Steeped Coffee
Early Stage
New Standard in Coffee: Specialty Coffee Brewed Like Tea in a Single-Serve Bag
Overview
Platform
Republic
Start Date
08/30/2022
Close Date
10/08/2022
Min. Goal
$10,000
Max. Goal
$5,000,000
Min. Investment
$10,000
Security Type
SAFE
Series
Pre-Seed
SEC Filing Type
RegD 506(c)
Valuation Cap
$33,000,000
Discount
0%
Year Founded
2017
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
Low
Steeped Coffee, with a valuation of $33 million, is raising funds on Republic through Reg D 506(c) raise. The company makes specialty coffee that is brewed like tea in a single-serve bag. The single-serve bags of Steeped Coffee do not require any machine for brewing and come in compostable and sustainable packaging. Steeped Coffee is barista-approved and has partnered with over 400 top coffee brand partners. Josh Wilbur founded Steeped Coffee in April 2017. The current crowdfunding campaign has a maximum target of $5,000,000. The campaign proceeds will be used for growth and expansion.
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