About this raise
Purity Coffee, with a valuation of $77.48 million, is raising funds on StartEngine. It is a leading health-focused coffee brand backed by science and sustainable practices. Purity Coffee’s handpicked organic coffee undergoes a specialized roasting process to optimize its health benefits and is tested for contaminants, heavy metals, mold, and mycotoxins to ensure high quality. The business has generated over $65 million in lifetime sales and has achieved an average CAGR of 101% for the past eight years. Andrew Salisbury and Jon Butcher founded Purity Coffee in March 2016. The current crowdfunding campaign has a minimum target of $14,993.88 and a maximum target of $1.23 million. The campaign proceeds will be used for inventory, sales and marketing, and working capital.
Investment Overview
Committed $12,430 :
Deal Terms
Company & Team
Company
- Year Founded
- 2016
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Location
- Greenville, South Carolina
- Company Website
-
Visit Website
Team
- Employees
- 18
Financials
-
Revenue
-
$17,003,319
as of FY2023
-
Cash on Hand
-
$161,508
as of FY2023
- Gross Margin
-
39%
as of FY2023
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Company Funding & Growth
Funding history
Growth Charts
Revenue History
Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.