Honeycomb Credit Acquires IFundWomen (IFW); Creating Main Street's New Lifeline for Funding to Small Businesses

Honeycomb Credit, the leading community capital investment platform for small businesses, today announced its acquisition of IFundWomen (IFW), the award-winning funding marketplace for growing businesses. This acquisition combines IFW's successful track record in rewards crowdfunding, enterprise grants, coaching, and connections for early-stage companies with Honeycomb Credit's deep expertise in helping local businesses secure loans from everyday community investors. The IFW team will join Pittsburgh-based Honeycomb Credit effective immediately. Karen Cahn, IFundWomen’s Founder and CEO, will join Honeycomb Credit as a Board Member and Principal Advisor, focusing on advocating for small businesses.

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George Cook, Co-Founder and CEO of Honeycomb Credit, and Karen Cahn, Founder and CEO of IFW

"At IFW, we've long sought a partner to expand funding opportunities for small businesses in our community," said Karen Cahn, Founder & CEO of IFW. "While we excel at supporting entrepreneurs from ideation to product-market fit, we needed a collaborator for those ready to grow and expand. Honeycomb is the ideal partner, sharing our mission of providing capital access to companies often overlooked by traditional lenders or the venture capital ecosystem. Joining forces will allow us to leverage more resources and assist a broader range of small businesses across America. I'm thrilled that IFW will continue its mission, now branded as IFW by Honeycomb Credit, supporting all entrepreneurs.”

Since its inception in 2016, IFW has grown into a network of over 500,000 founders and funders, united by a mission to close the funding gap for small businesses. Entrepreneurs who launched their funding journeys on IFW have collectively raised nearly $200 million through crowdfunding and sponsored grants and created 95,000 new jobs (and counting). IFW fosters a thriving small business economy, and its many achievements have been recognized over the years with The Anthem Award for Best For-Profit Fundraising Model, The Product Group’s Best Product for Social Impact, and a Shorty Award for Best B2B Platform.

"By joining forces with IFW, Honeycomb Credit is creating a unique offering in the market where entrepreneurs at any stage, from ideation to launch to expansion, can find the right capital at the right time in their growth journey,” said George Cook, Co-Founder & CEO of Honeycomb Credit. “This acquisition advances our collective goal of cultivating a more resilient small business ecosystem for entrepreneurs nationwide, and now we provide a complete spectrum of funding opportunities, coaching, and resources tailored to small business needs.”

Honeycomb Credit is an investment crowdfunding website where independently owned small businesses can raise money on fair terms from their community of customers, local investors, and fans. Fully licensed with the SEC and FINRA under the Jobs Act, Honeycomb Credit is the first funding portal to allow businesses to raise debt from their communities. The company recently expanded its offering to include alternative financing tools such as crowdfunded equity and revenue share options. Approved businesses can raise between $25,000 and $500,000 through Honeycomb Credit, and individuals can start investing on the platform for just $100 with the benefit of potential returns.

True to its name, Honeycomb Credit is relationship-centered and aims to reimagine wealth-building for small businesses and the communities they serve. The company has a growing investor community of over 25,000 and already deployed nearly $50M in capital to independently owned businesses. When people come together to build something, the entire community benefits. Under the terms of this acquisition, all IFW services will be fully integrated into the Honeycomb Credit platform, providing a comprehensive suite of funding solutions for entrepreneurs at every business stage. The combined entity will deliver unparalleled access to capital, coaching, and community resources for business owners nationwide.

Key highlights of the acquisition include:

• IFW will join Honeycomb Credit to create an integrated platform where entrepreneurs at every stage can secure funding to grow and thrive.
• Entrepreneurs will benefit from a broader network of investors, enhanced coaching opportunities, and community programming designed to foster collaboration.
• Corporate partners will have increased collaboration and grant opportunities to support businesses at various growth stages.

ABOUT HONEYCOMB CREDIT

Honeycomb Credit provides a platform for growing local businesses to raise investment capital from everyday investors. By launching an offering on Honeycomb, business owners can share their future financial success with customers, fans, and their community while securing the funds they need to grow. With a mission to democratize investment opportunities, Honeycomb is rewriting the rulebook for how small businesses access capital by engaging a powerful network of over 25,000 local investors. Learn more at Honeycomb Credit and follow us @HoneycombCredit on LinkedIn, Instagram, and Facebook.

ABOUT IFUNDWOMEN (IFW)

IFundWomen (IFW) is the go-to funding marketplace for women-owned businesses, providing access to capital through crowdfunding, corporate grants, and SBA loans, along with expert business coaching and valuable connections. IFW’s vibrant community of 500,000 founders and funders is designed to spark confidence, accelerate knowledge, and ignite action. Since its founding in 2016, entrepreneurs who started their funding journey on IFW have raised nearly $200 million through crowdfunding and grants on the platform. For more information, visit IFW by Honeycomb Credit and follow us @ifundwomen on LinkedIn, Instagram, Facebook, and TikTok.

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"By joining forces with IFW, Honeycomb Credit is creating a unique offering in the market where entrepreneurs at any stage, from ideation to launch to expansion, can find the right capital at the right time in their growth journey,” said George Cook