Dope Coffee

Dope Coffee

Early Stage

Our Coffees Tell A Story

Our Coffees Tell A Story

Overview

Raised to Date: Raised: $116,725

Total Commitments ($USD)

Platform

CrowdFund Mainstreet

Start Date

03/21/2021

Close Date

10/31/2021

Min. Goal
$50,000
Max. Goal
$428,980
Min. Investment

$250

Security Type

Convertible Note

SEC Filing Type

RegCF    Open SEC Filing

Rolling Commitments ($USD)

Status
Funded
Reporting Date

10/30/2021

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$523

# of Investors

60

Momentum
Funded
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Year Founded

2019

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Location

Decatur, Georgia

Dope Coffee is raising funds on CrowdFund Mainstreet. It is a fast-growing coffee brand in America known for its high-quality product and dedication to the culture. The offerings of Dope Coffee include coffee roasts, coffee soaps, coffee scrubs, and beard serum. The business has over 5,600 customers with returning customer rate of 17.2% and has shipped more than 7,000 orders. Michael Loyd and Michelle Loyd founded Dope Coffee in March 2019. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $428,980. The campaign proceeds will be used for supply and inventory, marketing and advertising, sales, working capital, local delivery, operations, and roasting operations.

Summary Profit and Loss Statement

FY 2020 FY 2019

Revenue

$191,223

$5,815

COGS

$109,069

$5,272

Tax

$0

$0

 

 

Net Income

$-80,391

$-12,756

Summary Balance Sheet

FY 2020 FY 2019

Cash

$24,967

$10,473

Accounts Receivable

$0

$0

Total Assets

$43,375

$10,473

Short-Term Debt

$17,381

$0

Long-Term Debt

$9,000

$24,000

Total Liabilities

$26,381

$24,000

Financials as of: 03/21/2021
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Dope Coffee 10/30/2021 CrowdFund Mainstreet - $116,725 Convertible Note Funded RegCF
Dope Coffee 07/06/2020 CrowdFund Mainstreet - $107,000 Convertible Note Funded RegCF
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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Dope Coffee on CrowdFund Mainstreet 2021
Platform: CrowdFund Mainstreet
Security Type: Convertible Note

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