El Condor
Early Stage
Coffee roaster and cafe + lifestyle brand
Overview
Raised: $210,800
Total Commitments ($USD)
Platform
Wefunder
Start Date
11/30/2020
Close Date
04/07/2021
Min. Goal
$260,000
Max. Goal
$300,000
Min. Investment
$100
Security Type
Equity - Preferred
Series
Pre-Seed
SEC Filing Type
RegCF
Price Per Share
$100.00
Pre-Money Valuation
$1,400,000
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
04/29/2021
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$1,660
# of Investors
133
Momentum
Not Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded
2020
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
El Condor, with a pre-money valuation of $1.4 million, is raising funds on Wefunder. It is a coffee company that specializes in roasting, cafes, and the lifestyle around it. The versatile business model focuses on the complete journey of coffee and is expanding in many different environments. Nicolas Simon and Mucjon Demiraj founded El Condor in September 2020. The current round of crowdfunding has a minimum goal of $540,000 and a maximum goal of $600,000, and the funds will be used towards construction costs, soft costs, pre-opening budget, and contingency. El Condor has a vision beyond coffee, creating multiple revenue streams, including fashion, music, and CPG.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$0 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$0 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$0 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 11/30/2020
Create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$25 /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
Edge
Already a member? Log in here.
Ratings 
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.