Backyard Soda

Backyard Soda

Early Stage

CBD-infused soda and uniquely flavored syrups

CBD-infused soda and uniquely flavored syrups

Overview

Raised this Round: Raised: $81,677

Total Commitments ($USD)

Platform

Microventures

Start Date

09/11/2019

Close Date

10/28/2019

Min. Goal
$25,000
Max. Goal
$107,000
Min. Investment

$100

Security Type

Convertible Note

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$2,500,000

Discount

0%

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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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Backyard Soda 09/29/2020 Republic $2,750,000 $143,891 SAFE Funded RegCF
Backyard Soda 10/27/2019 Microventures $2,500,000 $81,677 Convertible Note Funded RegCF
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Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

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Backyard Soda Co on Microventures
Platform: Microventures
Security Type: Convertible Note
Valuation: $2,500,000

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