Southeastern Roastery
About this raise
Southeastern Roastery is raising funds on CrowdFund Mainstreet. The business curates sense-focused specialty coffee experiences for culinary and inexperienced palates. Southeastern Roastery makes distinct and authentic coffee roasts and establishes supportive collaborations with women producers and importers. The business currently generates $2,000 per month through wholesale sales and farmers’ market sales and plans to open its own roastery and cafe soon. Candy Schibli founded Southeastern Roastery in June 2017. The current crowdfunding campaign has a minimum target of $15,000 and a maximum target of $107,000. The campaign proceeds will be used to open the new roastery and cafe, purchase and install new equipment, and hire additional employees.
Investment Overview
Invested : $15,194
Deal Terms
Total Commitments
- Platform
- CrowdFund Mainstreet
- Start Date
- 03/12/2020
- Close Date
- 04/30/2020
$15,000
$107,000
$100
Convertible Note
Early Stage
RegCF
Company & Team
Company
- Year Founded
- 2017
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- Capital Intensity
- Location
- Washington, District of Columbia
- Company Website
-
Visit Website
Team
- Employees
- 1
Financials
-
Revenue
-
$0
as of FY2018
- Monthly Burn
-
$4,633
as of FY2018
-
Runway
-
7.3 months
as of FY2018
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Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 04/30/2020 | CrowdFund Mainstreet | - | $15,194 | Convertible Note | Funded | RegCF |