Caribbrew

Caribbrew

Early Stage

Hail from Haiti, enjoyed worldwide while giving back

Hail from Haiti, enjoyed worldwide while giving back

Overview

Raised this Round: Raised: $104,350

Total Commitments ($USD)

Platform

Wefunder

Start Date

08/27/2024

Close Date

12/13/2024

Min. Goal
$50,000
Max. Goal
$124,000
Min. Investment

$1,000

Security Type

SAFE

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$4,000,000

Discount

0%

Year Founded

2018

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

High

Capital Intensity

Low

Location

Newark, New Jersey

Business Type

Growth

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.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$319,700

$539,590

COGS

$125,490

$136,586

Tax

$5,259

$3,825

 

 

Net Income

$7,854

$88,101

Summary Balance Sheet

FY 2023 FY 2022

Cash

$60,508

$20

Accounts Receivable

$0

$0

Total Assets

$466,515

$233,797

Short-Term Debt

$287,057

$62,194

Long-Term Debt

$0

$0

Total Liabilities

$287,057

$62,194

Financials as of: 08/27/2024
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Raise History

Offering Name Close Date Platform Valuation Total Raised Security Type Status Reg Type
Caribbrew 12/13/2024 Wefunder $4,000,000 $104,350 SAFE Active RegCF

No prior online funding rounds.

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Caribbrew on Wefunder 2024
Platform: Wefunder
Security Type: SAFE
Valuation: $4,000,000

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