CUBO Beverages

CUBO Beverages

Closed: Dec. 2022

About this raise

CUBO Beverages, with a valuation of $12.3 million, is raising funds on Wefunder. The company has created a juicer for making smoothies and juices at the push of a button. The device is self-cleaning, with no exposed blades, with touch screens and CUBO pods. CUBO pods are recyclable and developed by chef Olivier Rousselle. The business is currently selling business-to-business in Phase 1 and plans to sell business-to-consumers in Phase 2. Nicolas Blatt founded CUBO Beverages in May 2022. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1,069,999. The campaign proceeds will be used for sales and marketing, machines’ continuous improvement and production, production and R&D of new product lines, and administrative and professional services.

Expand

Investment Overview

Invested this round:
$397,975 - RegCF
$692,975 - Total

Deal Terms

Total Commitments

Platform
Wefunder
Start Date
08/15/2022
Close Date
12/16/2022
Min. Goal
$50,000
Max Goal
$1,069,999
Min. Investment

$250

Security Type

Equity - Preferred

Company Stage

Early Stage

SEC Filing Type

RegCF / RegD 506(c)    Open SEC Filing

Price Per Share

$0.97

Early Bird Valuation

$10,398,470

Pre-Money Valuation

$12,347,549

Company & Team

Company

Year Founded
2022
Industry
Food, Beverage, & Restaurants
Tech Sector
Foodtech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
High
Location
Los Angeles, California
Business Type
Growth
Company Website
Visit Website

Team

Employees
6
Prior Founder Exits?
No
Founder Name
Nicolas Blatt
Title
Chairman
Founder Name
Denis Fonseca
Title
Operations and Engineering Advisor

Financials

 Revenue
$0
 Monthly Burn
$22,399
 Runway
0.4 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-268,783

$-365,333

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$8,544

$10,808

Accounts Receivable

$0

$0

Total Assets

$578,542

$400,461

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Create a free account today to gain access to Kingscrowd analytics and financials.

Upgrade to gain access

Pay Monthly
Annually (2 months free)

Edge

$12.50 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific Kingscrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Ratings Kingscrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars

Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
12/16/2022 Wefunder $12,347,549 $692,975 Equity - Preferred Funded RegCF / RegD 506(c)
Create a free account today to gain access to Kingscrowd analytics.
Founders: enhance your startup's credibility on Kingscrowd. Create an account to claim this raise page.
Add to portfolio
CUBO Beverages on Wefunder 2022
Platform: Wefunder
Security Type: Equity - Preferred
Valuation: $12,347,549
Price per Share: $0.97

Follow company

Follow CUBO Beverages on Wefunder 2022

Buy CUBO Beverages's Deal Report

Warning: according to the close date for this deal, CUBO Beverages may no longer be accepting investments.

CUBO Beverages Deal Report

Get Kingscrowd's comprehensive report on CUBO Beverages including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether CUBO Beverages is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the CUBO Beverages deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge