Cusa Tea and Coffee

Cusa Tea and Coffee

πŸ”₯ The world’s first botanically extracted instant coffee and tea

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Security Type
Convertible Note
Categories
Food and Bev, Dtc, Cusa, CPG, Tea
Min Investment
$250
Location
Boulder, CO
Expected Close Date
April 30, 2023
Amount Raised
$1,103,480
Target Raise
$50K-$4M
No. Investors
145
Security Price
$1
Website
drinkcusa.com
Number of Employees
4
Cash
$271,432
Revenue
$845,415
Short Term Debt
$129,643
Cost of Goods
$564,591
Long Term Debt
$961,401
Net Income
$-872,603

Key Deal Facts

πŸ“ˆ $2.2M revenue run-rate with 567% DTC growth
β˜•οΈ Over 10M cups sold to 80k customers and counting
πŸ’΅ Superb CPG metrics: $55 average order value & $290 annual lifetime value
πŸ’₯ Industry-leading retention rate of 40% annually
πŸš€ 251% annual subscription growth; 1,200+ monthly subscriptions with 55% retention after 6 months
⭐ 4.7 out of 5 stars average from 5,000+ legitimate reviewers
🌎 Zero waste warehouse, 100% solar powered manufacturing, 100% sustainable supply chain
🌱 Certified organic products with zero sugar and no artificial flavors or impurities

Security Description

A convertible security is a security that can be converted into another security, typically equity in the next round of financing.

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