Kombucha Town offering is now closed and is no longer accepting investments.

INVEST IN KOMBUCHA TOWN TODAY!

Living beverages for a better world

Kombucha Town brews energizing and refreshing live seltzer and kombucha drinks, packaged in cans that are easy on-the-go and easy on the earth.

This Reg CF offering is made available through StartEngine Capital, LLC. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.
Kombucha Town

$113,142.00 Raised

REASONS TO INVEST

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Ranked among the top 10 beverage brands sold in the convenience store by SPINS and a feature of our product is set to air on CNN, CNBC, FOX, Disney, Food Network and Family Channel with 400+ airings in over 80M homes.

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Sales are up from $1.1MM to $1.4MM over the last 52 week period (Aug 2019 - Aug 2020).

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Kombucha market is projected to continue to grow at 17.5% over the next 3 years across retail spaces, the flavored and functional water market is expected to exhibit a CAGR of 11.5% over the next 6 years.

ABOUT

HEADQUARTERS

210 E Chestnut Street
Bellingham, WA 98225
VALUATION

Kombucha Town brews energizing and refreshing live seltzer and kombucha drinks, packaged in cans that are easy on-the-go and easy on the earth.

TEAM

Chris McCoy
Chris McCoy
Founder & CEO

Chris McCoy is the founder and CEO of Kombucha Town. Chris’s passion for healthy living was driven by his father’s death from cancer in 2008 and acting as his mother’s caregiver following the early onset of Alzheimer’s disease in 2011. Chris founded Kombucha Town in the fall of 2011 after graduating from Western Washington University with a degree in environmental science.

When he's not at work Chris spends time with his family, enjoying the challenge that comes with being a new dad. His hobbies include: Mountain Biking, Wind surfing, Paddle boarding

Christine Harem

Christine Harem

Controller

Christine joined Kombucha Town in 2017 and oversees all of the company’s financial functions. Christine brings 12 years of financial accounting experience. Christine has a BS in Mathematics and an MBA from Western Washington University. 

Away from the desk, Christine enjoys reading, walking through the woods and spending time with her husband, two sweet little boys, and her dog Knight. 

TERMS

Kombucha Town
Overview
INTEREST RATE
8.0%
MATURITY DATE
Aug 8, 2022
VALUATION CAP
$20M
AMOUNT RAISED
$113,142.00
Breakdown
MIN INVESTMENT
$250.00
DISCOUNT RATE
15.0%
CONVERSION TRIGGER
OFFERING TYPE
Convertible Notes
TYPE OF EQUITY
Class B Non-Voting Common Stock


Company

:

Real McCoy Tea Company

Corporate Address

:

210 E Chestnut Street, Bellingham, WA 98225

Offering Minimum

:

$10,000.00

Offering Maximum

:

$250,000.00

Minimum Investment Amount

(per investor)

:

$250.00











Terms


Offering Type

:

Convertible Promissory Notes

Type of Equity Converted Into

:

Class B Non-Voting Common Stock

Conversion Trigger

:

$1,000,000.00

Maturity Date

:

August 08, 2022

Valuation Cap

:

$20,000,000.00

Discount Rate

:

15.0%

Annual Interest Rate

:

8.0%
















What is a Convertible Note?

A convertible note offers you the right to receive Class B Non-Voting Common Stock in Real McCoy Tea Company. The amount of Class B Non-Voting Common Stock you will receive in the future will be determined at the next equity round in which the Company raises at least $1,000,000.00 in a qualified equity financing. The highest conversion price per security is set based on a $20,000,000.00  Valuation Cap or if less, then you will receive a 15.0% discount on the price the new investors are paying.  You also receive 8.0% interest per year added to your investment.  When the maturity date is reached, if the note has not converted then you are entitled to receive Class B Non-Voting Common Stock equal to your investment and interest back at a price per security determined by dividing the Valuation Cap by the aggregate number of outstanding equity securities of the Company as of immediately prior (on a fully diluted basis).



COVID Relief

This offering is being conducted on an expedited basis due to circumstances relating to COVID-19 and pursuant to the SEC’s temporary regulatory COVID-19 relief set out in Regulation Crowdfunding §227.201(z).

Offering maximum.

In reliance on this relief, financial information certified by the principal executive officer of the issuer has been provided instead of financial statements reviewed by a public accountant that is independent of the issuer, in setting the offering maximum of $250,000.

Expedited closing sooner than 21 days

Further, in reliance on Regulation Crowdfunding §227.303(g)(2) A funding portal that is an intermediary in a transaction involving the offer or sale of securities initiated between May 4, 2020, and February 28, 2021, in reliance on section 4(a)(6) of the Securities Act (15 U.S.C. 77d(a)(6)) by an issuer that is conducting an offering on an expedited basis due to circumstances relating to COVID-19 shall not be required to comply with the requirement in paragraph (e)(3)(i) of this section that a funding portal not direct a transmission of funds earlier than 21 days after the date on which the intermediary makes publicly available on its platform the information required to be provided by the issuer under §§227.201 and 227.203(a).

Investment Incentives and Bonuses*

*Annual Interest Rate subject to adjustment of 10% bonus for StartEngine shareholders. See 10% Bonus below.

Early bird

First 7 days of campaign - 10% Annual Interest Rate on notes

Next 7 days - 9% Annual Interest Rate on notes

Volume Perk

Level 1: $250 - Can growler + 10 trees 

Level 2: $500 - cooler backpack ($25/$30) + 20 trees 

Level 3: $1,000 – 3 months product + 50 trees + Access to the brewers’ reserve flavor

Level 4: $2,500 – 10% off for life! + 150 trees + Access to Brewers’ reserve flavor

Level 5: $5,000 – Private Cocktail Experience/Mixologist + 250 trees + access to brewers reserve flavor + 9% Annual Interest Rate on notes

Level 6: $10,000 - VIP Experience + 500 trees + access to brewers reserve flavor + 10% Annual Interest Rate on notes

Level 7: $50,000 - VIP Experience + 500 trees + access to brewers reserve flavor + 12% Annual Interest Rate on notes

Level 8: $100,000 - VIP Experience + 500 trees + access to brewers reserve flavor + 15% Annual Interest Rate on notes

*All perks occur when the offering is completed.

The 10% Bonus for StartEngine Shareholders

The Company will offer 10% additional bonus interest rate for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.

Eligible StartEngine shareholders will receive a 10% increase in the annual interest rate on Convertible Promissory Notes in this Offering. This means your annual interest rate will be 8.8% instead of 8%.

This 10% Bonus is only valid during the investors eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are cancelled or fail.

Investors will only receive a single bonus, which will be the highest bonus rate they are eligible for.

Irregular Use of Proceeds

Example - The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Vendor payments and salary made to one's self, a friend or relative; Any expense labeled "Administration Expenses" that is not strictly for administrative purposes; Any expense labeled "Travel and Entertainment"; Any expense that is for the purposes of inter-company debt or back payments.

PRESS

Article Image
Good for You, Your Community and the Planet: Kombucha Town Launches Live Seltzer

So, what exactly is kombucha? It’s a fermented, refreshing, fizzy, invigorating tea beverage created by millions of microorganisms that come together to form a symbiotic colony of bacteria and yeast, otherwise known as a SCOBY. And if all that sounds a little complicated, let me assure you: all you

Article Image
Father's Day Gift Ideas for Modern Dads

Ahh…Father’s Day. That one day in a year when we celebrate dads for being the awesome human beings that they are, and for always having our back regardless if he shows it or not (we’re sure you know what we mean!). Every dad deserves to feel special and appreciated on Father’s Day. And one of the

Article Image
MarketWatch

Kombucha Town Raising Capital on StartEngine to Expand Popular Beverage Line

Article Image
Yahoo Finance

Kombucha Town Raising Capital on StartEngine to Expand Popular Beverage Line

Article Image
Seeking Alpha

Kombucha Town Raising Capital on StartEngine to Expand Popular Beverage Line

ALL UPDATES

01.11.21

Final Update and Thank you from the mountain headwaters of Bellingham, WA


01.09.21

Final Count Down!


01.06.21

New Years update from Founder and CEO Chris McCoy


12.05.20

Update from the Herald Building


11.19.20

Campaign Extension + an exciting week ahead


11.12.20

Notice of Material Change in Offering

[The following is an automated notice from the StartEngine team].

Hello! Recently, a change was made to the Kombucha Town offering. Here's an excerpt describing the specifics of the change:


Kombucha Town extended the length of their campaign.


When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.

11.05.20

Notice of Funds Disbursement

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Kombucha Town has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Kombucha Town be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

10.16.20

2-day planning session a HUGE success

CEO Chris McCoy is joined by our new director of sales, Sam Shisler, to give an update after a 2-day planning session at the KT offices in Bellingham. We're excited to start working with the Shisler Sales team!





10.15.20

Notice of Material Change in Offering

[The following is an automated notice from the StartEngine team].

Hello! Recently, a change was made to the Kombucha Town offering. Here's an excerpt describing the specifics of the change:


Kombucha Town provided financial statements and added new perks.


When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.

10.09.20

Campaign update: Exciting new distributors

It's been a productive week here at Kombucha Town. We're looking forward to seeing even more growth as we partner with Whole Foods and Aldi to bring kombucha and seltzers nationwide, and ready for a week of strategizing with our west coast sales team. Thanks to all our new investors! 


REWARDS

Multiple investments in an offering cannot be combined to qualify for a larger campaign perk. Get rewarded for investing more into Kombucha Town.

$250.00

StartEngine Owner’s Bonus

This offering is eligible for the StartEngine Owner’s 10% Bonus program. For details on this program, please see the Offering Summary section below.

$250.00

Level 1

$250 - Can growler + 10 trees

$500.00

Level 2

$500 - cooler backpack ($25/$30) + 20 trees

$1,000.00

Level 3

$1,000 – 3 months product + 50 trees + Access to the brewers’ reserve flavor

$2,500.00

Level 4

$2,500 – 10% off for life! + 150 trees + Access to Brewers’ reserve flavor

$5,000.00

Level 5

$5,000 – Private Cocktail Experience/Mixologist + 250 trees + access to brewers reserve flavor + interest increase 9%

$10,000.00

Level 6

$10,000 - VIP Experience + 500 trees + access to brewers reserve flavor + interest increase 10%

$50,000.00

Level 7

$50,000 - VIP Experience + 500 trees + access to brewers reserve flavor + 12% Annual Interest Rate on notes

$100,000.00

Level 8

$100,000 - VIP Experience + 500 trees + access to brewers reserve flavor + 15% Annual Interest Rate on notes

JOIN THE DISCUSSION













0/2500

HOW INVESTING WORKS

Cancel anytime before 48 hours before a rolling close or the offering end date.

WHY STARTENGINE?

REWARDS

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SECURE

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DIVERSE INVESTMENTS

Invest in over 200 start-ups and collectibles!

With Regulation A+, a non-accredited investor can only invest a maximum of 10% of their annual income or 10% of their net worth per year, whichever is greater. There are no restrictions for accredited investors.

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StartEngine assists companies in raising capital, and once the offering is closed, we are no longer involved with whether the company chooses to list shares on a secondary market, or what occurs thereafter. Therefore, StartEngine has no control or insight into your investment after the close of the live offering. In addition, we are not permitted to provide financial advice. You may want to contact a financial professional to discuss possible investment outcomes.

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Refunds that are made through ACH payments can take up to 10 business days to clear. Unfortunately, we are at the mercy of the bank, but we will do everything we can to get you your refund as soon as possible. However, every investment needs to go through the clearing process in order to get sent back to the account associated with the investment.

Both Title III (Regulation Crowdfunding) and Title IV (Reg A+) help entrepreneurs crowdfund capital investments from unaccredited and accredited investors. The differences between these regulations are related to the investor limitations, the differing amounts of money companies are permitted to raise, and differing disclosure and filing requirements. To learn more about Regulation Crowdfunding, click here, and for Regulation A+, click here.

RAISED
$113,142.00
INVESTORS
165
MIN INVEST
$250.00
VALUATION CAP
$20M

@ 2022 All Rights Reserved

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