Red Bay Coffee Company
About this raise
Red Bay Coffee Company is raising funds on Wefunder. It is a vertically integrated specialty coffee company that makes single-origin sourced excellent coffee. Red Bay Coffee Company sources its beans transparently, hand roasts them in Oakland, and distributes them to over 55 partners in the US. The business has a huge warehouse space in Oakland and has several wholesale partners, including Salesforce, Uber, and Twitter. Keba Konte founded Red Bay Coffee Company in August 2013. The current crowdfunding campaign has a minimum target of $40,000 and a maximum target of $200,000. The campaign proceeds will be used for purchasing green bean inventory, wages, and supplies.
Investment Overview
Invested : $160,269
Deal Terms
- Platform
- Wefunder
- Start Date
- 07/07/2016
- Close Date
- 10/18/2016
$40,000
$200,000
$100
Revenue Share
RegCF
2.00X
Company & Team
Company
- Year Founded
- 2013
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Location
- Oakland, California
- Company Website
-
Visit Website
Team
Financials
-
Revenue
-
$0
as of FY2015
- Monthly Burn
-
$12,094
as of FY2015
-
Runway
-
24+ months
as of FY2015
- Gross Margin
-
51%
as of FY2015
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 10/18/2016 | Wefunder | - | $160,269 | Revenue Share | Funded | RegCF |