Kaffi
About this raise
Kaffi, with a $4.5 million valuation cap, is raising funds on Wefunder. The company produces a line of high-protein, incredible tasting, Icelandic energy coffee drinks. Kaffi currently has three SKUs, including Keto Latte, New Orleans, and Iced Mocha, and plans to launch three more plant-based SKUs next year. Kaffi energy drinks taste great, are healthy, and provide energy. Kaffi was founded by Smari Asmundsson in 2011 and has raised more than $5 million since its inception. The proceeds of the current round of crowdfunding, with a minimum raise of $50,000 and a maximum raise of $1,070,000, will be used towards manufacturing run, marketing, and building out the team. Kaffi is led by a seasoned and passionate team and has already won the Sprouts Innovation Program in December 2019 and Kroger Innovation Program in January 2020.
Investment Overview
Invested : $73,900
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 05/08/2020
- Close Date
- 11/22/2020
$50,000
$1,070,000
$250
Convertible Note
Growth Stage
RegCF
$4,500,000
30%
Company & Team
Company
- Year Founded
- 2020
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2B2C
- Margin
- Low
- Capital Intensity
- High
Financials
- Revenue -52.7% YoY
- $355,813
- Monthly Burn
- $116,274
-
Runway
- 2.4 months
Upgrade to gain access
-
$12.50 /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
Ratings 
Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 11/22/2020 | Wefunder | $4,500,000 | $73,900 | Convertible Note | Funded | RegCF |