Backyard Soda Co on Microventures

CBD-infused soda and uniquely flavored syrups

Raise to date: $81,677

Reporting Date: 10/31/2019

Key Stats

Minimum Raise

$25,000

Maximum Raise

$107,000

Likelihood of Max Unlikely
Start Date

09/12/2019

Stop Date

10/28/2019

Days Remaining

19999958

Security Type

Convertible Note

Investment Minimum

$100

Deal Type

No Review


Investment Summary

Status

Confirmed Closed

# of Investors

367

% of Minimum Raised

327%

% of Maximum Raised

76%

Dollars Per Day to Reach Max

N/A

DPD* Committed

$1,776

DPD* Category

$0

DPD* All Companies

$1,358

Kingscrowd Momentum

$81,677

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

Backyard Soda Co., with a valuation cap of $2.5 million, is raising funds on MicroVentures. The company manufactures CBD-infused soda from locally sourced help and flavors them with natural syrups like lavender lemon, ginger lime, and mango jalapeno. Backyard Soda Co. was founded as a soda card by Jonathan Schulz and diversified into CBD-infused preparations in 2019. The current crowdfunding round has a minimum target of $25,000 and a maximum target of $107,000 and the proceeds will be used for marketing, manufacturing, research & development, future wages, and working capital. Backyard Soda Co. sells its products through Whole Foods in Colorado and has already raised $130,000 from CanopyBoulder.

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