Boseco

Early Stage

Coffee "Uber" for Starbucks Lovers with Mobile E-bike Coffee Shops

Analytics

Raised to Date: Raised: $274,979

Aggregate Commitments $

Platform

Wefunder

Start Date

01/10/2022

Close Date

04/30/2022

Min. Goal

$150,000

Max. Goal

$1,070,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Series

Pre-Seed

Valuation Cap

$9,000,000

Discount Rate

20%

Rolling Commitments $

Status

Active

Reporting Date

01/19/2022

Days Remaining

101

% of Min. Goal

183%

% of Max. Goal

26%

Likelihood of Max
extremely
Avg. Daily Raise

$30,553

Momentum
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Location

San Jose, California

Industry

Food, Beverage, & Restaurants

Tech Sector

Foodtech

Distribution Model

B2B/B2C

Margin

High

Capital Intensity

High

Business Type

Growth

Boseco, with a valuation of $9 million, is raising funds on Wefunder. The company has ‘uberized’ the coffee market and allows people to receive a delicious cup of coffee within minutes from any location in their city. The business model of Boseco plans to revolutionize the coffee shop model by using its fast and agile electric mobile baristas and excellent-tasting coffee. Boseco has generated $600,000 in total revenue and reported a 1,100% revenue growth in the past two years. Kostyantyn Yun, Constantine Yun Jr., and Serge Adamyan founded Boseco in July 2021. The current crowdfunding campaign has a minimum target of $150,000 and a maximum target of $1,070,000. The campaign proceeds will be used for research and development, payroll, and marketing.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$150,916

$51,269

COGS

$43,960

$14,890

Tax

$0

$0

 

 

Net Income

$-410,902

$-142,591

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$244

$10,754

Accounts Receivable

$1,839

$0

Total Assets

$126,548

$42,724

Short-Term Debt

$56,450

$25,315

Long-Term Debt

$0

$0

Total Liabilities

$56,450

$25,315

Financials as of: 01/10/2022
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Boseco on Wefunder 2022
$
Platform: Wefunder
Security Type: SAFE
Valuation: $9,000,000

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