About this raise: 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.
Investment Overview
Invested : $85,551
Deal Terms
Total Commitments ($USD)
- Platform
- StartEngine
- Start Date
- 02/26/2021
- Close Date
- 10/29/2021
$10,000
$1,069,997
$298
Equity - Common
Seed
RegCF
$1.41
$19,540,947
Company & Team
Company
- Year Founded
- 2018
- Industry
- Logistics, Delivery, & Supply Chain
- Tech Sector
- Distribution Model
- B2B2C
- Margin
- Medium
- Capital Intensity
- Low
Financials
- Revenue +77% YoY
- $92,552
- Monthly Burn
- $36,834
-
Runway
- 5.3 months
- Gross Margin
- 90%
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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.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.