About this raise

Bobacino, with a valuation of $9 million, is raising funds on Dalmore Group through Reg A+ crowdfunding. The bar uses robotic automation to make a variety of high-quality and affordable bubble teas. Bobacino offers a new boba experience with creativity, curiosity, and accessible luxury. The company has built its preliminary prototype of a fully-automated boba machine that aims to keep the costs low and quality high. Darian Ahler founded Bobacino in 2020. The current crowdfunding campaign has no minimum target and a maximum target of $4,000,000. The campaign proceeds will be used for product development, personnel, general overhead, and marketing.

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Investment Overview

Invested this round: $3,744,390

Deal Terms

Total Commitments

Platform
Dalmore Group
Start Date
01/07/2022
Close Date
Not Provided
Min. Goal
$251
Max Goal
$4,000,000
Min. Investment

$251

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegA+    Open SEC Filing

Price Per Share

$2.39

Pre-Money Valuation

$9,000,000

Company & Team

Company

Year Founded
2020
Industry
Food, Beverage, & Restaurants
Tech Sector
AutomationTech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
Location
Santa Monica, California
Business Type
Growth
Company Website
Visit Website

Team

Employees
3
Prior Founder Exits?
No
Founder Name
Darian Ahler
Title
CEO

Financials

 Revenue
$0
 Cash on Hand
$231,505

Balance Sheet

Cash and Cash Equivalents

$231,505

Investment Securities

$0

Total Investments

$0

Accounts and Notes Receivable

$33,802

Loans

$0

Property, Plant and Equipment (PP&E)

$0

Property and Equipment

$0

Total Assets

$265,307

Accounts Payable & Accrued Liabilities

$1,267,235

Policy Liabilities and Accruals

$0

Deposits

$0

Long Term Debt

$0

Total Liabilities

$1,267,235

Total Stockholders' Equity

$-1,001,928

Total Liabilities and Equity

$265,307

Statement of Comprehensive Income Information

Total Revenues

$0

Total Interest Income

$0

Costs & Expenses Applicable to Rev

$0

Total Interest Expenses

$0

Depreciation and Amortization

$0

Net Income

$42,597

Earnings Per Share - Basic

$15.59

Earnings Per Share - Diluted

$0.01

Auditor: Artesian CPA
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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
09/06/2022 Dalmore Group $9,000,000 $3,744,390 Equity - Common Funded RegA+
11/30/2021 StartEngine $7,000,000 $1,422,155 Equity - Common Funded RegA+
06/06/2021 StartEngine $7,000,000 $346,588 Equity - Common Funded Test the Waters / RegA+
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Growth Charts

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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Add to portfolio
Bobacino on Dalmore Group 2022
Platform: Dalmore Group
Security Type: Equity - Common
Valuation: $9,000,000
Price per Share: $2.39

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