Dope Coffee Company (1)

Dope Coffee Company (1)

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Security Type
Convertible Note
Categories
Food & Bev
Location
Decatur, GA
Offering Date
April 13, 2020
Expected Close Date
August 10, 2020
Target Raise
$27.00K-$107.00K

Company Description

Dope Coffee is a new premium coffee brand with a twin message: drink great coffee and elevate Black culture. Based in Atlanta, Dope has gained sales traction through online sales promoted by social media, 5-star customer ratings and the publicity surrounding the founders’ successful PG Shark Tank Pitch Competition. While our messaging focuses on the celebration of Black culture, 70 percent of our customers are from other races.

Use of Proceeds

  • Digital and & Print Marketing: $34,000
  • Manufacturing Capability Upgrades: $31,000
  • Fulfillment Center Build-out: $19,000
  • Popup Marketing Operation: $13,000
  • Payroll: $10,000

Management Team / Advisory Board Bios

Michael Loyd - CEO / CoFounder
Michelle Loyd - CPO / CoFounder
Mike Steadman - Brand Development Chief
Stace Loyd - Chief Operating Officer
Bruce McTague - Marketing Advisor
Shafi Mustafa - Growth Advisor
Nikishka Iyengar - Accelerator Advisor /Consultant
Amount Raised : $47,300
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Security Description

A convertible security is a security that can be converted into another security, typically equity in the next round of financing.

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