Kribi Coffee Company

Kribi Coffee Company

Growth Stage

Sustainably Conscious Farm-to-Cup Coffee

Sustainably Conscious Farm-to-Cup Coffee

Overview

Raised to Date: Raised: $139,219

Total Commitments ($USD)

Platform

StartEngine

Start Date

10/30/2022

Close Date

02/28/2023

Min. Goal
$10,000
Max. Goal
$1,000,000
Min. Investment

$500

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$5.00

Pre-Money Valuation

$10,450,000

Rolling Commitments ($USD)

Status
Funded
Reporting Date

03/04/2023

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$1,160

# of Investors

96

Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded

2019

Industry

Food, Beverage, & Restaurants

Tech Sector

Foodtech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

Low

Location

Oak Park, Illinois

Business Type

Life Style

Kribi Coffee Company, with a valuation of $10.45 million, is raising funds on StartEngine. It is a coffee business that sources green coffee beans ethically, and air roasts them in-house on demand. The business has a patented air-roasting technology that enables the production of authentic, flavorful, and uniquely experiential coffee. Kribi Coffee Company sells through its retail locations, wholesale to other small businesses and coffee shops, and through e-commerce. Jacques E. Shalo founded Kribi Coffee Company in January 2019. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1 million. The campaign proceeds will be used for inventory, sales, marketing, facilities, and technology.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$1,114,966

$437,627

COGS

$548,596

$220,336

Tax

$0

$0

 

 

Net Income

$-381,890

$-352,644

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$41,691

$41,777

Accounts Receivable

$35,462

$16,725

Total Assets

$935,217

$617,204

Short-Term Debt

$0

$0

Long-Term Debt

$292,626

$416,847

Total Liabilities

$292,626

$416,847

Financials as of: 10/30/2022
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$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
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.
Add to portfolio
Kribi Coffee Company on StartEngine 2022
Platform: StartEngine
Security Type: Equity - Common
Valuation: $10,450,000
Price per Share: $5.00

Follow company

Follow Kribi Coffee Company on StartEngine 2022

Buy Kribi Coffee Company's Deal Report

Warning: according to the close date for this deal, Kribi Coffee Company may no longer be accepting investments.

Kribi Coffee Company Deal Report

Get KingsCrowd’s comprehensive report on Kribi Coffee Company including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Kribi Coffee Company is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Kribi Coffee Company deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge