Steeped Coffee
New Standard in Coffee: Specialty Coffee Brewed Like Tea in a Single-Serve Bag
Overview
Raised: $5,000,000
Total Commitments ($USD)
Republic
06/07/2022
07/27/2022
$100
SAFE
Series A
RegCF
$33,000,000
0%
Rolling Commitments ($USD)
07/30/2022
$102,041
4,571
2017
Food, Beverage, & Restaurants
Non-Tech
B2C
Low
High
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$2,922,061 |
$2,242,690 |
|
COGS |
$2,851,959 |
$2,251,094 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-2,964,275 |
$-1,787,767 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$192,267 |
$654,773 |
|
Accounts Receivable |
$434,808 |
$371,088 |
|
Total Assets |
$1,897,470 |
$1,926,763 |
|
Short-Term Debt |
$1,104,377 |
$962,906 |
|
Long-Term Debt |
$7,412,131 |
$4,618,620 |
|
Total Liabilities |
$8,516,508 |
$5,581,526 |
Raise History
| Offering Name | Close Date | Platform | Valuation/Cap | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| Steeped Coffee | 04/24/2024 | Republic | $38,000,000 | $1,583,437 | SAFE | Active | RegCF |
| Steeped Coffee | 10/07/2022 | Republic | $33,000,000 | - | SAFE | Funded | RegD 506(c) |
| Steeped Coffee | 07/26/2022 | Republic | $33,000,000 | $5,000,000 | SAFE | Funded | RegCF |
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.
Valuation History
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.
Employee History
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