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Security Type
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CAFES
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Categories
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Technology, Financial Services, Retail
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Min Investment
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$100
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Expected Close Date
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April 30, 2023
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Target Raise
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$150.00K-$1.07M
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No. Investors
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315
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Security Price
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$1
- Number of Employees
- 5
- Cash
- $138,412
- Revenue
- $402,114
- Short Term Debt
- $337,173
- Cost of Goods
- $113,047
- Long Term Debt
- $0
- Net Income
- $-276,590
Company Description
🚀🔥$600K in total revenue
💸1100% revenue growth in the past 2 years
🔥💰Founders have completed 8 exits: their businesses generated over $200 million in total revenue
🔥💸While this forecast cant be guaranteed, Boseco forecasts $440 million revenue
⚡️Technology built and rolled out with patents in progress
🔥Currently selling 1.2 million cups of coffee per year
🔥💲Founders invested $1 million of own funds into the company
🌎Enormous $465 billion coffee market for $90 billion disruption
Key Deal Facts
🚀🔥$600K in total revenue
💸1100% revenue growth in the past 2 years
🔥💰Founders have completed 8 exits: their businesses generated over $200 million in total revenue
🔥💸While this forecast cant be guaranteed, Boseco forecasts $440 million revenue
⚡️Technology built and rolled out with patents in progress
🔥Currently selling 1.2 million cups of coffee per year
🔥💲Founders invested $1 million of own funds into the company
🌎Enormous $465 billion coffee market for $90 billion disruption
Use of Proceeds
$150,000 |
55% towards Research and Development (manufacturing, hardware and software development, equipment, patents, testing, application, engineering salaries etc.)
25% Payroll and other operational expenses
12.5% towards Marketing (social media and other PR related costs)
7.5% Wefunder fees
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$1,070,000 |
42.5% towards Research and Development (manufacturing, hardware and software development, equipment, patents, testing, application, engineering salaries etc.)
30% Payroll and other operational expenses
20% towards Marketing (social media and other PR related costs)
7.5% Wefunder fees
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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
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.