Soft Bar
About this raise
Soft Bar, with a valuation of $7 million, is raising funds on Republic. It is a new space in Brooklyn, New York, that offers superior non-alcoholic drinks, functional coffee, and beverages, along with experiences. Soft Bar caters to the health-conscious younger generations avoiding alcohol but still in need of places to gather, socialize, and work. The business has already developed a strong social media following of 21,000 followers and has received local press coverage. Carl Radke and Brian McNamee founded Soft Bar in April 2024. The current crowdfunding campaign has a minimum target of $75,000 and a maximum target of $1.24 million. The campaign proceeds will be used for location buildout, operating expenses, capital expenses, and additional working capital.
Investment Overview
Committed : $78,275
Deal Terms
Total Commitments
- Platform
- Republic
- Start Date
- 02/28/2025
- Close Date
- 04/30/2025
$75,000
$1,235,000
$250
SAFE
Seed
RegCF
$7,000,000
0%
Company & Team
Company
- Year Founded
- 2024
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- Low
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $570,000
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 04/30/2025 | Republic | $7,000,000 | $78,275 | SAFE | Active | RegCF |