Kribi Coffee Company
About this raise
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.
Investment Overview
Invested : $139,219
Deal Terms
Total Commitments
- Platform
- StartEngine
- Start Date
- 10/31/2022
- Close Date
- 02/28/2023
$10,000
$1,000,000
$500
Equity - Common
Growth Stage
RegCF
$5.00
$10,450,000
Company & Team
Company
- Year Founded
- 2019
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Medium
- Capital Intensity
- Low
Financials
- Revenue +155% YoY
- $1,114,966
- Monthly Burn
- $31,824
-
Runway
- 1.3 months
- Gross Margin
- 51%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $1,150,000
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 02/28/2023 | StartEngine | $10,450,000 | $139,219 | Equity - Common | Funded | RegCF |