Poorboy Coffee
[Closed for Investment] Poorboy Coffee is raising funds on SMBX. The company is changing the coffee landscape with its coffee experience rooted in the community. Poorboy Coffee is committed to transparency, high quality, and community spirit and is creating a coffee brand that embodies these spirits. The company sells its coffee through pop-ups and established locations and is building a worldwide audience. Alexis Howard and Brandon Sardi founded Poorboy Coffee in May 2023. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $50,000. The campaign proceeds will be used to obtain working capital and equipment to open its first brick-and-mortar location.
Investment Overview
Raised: $50,000
Deal Terms
Total Commitments ($USD)
- Platform
- SMBX
- Start Date
- 09/14/2024
- Close Date
- 10/15/2024
$10,000
$50,000
$10
Debt
Pre-Seed
RegCF
11.25%
3.0 years
Company & Team
Company
- Year Founded
- 2023
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- High
- Capital Intensity
- High
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 10/15/2024 | SMBX | - | $50,000 | Debt | Funded | RegCF |