Overview
Raised: $81,677
Total Commitments ($USD)
Platform
Microventures
Start Date
09/12/2019
Close Date
10/28/2019
Min. Goal
$25,000
Max. Goal
$107,000
Min. Investment
$100
Security Type
Convertible Note
SEC Filing Type
RegCF
Valuation Cap
$2,500,000
Discount
0%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
10/31/2019
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$1,776
# of Investors
367
Momentum
Funded
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Year Founded
2019
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Location
Evergreen, Colorado
Backyard Soda Co., with a valuation cap of $2.5 million, is raising funds on MicroVentures. The company manufactures CBD-infused soda from locally sourced help and flavors them with natural syrups like lavender lemon, ginger lime, and mango jalapeno. Backyard Soda Co. was founded as a soda card by Jonathan Schulz and diversified into CBD-infused preparations in 2019. The current crowdfunding round has a minimum target of $25,000 and a maximum target of $107,000 and the proceeds will be used for marketing, manufacturing, research & development, future wages, and working capital. Backyard Soda Co. sells its products through Whole Foods in Colorado and has already raised $130,000 from CanopyBoulder.
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