MInvestors 1
Raised $200KInvestors 2
Raised $3.9MInvestors 16
Raised $500KInvestors 1
Raised $2.5MInvestors 2
Raised $650KInvestors 8
Raised $6.1MInvestors 2
Raised $50KInvestors 1
Raised $525.7KInvestors 862Post-money $307.5M
Raised $3MInvestors 19
Raised $5.2MInvestors 19
Raised $508.5KInvestors 5
Raised $1.2MInvestors 1
Raised $5.1MInvestors 12
Raised $100KInvestors 1
Raised $7.2MInvestors 29
Raised $1.8M / $2.6MInvestors 1,314Post-money $451.8M
Raised $25MInvestors 1
Raised $2.5M / $2.5MInvestors 1,492
Raised $5MInvestors 1
Raised $2MInvestors 2
Raised $5.1MInvestors 31

Team

11 people
Cameron McNie
Co-Chief Executive Officer, Chairman of the Board

Mr. Cameron McNie serves as the Company’s Co-Chief Executive Officer and Chairman of the Board. Mr. McNie has served as the Company’s Co-Chief Executive Officer and director since co-founding Hawaiian Bros in July 2017. In addition to leading the Board and directing the Company’s strategy, Mr. McNie is responsible for financial, fundraising and information technology matters. Mr. McNie also served as Chairman of the Board of First Baptist Church of Eugene, Oregon from September 2016 to August 2020. Prior to founding Hawaiian Bros, Mr. McNie spent fourteen years operating his family’s Hawaiian plate lunch restaurant business in Oregon. We believe that Mr. McNie’s experience managing and growing Hawaiian plate lunch restaurants makes him well qualified to serve on our Board.

Scott Ford
President, Co-Chief Executive Officer, Director

Mr. Scott Ford has served as the Company’s President since January 2020 and its Co-Chief Executive Officer since January 2021. Prior to becoming President of Hawaiian Bros, he worked with the Company as a consultant from October 2019 to January 2020, identifying operational best practices designed to help the company grow. Mr. Ford is responsible for People Development, restaurant operations, marketing and supply chain management. Mr. Ford previously worked for Goodcents Franchise Systems, Inc. (“Goodcents”) from January 2010 to May 2018, serving as chief operating officer from January 2016 to May 2018 and as president from January 2017 to May 2018, where he led the company’s strategic vision for franchise growth and the customer experience and was responsible for implementing a new digital consumer interaction and ordering strategy, up-to-the-minute reporting technology for franchisees and an e-learning platform for employee training. Prior to joining Goodcents, Mr. Ford held various leadership positions at Applebee’s International, Inc, where he assisted in the launch of the Applebee’s Carside To-Go platform, and at Boston Market Corporation. In addition to expanding national restaurant brands, he has also built four of his own companies, including DKA Services, LLC, a management consulting business specializing in supply chain management, and PRIME Catered Events, a Kansas City-based catering company, from the ground up. We believe that Mr. Ford’s more than 36 years of experience in restaurant operations, franchising, brand strategy and development make him well qualified to serve on our Board.

Tyler McNie
Co-Chief Executive Officer, Director

Mr. Tyler McNie serves as the Company’s Co-Chief Executive Officer and director, roles he has held since co-founding the Company in July 2017. Mr. McNie is responsible for culinary planning, real estate development and restaurant architecture and design. Prior to founding Hawaiian Bros, Mr. McNie spent 14 years managing his family’s Hawaiian Plate Lunch restaurant business in Oregon. We believe Mr. McNie’s experience managing and growing Hawaiian plate lunch restaurants makes him well qualified to serve on our Board.

/s/ Cameron McNie
Co-Chief Executive Officer and Chairman of the Board
/s/ Scott Ford
President, Co-Chief Executive Officer and Director (Principal Executive Officer)
/s/ Tyler McNie
Co-Chief Executive Officer and Director
Breck Templeton
Chief Financial Officer

Breck Templeton joined the Company in March 2022 and began serving as the Company’s Chief Financial Officer in May 2022. Prior to joining Hawaiian Bros, Mr. Templeton served as chief financial officer of SPB Hospitality, a multi-concept restaurant company which operates 246 company restaurants and 61 franchise restaurants, from December 2020 to March 2022. From July 2013 to December 2020, Mr. Templeton served as chief financial officer of Fogarty & Klein, Inc. dba 9thWonder Agency, where he led the acquisition of five advertising agencies. He served as chief financial officer of Smith Dairy Queens, Ltd., a Dairy Queen franchisee operating 41 locations, from July 2009 to July 2013. From October 2006 to February 2008, he served as chief financial officer of JCS Holdings, Inc., owner of Joe’s Crab Shack, following the company’s sale by Landry’s Restaurants, Inc (“Landry’s”). Prior to joining JCS Holdings, Inc., Mr. Templeton held a number of roles at Landry’s from March 1995 to October 2006, including vice president of operations and strategic planning and vice president of operations analysis. During his tenure at Landry’s, he played a key role in the acquisition and integration of a number of concepts, including Rainforest Café and Saltgrass Steakhouse, and he oversaw the growth of Joe’s Crab Shack from three locations to over 120 locations.

Carey Malloy
Chief Development Officer

Carey Malloy has served as the Company’s Chief Development Officer since March 2022. Prior to joining Hawaiian Bros, Ms. Malloy worked for Edible Arrangements, LLC from May 2019 to March 2022, serving successively as senior director of financial planning and analysis, vice president of finance and accounting and chief financial officer. During her tenure, the company reported $635 million in annual system-wide sales and $200 million in annual revenue from its 915 retail stores. From July 2017 to November 2018, Ms. Malloy served as director of finance for global markets at ConAgra Brands, Inc. (“ConAgra”), where she drove the annual strategic planning process of ConAgra’s international business segment. Before joining ConAgra, she worked for McDonald’s Corporation (“McDonald’s”) from December 1995 to October 2017. She held a number of roles during her time at McDonald’s, including, from October 2016 to July 2017, Director of U.S. Financial Planning and Analysis. In this role, Ms. Malloy led the financial planning and projection process for McDonald’s U.S. business, its largest business segment.

/s/ Breck Templeton
Chief Financial Officer (Principal Financial Officer and Principal Accounting Officer)
Show 2 more people
Joel Worcester
Director

Mr. Joel Worcester has served on the Company’s Board since co-founding the Company in July 2017. Mr. Worcester has been a managing partner of Worcester Investments, a real estate investment company with 4,000 multifamily units under management, since he co-founded it with two of his brothers in 2006. He is responsible for creating and communicating the Worcester Investments’ vision and long-term growth strategy. We believe that Mr. Worcester’s extensive management experience makes him well qualified to serve on our Board.

/s/ Joel Worcester
Director

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 requiredFiled Form C-TR (terminated reporting)

Filed 2 of 5 annual reports (FY2021–FY2025)

1,492 investors
holder-count proxy

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

  • Form DApr 17, 20260001879942-26-000002
    EDGAR
  • Form DApr 2, 20260001879942-26-000001
    EDGAR
  • Form DOct 1, 20250001879942-25-000006
    EDGAR
  • Form D/AOct 1, 20250001879942-25-000005
    EDGAR
  • Form DMay 29, 20250001879942-25-000003
    EDGAR
  • Form DMay 27, 20250001879942-25-000002
    EDGAR
  • Form DMar 19, 20250001879942-25-000001
    EDGAR
  • Form D/AJun 25, 20240001879942-24-000002
    EDGAR
Source: ManualCIK 0001879942DEShare price $7.91

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.