Son of a Barista

Son of a Barista

True Italian espresso in a pod

Print
View on StartEngine
Security Type
Common Stock
Categories
Food & Bev
Min Investment
$250
Location
Los Angeles, CA
Offering Date
April 16, 2021
Expected Close Date
October 13, 2021
Target Raise
$10.00K-$1.07M
Deal Notes

Price Per Share: $1.14

Valuation
$9,960,000

Company Description

Son of a Barista is true Italian espresso in a pod. We believe in the quality and consistency of our coffee so much, we offer a free espresso machine to our customers with their initial starter kit. Our artisan pods pair exclusively with our machine, producing rich and deeply satisfying coffee that would please the palate of even the pickiest Napolitan.

Key Deal Facts

Single cup brewers have overtaken traditional drip coffee makers. Son of a Barista is removing the barrier to entry into the single-serving coffee market by offering a free espresso machine with their initial starter kits.
Son of a Barista has sold more than half a million pods since May 2020 launch and plans to explore b2b ventures with 3 restaurants already using their professional machines.
The company has seen consistent month-over-month growth since launch, paving the way for recurring revenue due to its subscription-based business model.

Use of Proceeds

The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Vendor payments. Any expense labeled “Administrative Expenses” not strictly for administrative purposes. Any expense labeled “Travel and Entertainment”. Inter company debt or back payments. Salary payments made to one’s self, a friend or relative.

Management Team / Advisory Board Bios

Luca Capula, CEO
Luca held at GPS Standard, a leading European security firm focused on integrated technology solutions for military and industrial customers.

Albert Dahan, CSO
Albert Dahan Co-Founded Joe's Jeans, he achieved over $120 million in yearly sales. As CEO and Founder of Da-nang, he achieved over $40 million in yearly sales.

Magnus Lygdback, Ambassador & Coffee Advisor
Magnus Lygdback is a world-renowned Swedish health and wellness expert, entrepreneur, and lifestyle coach. For over 20 years, he has become best known for working with some of the world's most recognizable actors, musicians, athletes, artists and high-performance business entrepreneurs.

Deal Notes

Price Per Share: $1.14

Amount Raised : $127,172
Reveal the Score by Voting
＿
Additional ratings from other users are needed to determine a viable CrowdScore for this deal.
The "CrowdScore" for this deal is determined by user ratings and other factors using our proprietary algorithm.
ⓘ
The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
ⓘ
The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
ⓘ
The experience of the management team in running, scaling and/or exiting a business that required similar skills to execute the business plan.
Management Team
ⓘ
The value of the company compared to similar companies raising money from investors.
Valuation

Security Description

Common stock is a security that represents ownership in a corporation.

Research Reports

No reports have been submitted

Become a Reporter
Read Our Research Disclaimer

1 Comment

Post Comment

Olof S, 2 years ago

Hi Luca & Albert, I have had a detailed look at your company: https://capvee.substack.com/p/capvee-equity-crowdfunding-pick-son Bottom-line: Son of a Barista is a buy with >6x Return Potential and moderate-high risk +++ Huge and growing market +++ Promising value proposition: 1) Free machine opens up market to first-time buyers; 2) More coffee per pod; and 3) Guilt-free solution to pod-problem +++ Business model oozes potential (razor and blades) +++ Five-star team --- Highly competitive market --- Would have expected steeper sales curve in November and December --- Problems with supply chain raise questions regarding scalability Would you be available for a follow-up call next week to address some of the questions and concerns? Olof T: @Olof_Capvee | capvee.com CAPVEE | Helping retail investors uncover the best private market opportunities