Cute Coffee

Cute Coffee

[Closed for Investment] Cute Coffee is raising funds on Honeycomb. It is a coffee company based in Inverness, California, that aims to make specialty coffee inclusive and approachable. Cute Coffee celebrates life and inspires customers to embrace themselves and one another and is focused on bridging the gaps between farmers and consumers. The business was voted Best Coffee in Marin County and has been featured in the Coffee People Magazine, Glou Glou, Barista Magazine, Shout LA, and other significant publications. Bianka Brunson and Sabreen Wilkes founded Cute Coffee in December 2016. The current crowdfunding campaign has a minimum target of $60,000 and a maximum target of $124,000. The campaign proceeds will be used to purchase a coffee truck, green coffee, an espresso machine, grinders, brewers, and permits for multiple counties.

Expand

Investment Overview

Raised this Round: Raised: $20,000

Deal Terms

Total Commitments ($USD)

Platform
Honeycomb
Start Date
06/26/2024
Close Date
08/09/2024
Min. Goal
$60,000
Max. Goal
$124,000
Min. Investment

$100

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

11.25%

Term Length

3.0 years

Company & Team

Company

Year Founded
2016
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
Location
Berkeley, California
Business Type
Life Style
Company Website
Visit Website

Team

Employees
2
Prior Founder Exits?
No
Founder Name
Bianka Brunson
Title
Co-Owner
Founder Name
Sabreen Wilkes
Title
Co-Owner

Financials

as of Fiscal Year 2023
 Revenue +83% YoY
$191,311
 Monthly Burn
Profitable
 Cash on Hand
$155,091
Gross Margin
56%

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$191,311

$104,759

COGS

$83,803

$28,647

Tax

$0

$0

 

 

Net Income

$1,116

$30,064

Summary Balance Sheet

FY 2023 FY 2022

Cash

$155,091

$94,720

Accounts Receivable

$0

$0

Total Assets

$155,091

$94,720

Short-Term Debt

$4,118

$3,623

Long-Term Debt

$0

$0

Total Liabilities

$4,118

$3,623

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
08/09/2024 Honeycomb - $20,000 Debt Not Funded RegCF
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
Cute Coffee on Honeycomb 2024
Platform: Honeycomb
Security Type: Debt

Follow company

Follow Cute Coffee on Honeycomb 2024

Buy Cute Coffee's Deal Report

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

Cute Coffee Deal Report

Get Kingscrowd's comprehensive report on Cute Coffee including:

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

Buy the Cute Coffee deal report for only $10!

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