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Categories
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Food & Beverage, Consumer Goods & Products, Retail, Technology, Food & Bev
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Min Investment
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$100
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Expected Close Date
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January 31, 2021
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Target Raise
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$25.00K-$1.07M
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Security Price
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$1
- Number of Employees
- 11
- Cash
- $21,025
- Revenue
- $672,565
- Short Term Debt
- $748,299
- Cost of Goods
- $530,805
- Long Term Debt
- $779,448
- Net Income
- $-926,292
Key Deal Facts
345% revenue growth since 2019
Expected $2M+ in annual revenue by EOY 2023
20K+ units on the market | Lifetime revenue over $9M
Launching single-cup coffee maker in 2024
18% increase in gross profit 2019 - 2022
450% increase in web traffic 2019 - 2022
Recent coverage in WSJ, Serious Eats, Bon Appetit
Luxury brand unit economics
Management Team / Advisory Board Bios
Mark Hellweg Co-Founder & CEOMark is the founder of Ratio and Clive Coffee, which together have sold over $75M of coffee equipment since 2012. Mark is the product visionary behind Ratio coffee makers and LUCCA espresso machines., Brad Walhood Co-Founder & COOBrad is the integrator at Ratio, managing all product development, supply chain, and logistics, and overseeing Ratio’s Oregon factory. Brad has 20+ years of experience in high-end consumer brands, manufacturing, e-commerce, and retail store development.