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18.21 Drinks

Operating

1821 Drinks Inc

Food · Packaged Drink · Wilmington, DE · Founded 2020

Woman-foundedMinority-foundedLGBTQ-founded
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18.21 Drinks: Cocktail mixers, spiked drinks and CNBS cannabis beverage line

Valuation cap ⓘ
$10.0M
As of Dec 2020 · from 18.21 Drinks SAFE 1 · a SAFE/note conversion ceiling, not a priced valuation
Total raised
$278,201
Across 1 round since 2020

Financials

FY2018–FY2020 · from SEC filings · hover any figure for its source
$1.5M
$29K
2018
$1.0M
$44K
2019
$741K
−$1K
2020
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2018
FY2019
FY2020
Income statement
Revenue
$1,513,993
$1,033,820
$740,771
Cost of goods sold
$585,800
$529,958
$467,090
Gross margin
61%
49%
37%
Net income
$28,625
$44,108
-$1,249
Taxes paid
$0
$0
$0
Balance sheet
Cash
$109,956
$82,511
$287,603
Accounts receivable
$127,594
$118,696
$143,794
Total assets
$317,337
$245,622
$827,153
Short-term debt
$114,136
$107,701
$549,520
Long-term debt
$0
$0
$0
Total liabilities
$114,136
$107,701
$549,520
Other
Headcount
—
0
8

Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited; no pill means the filing didn’t state one. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Post-money = pre-money + amount raised · caps marked
$10.0M
Valuation cap
18.21 Drinks SAFE 1

A dashed amber step is a SAFE/note valuation cap — a conversion ceiling agreed for that instrument, not a priced valuation of the company. Steps are not comparable across bases.

Fundraising history

18.21 Drinks SAFE 1ClosedReg CF · SAFE · via Republic
Raised $278.2K / $1.1MInvestors 694Valuation cap $10M

Team

2 people
/s/ Melissa Koefod
CEO & Director
/s/ Kristin Koefod
COO & Director

Names and titles as disclosed on SEC Form C. Bios and photos come from the platform campaign page and may be out of date.

Reg CF annual-report compliance

Delinquent

Filed 1 of 6 annual reports (FY2020–FY2025)

Missing: 2021, 2022, 2023, 2024, 2025

694 investors
holder-count proxy

Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.

SEC filings

  • Form C-ARMay 3, 20210001821723-21-000001
    EDGAR
  • Form C-UDec 15, 20200001821723-20-000002
    EDGAR
  • Form CSep 14, 20200001821723-20-000001
    EDGAR
Source: ManualCIK 0001821723DE

About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.