Grady’s Cold Brew on StartEngine
New Orleans–Style Cold Brew
Raise to date: $350,550
Reporting Date: 04/05/2020
Key Stats
|
Minimum Raise
$9,999 |
Maximum Raise
$1,069,999 |
Likelihood of Max
|
|
Start Date
12/06/2019 |
Stop Date
04/29/2020 |
Days Remaining
21 |
|
Security Type
Equity |
Investment Minimum
$300 |
Deal Type |
Investment Summary
|
Status
Active |
# of Investors
368 |
% of Minimum Raised
3,506% |
% of Maximum Raised
33% |
|
Dollars Per Day to Reach Max
$34,259 |
DPD* Committed
$2,897 |
DPD* Category
$0 |
DPD* All Companies
$911 |
$350,550
Commitments
Weekly Commitments ($)
Aggregate Commitments ($)
SEC Filing Data from Kingscrowd
Grady’s Cold Brew, the manufacturer of New Orleans-style cold brew, is raising funds on StartEngine. The company has a pre-money valuation of $12.8 million. Grady’s Cold Brew creates coffee-shop style cold brew and brings it to customers’ homes in an affordable, customizable, and convenient manner. Grady’s Cold Brew was founded by Grady Laird and Dave Sands in June 2011 and has grown substantially ever since. The proceeds of the current round of crowdfunding, with a minimum raise of $10,000 and a maximum raise of $1,070,000, will be used towards growth initiates and working capital. Grady’s Cold Brew has reported $21.5 million in lifetimes sales and has shown consistent growth in revenues year-over-year. The company sells both through wholesale and direct-to-consumer channels.