This company is no longer in business. Investors can get details about any potential exits or failures here.

GOffee

Early Stage

YOUR cup of coffee delivered!

Overview

Raised to Date: Raised: $85,551

Growth Charts

Total Commitments ($USD)

Platform

StartEngine

Start Date

02/25/2021

Close Date

10/29/2021

Min. Goal

$10,000

Max. Goal

$1,069,997

Min. Investment

$298

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF

Price Per Share

$1.41

Pre-Money Valuation

$19,540,947

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

$349

# of Investors

130

Momentum

Funded

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Year Founded

2018

Industry

Logistics, Delivery, & Supply Chain

Tech Sector

Non-Tech

Distribution Model

B2B2C

Margin

Medium

Capital Intensity

Low

Location

New York, New York

Business Type

Growth

Company Website

GOffee, a coffee delivery company with a pre-money valuation of $19.5 million, is raising funds on StartEngine. The company delivers coffee from people’s favorite coffee shops to their workplaces and combines mobile ordering, good coffee, eco-friendly cups, and quick delivery. GOffee has corporate monthly subscription plans ranging from $499 to $2,000. The company was founded by Vincent Meyer in February 2018 and is the first coffee delivery service in the US. The current round of crowdfunding has a minimum target of $9,999.72 and a maximum target of $1,069,996.83, and the funds will be used to increase the market share and develop more partnerships. GOffee is catering to a very hot coffee market and has been growing year-over-year since 2018.

Summary Profit and Loss Statement

	Most Recent Year	Prior Year
Revenue	$92,552	$52,408
COGS	$8,926	$23,248
Tax	$0	$0


Net Income	$-442,003	$-266,764

Summary Balance Sheet

	Most Recent Year	Prior Year
Cash	$195,977	$301,655
Accounts Receivable	$0	$0
Total Assets	$285,807	$729,681
Short-Term Debt	$8,918	$1,871
Long-Term Debt	$73,375	$0
Total Liabilities	$82,293	$1,871

Financials as of: 02/25/2021

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Raise History

Offering Name	Close Date	Platform	Valuation/Cap	Total Raised	Security Type	Status	Reg Type
GOffee	10/28/2021	StartEngine	$19,540,947	$85,551	Equity - Common	Funded	RegCF
GOffee	10/20/2019	StartEngine	$2,900,000	$1,069,827	Equity - Common	Funded	RegCF

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Price per Share
Valuation
Revenue
Employees

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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View on StartEngine (Closed)

Common Stock, $19.5M • Closed

7 Following

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66 Invested

Deal Considerations

1
Key Challenges
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Other Risks
- No other risks found

GOffee

GOffee

YOUR cup of coffee delivered!

YOUR cup of coffee delivered!

Overview

Deal Terms

Investment Momentum

Company Profile

Deal Summary

Financials