Backyard Soda

Backyard Soda

Early Stage

CBD-infused soda and uniquely flavored syrups

CBD-infused soda and uniquely flavored syrups

Overview

Raised to Date: Raised: $81,677

Total Commitments ($USD)

Platform

Microventures

Start Date

09/11/2019

Close Date

10/28/2019

Min. Goal
$25,000
Max. Goal
$107,000
Min. Investment

$100

Security Type

Convertible Note

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$2,500,000

Discount

0%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

10/30/2019

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$1,776

# of Investors

367

Momentum
Funded
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Year Founded

2019

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Location

Evergreen, Colorado

Company Website

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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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Backyard Soda 09/29/2020 Republic $2,750,000 $143,891 SAFE Funded RegCF
Backyard Soda 10/27/2019 Microventures $2,500,000 $81,677 Convertible Note Funded RegCF
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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Backyard Soda Co on Microventures
Platform: Microventures
Security Type: Convertible Note
Valuation: $2,500,000

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Deal Analytics
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