Hillhouse Coffee
Early Stage
The Cold Roast Company- The Future Of Drive Thru Coffee
Overview
Raised: $0
Total Commitments ($USD)
Platform
truCrowd
Start Date
06/28/2021
Close Date
08/27/2021
Min. Goal
$10,000
Max. Goal
$250,000
Min. Investment
$250
Security Type
Convertible Note
Series
Seed
SEC Filing Type
RegCF
Valuation Cap
$5,000,000
Discount
20%
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
08/28/2021
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$0
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
Low
Capital Intensity
High
Hillhouse Coffee, with a pre-money valuation of $3 million, is raising funds on TruCrowd. The company makes and sells cold roast coffee with the same amount of caffeine as espresso but a much shorter wait time. The coffee of Hillhouse Coffee comes with convenience and top quality. Logan Power founded Hillhouse Coffee in January 2020. The current crowdfunding round has a minimum target of $10,000 and a maximum target of $250,000, and the funds will be used towards equipment, marketing, architecturals, lease, software, and legal expenses. Hillhouse Coffee aims to innovate coffee shops worldwide. The business is also creating an app and payment system to increase customer retention and loyalty.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$15,743 |
$0 |
|
COGS |
$7,473 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-174 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$13,551 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$44,071 |
$0 |
|
Short-Term Debt |
$2,965 |
$0 |
|
Long-Term Debt |
$28,606 |
$0 |
|
Total Liabilities |
$31,571 |
$0 |
Financials as of: 06/28/2021
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.