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Security Type
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CAFES
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Min Investment
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$150
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Offering Date
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June 24, 2022
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Expected Close Date
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April 30, 2023
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Target Raise
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$50.00K-$1.24M
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No. Investors
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25
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Security Price
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$1
- Number of Employees
- 7
- Cash
- $2,296
- Revenue
- $4,943,466
- Short Term Debt
- $1,315,785
- Cost of Goods
- $2,752,409
- Long Term Debt
- $0
- Net Income
- $-962,134
Company Description
The pandemic left other status symbols out—fashion, travel, cars—accelerating a trend as old as the Starbucks cup. Now we proudly show off what we're eating and why.
Perks
Reserve
$150
Receive
$15 Gift Card
Reserve
$500
Receive
$25 gift card
Reserve
$1,000
Receive
Special Investor Tshirt
Key Deal Facts
Bootstrapped from a farmer's market stand in '19 to $5.1M+ in sales in '21
A brand on a mission to build Safe Spaces for everyone!
PR coverage: The Today Show, Inc., Business Insider, Bon Appetit, WSJ
Advised by one of the minds behind Ben & Jerry's, Jeff Furman
Expanding beyond cookies into many branches of the sweets snack space
The $100B sweets markets is craving innovation after years of neglect
Immigrant, queer, Latinx-owned company
Management Team / Advisory Board Bios
Hans Schrei
co-founder
Hans is our numbers person, in charge of brand execution. He's baking since the womb and is a retired master cake decorator.
Luis Gramajo
co-founder
Luis is our people's person and runs our operation and product developement.
Bernardo Puron
CX associate
Bernie is in charge of our customer service and most of the copy on our sites, you can thank him for all the puns.
Jeff Furman
Advisor
Jeff was part of the original team at Ben & Jerry's, and is, to date, president of the Ben & Jerry's foundation.
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ⓘ
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.