Tapville

Tapville

Early Stage

A technology integrated taproom franchise

A technology integrated taproom franchise

Overview

Raised to Date: Raised: $509,364

Total Commitments ($USD)

Platform

StartEngine

Start Date

08/10/2021

Close Date

06/29/2022

Min. Goal
$10,000
Max. Goal
$3,930,000
Min. Investment

$200

Security Type

Equity - Common

Series

Series A

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$6.25

Pre-Money Valuation

$28,132,800

Rolling Commitments ($USD)

Status
Funded
Reporting Date

07/02/2022

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$1,582

# of Investors

417

Momentum
Funded
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Year Founded

2020

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Foodtech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

Low

Location

Naperville, Illinois

Business Type

Growth

Tapville, with a $28.1 million pre-money valuation, is raising funds on StartEngine. The company offers a technology-inspired food and beverage franchising concept that uses self-service technology and advanced data analytics. The technology helps in cutting costs and optimizing the customer experience. Joseph Tota founded Tapville in June 2020. The proceeds of the current crowdfunding campaign, with a minimum raise of $10,000 and a maximum raise of $3,930,000, will be used for growth and expansion. Tapville currently has two affiliate locations that have generated over $5 million in lifetime revenues. The contactless concept of Tapville is expected to thrive during and post-COVID-19. The franchising opportunities come as brick and mortar, kiosk, and mobile kiosk, and revenues come through royalties and franchise fees.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$99,474

$10,629

COGS

$50,600

$0

Tax

$0

$0

 

 

Net Income

$-288,702

$-9,115

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$124,054

$1,886

Accounts Receivable

$40,697

$1,842

Total Assets

$269,425

$112,673

Short-Term Debt

$2,213

$1,788

Long-Term Debt

$0

$100,000

Total Liabilities

$2,213

$101,788

Financials as of: 08/10/2021
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Tapville 09/27/2023 StartEngine $39,541,608 $123,405 Equity - Common Funded RegCF
Tapville 06/28/2022 StartEngine $28,132,800 $509,364 Equity - Common Funded RegCF
Tapville 04/25/2021 StartEngine $4,500,000 $1,070,000 Equity - Common Funded RegCF
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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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Tapville on StartEngine 2021
Platform: StartEngine
Security Type: Equity - Common
Valuation: $28,132,800
Price per Share: $6.25

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