Moriondo

The new fresh cup: no waiting, no plastic
Overview
Raised: $58,700
Rolling Commitments ($USD)
02/28/2023
$1,067
69
2014
Food, Beverage, & Restaurants
Hardwaretech
B2B/B2C
High
High
Summary Profit and Loss Statement
FY 2021 | FY 2020 | |
---|---|---|
Revenue |
$382,518 |
$281,753 |
COGS |
$-132,936 |
$-79,326 |
Tax |
$7,520 |
$-3,374 |
| ||
| ||
Net Income |
$28,289 |
$-12,694 |
Summary Balance Sheet
FY 2021 | FY 2020 | |
---|---|---|
Cash |
$18,994 |
$19,815 |
Accounts Receivable |
$10,780 |
$9,366 |
Total Assets |
$195,162 |
$153,907 |
Short-Term Debt |
$46,747 |
$13,899 |
Long-Term Debt |
$22,042 |
$49,624 |
Total Liabilities |
$68,789 |
$63,523 |
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Founder Profile
Moriondo Founder Alvise Pasqualetti on Sustainable Coffee
Whether it helps them get going in the morning or it's a treat for a job well done, most American adults drink coffee. Single-cup brewing machines -- like Keurigs -- are a popular way for coffee drinkers to get their fix, with 40% owning a machine at home. But single-cup machines mean single-serve coffee pods made of plastic -- contributing to the 400 million tons of plastic waste we pile up each year.Moriondo wants coffee drinkers to sip a delicious cup with a lighter conscience, so it sells espresso machines that use whole coffee beans to quickly brew a fresh cup -- no plastic pods necessary. With a subscription, customers can have a steady stream of freshly roasted beans delivered each month. We reached out to Moriondo founder and CEO Alvise Pasqualetti to learn about his entrepreneurial experiences and life motto.
Note: This interview was conducted over phone and email. It has been lightly edited for clarity and length.