Fire Department Coffee
About this raise
Fire Department Coffee, with a valuation of $53.98 million, is raising funds on StartEngine. It is a veteran-owned company that handcrafts super-premium coffee with a family-focused lifestyle. The company is also community-focused and gives back to support sick and injured first responders. Fire Department Coffee has a growing selection of coffee, including its proprietary Spirit Infused Coffee, and generated a revenue of more than $6 million in 2022. Luke Schneider founded Fire Department Coffee in June 2016. The current crowdfunding campaign has a minimum target of $15,000 and a maximum target of $1.23 million. The campaign proceeds will be used for capital restructuring, company employment, working capital, and investments in capital equipment.
Investment Overview
Invested : $1,826,621
Deal Terms
Total Commitments
- Platform
- StartEngine
- Start Date
- 06/06/2023
- Close Date
- 11/02/2023
$15,000
$4,999,991
$496
Equity - Common
Seed
RegCF
$8.40
$53,979,988
Company & Team
Company
- Year Founded
- 2016
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2B2C
- Margin
- Medium
- Capital Intensity
- Low
Financials
- Revenue +26% YoY
- $6,276,167
- Monthly Burn
- $35,702
-
Runway
- 1.4 months
- Gross Margin
- 61%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $300,000
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 11/02/2023 | StartEngine | $53,979,988 | $1,826,621 | Equity - Common | Funded | RegCF |