About this raise
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.
Investment Overview
Invested : $81,677
Deal Terms
Total Commitments
- Platform
- Microventures
- Start Date
- 09/12/2019
- Close Date
- 10/28/2019
$25,000
$107,000
$100
Convertible Note
Early Stage
RegCF
$2,500,000
0%
Company & Team
Company
- Year Founded
- 2019
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Capital Intensity
- Location
- Evergreen, Colorado
- Company Website
-
Visit Website
Team
- Employees
- 3
Financials
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