Jibby Coffee

Jibby Coffee

⚡️ Enhancing Coffee with Superfoods—for
Energy, Mood, & Stress Relief

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Form C
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Security Type
CAFES
Categories
Food & Beverage, Retail, Health & Fitness, Consumer Goods & Products
Min Investment
$100
Location
Key Biscayne, FL
Expected Close Date
April 29, 2024
Target Raise
$50.00K-$124.00K
Security Price
$1
Website
jibbycoffee.com
Number of Employees
2
Cash
$59,359
Revenue
$163,320
Short Term Debt
$84,276
Cost of Goods
$114,917
Long Term Debt
$520,000
Net Income
$-318,897

Key Deal Facts

⚡️ 450% YoY revenue growth
⭐️ 4.7 average rating across 100K+ cans sold
☕️ Taking on the $465B global coffee market
Featured in VICE, Thrillist, US News, and other leading tastemakers
✌️ 1% for the Planet Members for sustainable coffee farming & mental health support
Defining the emerging CBD Coffee category with over 350+ retailers in the US
Gen Z and minority founding team backed by industry veterans from PepsiCo, Celsius, & Boomchickapop

Management Team / Advisory Board Bios

James Reina Cofounder & CEOBefore founding Jibby, James was a 2x founder—finding success in coffee and eCommerce. He started roasting with his coffee-fanatic mother when he was just 11 years old, and bootstrapped a neighborhood cafe in Brooklyn at 17., Alvaro Ortega Cofounder & COOAlvaro managed operations for two $1M/year CPG brands (at the same time!) Before that, he was the Director of an Impact Investment Fund, helping underserved businesses raise capital. Plus, he's a stellar cold brewer., Laura Brooks Fractional CMOLaura is a growth whiz — our marketing & eComm expert. She's been part of 2 successful acquisitions including VP of Marketing & eComm at Solid Gold Pet to H&H Group for $163M and Director of Marketing at Angie's Boomchickapop to Conagra for $250M., Peter Strnad Fractional Innovation, R&DPeter is our in-house CPG data geek. With over 20 years of experience across PepsiCo, Mars, & MillerCoors—Peter is essential to Jibby's positioning, strategy, & product development., Symon Rowlands Fractional Field MarketingBeverage marketing is in Symon’s DNA. His experience comes from some of the biggest names in beverage—Monster, Muscle Milk, and Celsius. He’s been an integral advisor to Jibby, making sure we get liquid to lips as efficiently as possible.
Amount Raised : $455,090
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Security Description

A CAFES (Contract and Future Equity Stake) can convert into different types of equity upon a Triggering Event, such as: common or preferred stock for a corporation, limited partnership interest for a limited partnership and membership interest for a limited liability company. At the time of the Triggering Event, the specific rights and limitations associated with the equity stake being issued to the investors will be determined and disclosed by the Entrepreneur.

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