Steeped Coffee

New Standard in Coffee: Specialty Coffee Brewed Like Tea in a Single-Serve Bag

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Security Type
Crowd SAFE
Min Investment
$100
Location
San Francisco, CA
Offering Date
June 07, 2022
Expected Close Date
April 25, 2024
Target Raise
$50.00K-$5.00M
No. Investors
10
Security Price
$1
Number of Employees
16
Cash
$2,266,809
Revenue
$2,828,531
Short Term Debt
$708,586
Cost of Goods
$2,462,362
Long Term Debt
$16,042,986
Net Income
$-4,999,091

Key Deal Facts

Leading single-serve brewing method for specialty coffee | craft quality
Driving an entirely new coffee category
Single-serve reimagined, with no equipment required & fully compostable
400+ top coffee brand partners licensing the Steeped Brewing Method
Traction with national distribution spanning multiple vertical markets
Proprietary IP protections & strategy
Award-winning with national product recognition

Management Team / Advisory Board Bios

Josh Wilbur
CEO
A serial entrepreneur and inventor, living on the cusp of innovation and disruption.

Ron Scadina
VP of Sales

Stirling Vineyard
CFO

Heather Rios
HR

Toby Wingo
Plant Operations

BraunHagey & Borden
Legal Counsel

Fish & Richardson
Patent IP
Amount Raised : $2,600
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Security Description

An equity crowdfunding specific version of a SAFE used by crowdfunding portal Republic. Upon conversion (if and when that happens), investors may receive special shares with limited rights that do not show up on a company’s cap table. The issuer may roll over and not convert shares at the next financing round causing investors to lose out on some upside.

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