Kaffi on Wefunder

Icelandic energy coffee

Raise to date: $96,992

Reporting Date: 08/02/2020

Key Stats

Minimum Raise

$50,000

Maximum Raise

$1,070,000

Likelihood of Max Unlikely
Start Date

05/08/2020

Stop Date

12/05/2020

Days Remaining

122

Security Type

Convertible Note

Investment Minimum

$250

Deal Type

No Review


Investment Summary

Status

Active

# of Investors

93

% of Minimum Raised

194%

% of Maximum Raised

9%

Dollars Per Day to Reach Max

$7,975

DPD* Committed

$1,128

DPD* Category

$0

DPD* All Companies

$1,858

Kingscrowd Momentum

$96,992

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

Kaffi, with a $4.5 million valuation cap, is raising funds on Wefunder. The company produces a line of high-protein, incredible tasting, Icelandic energy coffee drinks. Kaffi currently has three SKUs, including Keto Latte, New Orleans, and Iced Mocha, and plans to launch three more plant-based SKUs next year. Kaffi energy drinks taste great, are healthy, and provide energy. Kaffi was founded by Smari Asmundsson in 2011 and has raised more than $5 million since its inception. The proceeds of the current round of crowdfunding, with a minimum raise of $50,000 and a maximum raise of $1,070,000, will be used towards manufacturing run, marketing, and building out the team. Kaffi is led by a seasoned and passionate team and has already won the Sprouts Innovation Program in December 2019 and Kroger Innovation Program in January 2020.

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