Bold Move Beverages

Bold Move Beverages

Open  for investment

About this raise

Bold Move Beverages, with a valuation of $2.5 million, is raising funds on Wefunder. The company sells boozy coffee to disrupt brunch-time drinking. Bold Move Beverages has developed proprietary formulas with low ABV and fresh taste and comes in the Original Black flavor and a Vanilla Oat Cool Brooze flavor. The company sells its products in Texas, California, Kentucky, and Massachusetts and achieved $30,000 in revenue in the third quarter of 2024. Jacob Guss and Lewis Milligan founded Bold Move Beverages in July 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $500,000. The campaign proceeds will be used for marketing, salaries and wages, R&D, G&A, and working capital.

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Investment Overview

Committed this round: $50,200

Deal Terms

Total Commitments ($USD)

Platform
Wefunder
Start Date
01/31/2025
Close Date
04/30/2025
Min. Goal
$50,000
Max Goal
$500,000
Min. Investment

$100

Security Type

Convertible Note

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$2,500,000

Discount

6%

Company & Team

Company

Year Founded
2021
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
Low
Location
Austin, Texas
Business Type
Growth
Company Website
Visit Website

Team

Employees
2
Prior Founder Exits?
No
Founder Name
Jacob Guss
Title
CEO
Founder Name
Lewis Milligan
Title
COO

Financials

as of January 1, 2025
 Revenue
$13,112
 Monthly Burn
$43,952
 Runway
0.2 months

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$13,112

$0

COGS

$30,610

$20,039

Tax

$0

$0

 

 

Net Income

$-123,643

$-247,427

Summary Balance Sheet

FY 2023 FY 2022

Cash

$16,849

$18,480

Accounts Receivable

$2,132

$0

Total Assets

$20,023

$20,723

Short-Term Debt

$5,277

$5,403

Long-Term Debt

$281,726

$233,721

Total Liabilities

$287,003

$239,124

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$730,500
Grants
$15,000
VC Backed?
Yes
Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/30/2025 Wefunder $2,500,000 $50,200 Convertible Note Active RegCF
01/31/2023 Wefunder $6,000,000 $75,427 SAFE Funded RegCF
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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
Bold Move Beverages on Wefunder 2025
Platform: Wefunder
Security Type: Convertible Note
Valuation: $2,500,000

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