Wunderground Coffee
Early Stage
Great tasting coffee that adds wellness to your ritual
Overview
Raised: $0
Total Commitments ($USD)
Platform
Rise Up
Start Date
11/17/2023
Close Date
04/08/2024
Min. Goal
$10,000
Max. Goal
$750,000
Min. Investment
$250
Security Type
Equity - Common
SEC Filing Type
RegCF
Price Per Share
$10.00
Pre-Money Valuation
$750,000
Rolling Commitments ($USD)
Status
Active
Reporting Date
12/08/2023
Days Remaining
122
% of Min. Goal
0%
% of Max. Goal
0%
Likelihood of Max
Avg. Daily Raise
$0
Momentum
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Year Founded
2019
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Location
Seattle, Washington
Wunderground Coffee, with a valuation of $750,000, is raising funds on Rise Up. The company makes great-tasting coffee that adds wellness to the rituals. Wunderground Coffee roasts coffee beans and enhances them using adaptogenic mushroom extracts to increase the health benefits without compromising on the taste. The products of Wunderground Coffee include Brainchild, Hocus Pocus, Dream Supply, and Brain Wash. Jody Hall founded Wunderground Coffee in October 2019. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $750,000. The campaign proceeds will be used for hiring, inventory fulfillment, and operational expenses.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$888,705 |
$208,855 |
|
COGS |
$610,194 |
$210,313 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-1,299,363 |
$-1,836,057 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$235,172 |
$1,103,508 |
|
Accounts Receivable |
$11,052 |
$0 |
|
Total Assets |
$1,337,308 |
$2,142,469 |
|
Short-Term Debt |
$0 |
$51,801 |
|
Long-Term Debt |
$4,381,645 |
$3,883,081 |
|
Total Liabilities |
$4,381,645 |
$3,934,882 |
Financials as of: 11/17/2023
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