Data / Crowdfunding / Michigan / Sepia Coffee Project LLC
Sepia Coffee Project LLC: crowdfunding raise on Wefunder Portal LLC, $50,000 to $124,000 (2023)
Sepia Coffee Project LLC, a limited liability company in Detroit, MI, filed a Form C with the SEC on August 25, 2023 to raise $50,000 to $124,000 in Revenue Share Loan through Wefunder Portal LLC. The offering closed on April 29, 2024. In its most recent fiscal year it reported $12,120 in revenue and a net loss of $24,230, with 3 employees.
SpecStream is the live web data engine for teams and agents. It reads every Form C on SEC EDGAR each morning, and this page is that reading. Ask for your own cut (a portal, a state, a size, a revenue range) and new raises arrive in your sheet, CRM, Slack or agent as they land.
- Website
- www.sepiacoffeeproject.com
- Funding portal
- Wefunder Portal LLC
- Address
- 9417 John R St., Detroit, MI 48202
- Legal form
- Limited Liability Company
- Jurisdiction
- MI
- Incorporated
- May 3, 2021
- SEC CIK
- 0001991211
Offering terms
From the offering filed August 25, 2023.
- Security
- Revenue Share Loan
- Price
- $1.00
- Target
- $50,000
- Maximum
- $124,000
- Deadline
- April 29, 2024
- Portal compensation
- <p>6.0% of the offering amount upon a successful fundraise, and be entitled to reimbursement for out-of-pocket third party expenses it pays or incurs on behalf of the Issuer in connection with the offering.</p>
Financials
From the Form C filed August 25, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $12,120 | $0 | sec.gov |
| Cost of goods sold | $4,968 | $0 | sec.gov |
| Net income | $-24,230 | $-27,645 | sec.gov |
| Taxes paid | $186 | $5 | sec.gov |
| Total assets | $10,585 | $13,153 | sec.gov |
| Cash | $798 | $2,074 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $177 | $0 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| August 25, 2023 | Offering | $50,000 | $124,000 | April 29, 2024 | sec.gov |
Updated August 25, 2023. Read from SEC EDGAR. Public domain (U.S. government work). Financials are as each company reported them in its Form C, unaudited unless the filing says otherwise. Websites are the ones the companies declared to the SEC. Free to reuse with credit to SpecStream under CC BY 4.0. Spot a wrong value? Write to [email protected] with the link to this page.