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Robo Esso
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Like many small businesses across the country, Matthew had difficult choices to make when it came to keeping his business open amid covid-19 restrictions. “The rule of thumb in the coffee industry is If you're not selling 200 cups of coffee per day you're not making money. Labor is simply too expensive, that is why you see so many small coffee shops, owner operated.” Says Matthew, who had to close his coffee business due to the pandemic. Small coffee shops are at the highest risk of closing due to the pandemic, Bloomberg reports that an estimated 7.3% of coffee shops will be closed permanently by the end of 2020.
Most Recent Valuation:
$NaN
Legal Name:
Founded:
State of HQ:
ServeBot Corp.
1/15/2020
CO
Company Description
Employees:
[]
Funding Summary
Number of funding rounds
1
Total amount raised
$100,000
Round name | End date | Raised | Status | Type | Investment minimum | Valuation | Valuation Cap | Price per share |
|---|---|---|---|---|---|---|---|---|
Robo Esso Share 1 | 03/31/2021 | $6,900.00 | withdrawn | Revenue Share | $100 |
See round history
Round history
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Early Bird Perk history
Company notes
Type | Round name | Date Added | Date Updated | Notes |
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Financials (up to prior 4 years)
Revenue
COGS
Gross margin | (%)
Taxes
SG&A, other
Net income
Cash/Equivalents
Accounts Receiv
Other Assets
Assets
Short term debt
Long term debt
Equity/other liabilities
Gross margin, Other Assets, and Equity/other liabilities are derived from the financial statements of the company reported to the SEC. Assets = Liabilities + Equity, and no equity accounts nor accounts payable are reported to the SEC, hence the possibility for that amount to be either equity or a liability.
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