Caribbrew
About this raise
Caribbrew, with a valuation of $4 million, is raising funds on Wefunder. It is a premium beverage brand inspired by the Caribbean. Caribbrew makes its specialty products from single-origin coffee and cacao in small batches and follows a lean supply chain with direct trade practices and full transparency. The business has 20,000 customers, a 60% return rate, and approximately $2 million in lifetime sales, along with a strong social impact in Haiti. Beverly Malbranche founded Caribbrew in November 2018. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $124,000. The campaign proceeds will be used for inventory, hiring, and marketing.
Investment Overview
Invested : $85,150
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 08/27/2024
- Close Date
- 10/31/2024
$50,000
$124,000
$1,000
SAFE
Pre-Seed
RegCF
$4,000,000
0%
Company & Team
Company
- Year Founded
- 2018
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- High
- Capital Intensity
- Low
Financials
- Revenue -40.8% YoY
- $319,700
- Monthly Burn
- $6,000
- Cash on Hand
- $9,000
- Gross Margin
- 61%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 10/31/2024 | Wefunder | $4,000,000 | $85,150 | SAFE | Funded | RegCF |