Ratio

Neutral
BETA

A new paragon in coffee

Analytics

Raised to Date: $171,375

Aggregate Commitments $
Platform

Republic

Start Date

09/25/2020

Close Date

01/31/2021

Min. Goal

$25,000

Max. Goal

$1,070,000

Min. Investment

$150

Security Type

SAFE

Funding Type

RegCF

Series

Pre-Seed

Valuation Cap

$6,000,000

Discount Rate

20%

Weekly Commitments $
Status

Active

Reporting Date

11/30/2020

Days Remaining

60

% of Min. Goal

686%

% of Max. Goal

16%

Likelihood of Max
Avg. Daily Raise

$2,597

# of Investors

272

Momentum
Location

Portland, OR

Industry

Food, Beverage, & Restaurants

Tech Sector

Foodtech

Distribution Model

B2C

Margin

Medium

Capital Intensity

High

Business Type

Growth

Ratio, with a valuation cap of $6 million, is raising funds on Republic. The company designs and manufactures intuitive coffee machines for an excellent home brew coffee solution. The machines of Ratio make delicious coffee irrespective of variables like water temperature, extraction time, and pour over pattern. Mark Hellweg founded Ratio in August 2017 and has raised over $4 million in previous rounds of financing. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $1,070,000. Ratio reached its first profitable month in December 2019 and expects to generate $1.5 million in revenue by the end of 2020. The company has already sold over 5,000 units and generated $2.5 million in lifetime revenues.

Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$672,565

$503,146

COGS

$530,805

$287,701

Tax

$0

$0

 

 

Net Income

$-926,292

$-686,137

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$21,025

$236,600

Accounts Receivable

$12,475

$0

Total Assets

$989,195

$757,846

Short-Term Debt

$748,299

$177,299

Long-Term Debt

$779,448

$0

Total Liabilities

$1,527,747

$645,806

Ratings

last updated 12/01/2020

Ratings Platform - Beta Trial

Our new ratings and analytics platform is currently in Beta. To gain access to the Beta platform features, upgrade to a Pro paid account and accept the Beta terms on any page.

For a limited time, use coupon code "TRYMERLIN20" for a free 20 day trial of Kingscrowd Pro and Merlin Beta. Your paid subscription will activate at the end of 20 days. Cancel anytime.

Analyst Report

Neutral
Ratings Platform - Beta Trial

Our new ratings and analytics platform is currently in Beta. To gain access to the Beta platform features, upgrade to a Pro paid account and accept the Beta terms on any page.

For a limited time, use coupon code "TRYMERLIN20" for a free 20 day trial of Kingscrowd Pro and Merlin Beta. Your paid subscription will activate at the end of 20 days. Cancel anytime.
Other Deals

Future Proof on Wefunder

Future Proof — formerly BeatBox Beverages — is a rapidly-scaling, millennial-focused alcoholic beverage company. After pitching on ABC’s…

Crowd
Yerbae on StartEngine

Any beverage with sugar or sweeteners -- including soft drinks -- is the single largest…

Crowd
18.21 Drinks on Republic

18.21 Drinks has been selected as a “Deal to Watch” by KingsCrowd. This distinction is reserved for deals…

Crowd
Create your first portfolio
WELCOME TO YOUR OWN INVESTMENTS PORTFOLIO ON KINGSCROWD.

Now you can track all of your startup investments in one place utilizing our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
Add Ratio on Republic
Follow company
Follow Ratio on Republic