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 Unlikely
Start Date

12/06/2019

Stop Date

04/29/2020

Days Remaining

21

Security Type

Equity

Investment Minimum

$300

Deal Type

Deal to Watch


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

Kingscrowd Momentum

$350,550

Total Dollars Raised

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.

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