Moriondo

Early Stage

The new fresh cup: no waiting, no plastic

Overview

Raised to Date: Raised: $39,750

Total Commitments ($USD)

Platform

Republic

Start Date

12/26/2022

Close Date

02/19/2023

Min. Goal

$25,000

Max. Goal

$1,235,000

Min. Investment

$100

Security Type

SAFE

Series

Seed

Funding Type

RegCF

Valuation Cap

$8,000,000

Discount Rate

0%

Rolling Commitments ($USD)

Status

Active

Reporting Date

02/02/2023

Days Remaining

17

% of Min. Goal

159%

% of Max. Goal

3%

Likelihood of Max
unlikely
Avg. Daily Raise

$1,046

# of Investors

53

Momentum
cold.svg
Create a free account today to gain access to KingsCrowd analytics.
Location

New York, New York

Industry

Food, Beverage, & Restaurants

Tech Sector

Hardwaretech

Distribution Model

B2B/B2C

Margin

High

Capital Intensity

High

Business Type

Growth

Moriondo, with a valuation of $8 million, is raising funds on Republic. The company makes OEM/ODM coffee machines and proprietary coffee blends with no aluminum or plastic pod waste. The espresso machines of Moriondo use no plastic residuals or chemicals and replicate the coffee shop experience at home. Moriondo has generated $1.9 million in lifetime revenue and saved over 7 million coffee pods worth of waste to date. Alvise Pasqualetti and Max Gendler founded Moriondo in June 2014. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $1.24 million. The campaign proceeds will be used for marketing and sales, machines, R&D, and team.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$382,518

$281,753

COGS

$-132,936

$-79,326

Tax

$7,520

$-3,374

 

 

Net Income

$28,289

$-12,694

Summary Balance Sheet

Most Recent Year Prior Year

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

Financials as of: 12/26/2022
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$12.42 /month
billed annually
Free portfolio tracking and KingsCrowd's quantitative ratings on all raises.
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings (excluding risk)
Advanced company search ( with ratings)
Markets page filters and historical industry data
Get Edge Annual

Edge Pro

$41.58 /month
billed annually
Full site access including KingsCrowd's qualitative analyst reports.
Plan Includes:
Everything in Edge, plus
Full access to detailed Analyst Reports (e.g. Top Deal, Deal to Watch, Neutral, and Underweight)
Search and filter based on Analyst Reports
In-depth risk ratings for every raise
Get Edge Pro Annual
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Create your first portfolio

Create your very own investment portfolio on KingsCrowd.

Now you can track all of your startup investments in one place utilizing our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
Moriondo on Republic 2022
$
Platform: Republic
Security Type: SAFE
Valuation: $8,000,000

Follow company

Follow Moriondo on Republic 2022
View on Republic