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ARTLY

Raising nowOperating

Blue Hill Tech Inc.

Food & Beverage · Seattle, WA · Founded 2020

Your friendly neighborhood robot barista

Raising nowRaising now on StartEngine

This company has an open fundraising round.

$3.7M raised1,359 investors75 days left
View the live round
Post-money valuation ⓘ
$158.4M
As of Jun 2026 · from Reg CF Offering (2026-06-22) · pre-money + amount raised, not a traded price
Total raised
$15,084,177
Crowd $7.0M · Private $8.1M · 6 rounds since 2020
Latest share price
$14.09
Reg CF · Series CF-2 Preferred Stock · Jun 2026 offering price

Financials

FY2021–FY2026 · from SEC filings · hover any figure for its source
$109K
−$596K
2021
$912K
−$2.1M
2022
$1.7M
−$2.9M
2023
$2.0M
−$2.8M
2024
$2.0M
−$2.8M
2025
$2.3M
−$2.5M
2026
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2021 reviewed
FY2022 reviewed
FY2023 audited
FY2024 audited
FY2025 audited
FY2026
Income statement
Revenue
$109,257
$911,907
$1,744,772
$1,989,640
$1,989,640
$2,290,554
Cost of goods sold
$40,945
$528,126
$1,262,708
$1,222,497
$1,222,497
$1,053,720
Gross margin
63%
42%
28%
39%
39%
54%
Net income
-$596,059
-$2,071,212
-$2,883,553
-$2,795,112
-$2,795,112
-$2,505,576
Taxes paid
$0
$0
$0
$0
$35,403
$49,450
Balance sheet
Cash
$434,636
$5,490,120
$3,180,062
$2,862,315
$2,862,315
$680,434
Accounts receivable
$0
$0
$0
$24,489
$24,489
$424,966
Total assets
$824,806
$7,254,477
$5,354,843
$5,109,400
$5,109,400
$3,261,380
Short-term debt
$11,204
$123,460
$0
$0
$119,165
$172,259
Long-term debt
$0
$110,234
$0
$0
$527,449
$518,423
Total liabilities
$11,204
$233,694
$0
$0
$646,614
$690,682
Other
Headcount
—
33
—
20
50
20

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, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Pre-money — the valuation set before each round’s money came in
$100.0M
pre-money
$50.0M
est. pre-money
$154.7M
pre-money
$154.7M
pre-money
Reg CF · Preferred · Aug 2023
Section 4(a)(2) · Series CF Preferred · Apr 2024
Reg CF · Series CF-2 Preferred · Jan 2026
Reg CF · Series CF-2 Preferred · Jun 2026

Blue bars are the pre-money valuation the company stated for a priced round. Dotted grey bars are our estimate for rounds that didn't state one: the round's share price × the shares outstanding in its filings. Same measure as blue, but rougher.

Share price over rounds

log scale
$14.13$3.7092$0.9737
Jun 2020Jun 2026
Round offering price or verified disclosed saleDisclosed sale, unverified or year-only

Disclosed sales come from the issuer's own filings (prior-offering lines, audited-statement notes) and are amount ÷ securities sold. A down round is a firm point more than 25 % below the previous firm point of the same share class on a comparable basis; the comparison ignores unverified and year-only lines, and each class is drawn as its own line.

Cap table

Share counts as of Dec 31, 2025

These classes don't convert into each other and last sold at very different prices, so their share counts can't be added up into ownership percentages. Compare them by price instead.

ClassOutstandingVotes / shareLiquidationDividendLast price
Series Pre-A3 Preferred Stockpreferred45611× non-participating · paid 1st4%$14.09Jun 2026
Series Seed Preferred Stockpreferred1,091,22511× non-participating · paid 2nd—$0.9737Jun 2020
Common Stock5,428,0171———

Principal holders% as the filing states it, Jun 22, 2026

  • Meng Wang205,402 Series Seed Preferred Stock34.9%of Series Seed Preferred
  • Meng Wang3,112,500 Common Stock—of votes
  • Meng Wang365,719 Series Pre-A3 Preferred Stock—of votes

Sold to the crowd

From the company's SEC filings: share counts per class, each class's voting and conversion terms, and the holders of 20% or more that Form C requires (officers and 10%+ holders on Form 1-A). Filings name only large holders, so most owners — including crowd investors — are not listed, and a holder's percentage may be of its own class rather than of the whole company. Prices and crowd share counts are in today's share terms — adjusted for splits and conversions since they were sold. Hover a figure for its filing.

Fundraising history

Raised $3.7M / $4.6MInvestors 1,359Post-money $158.4M
Raised $400.6K / $5MPost-money $155.1M
Raised $67.1KEst. pre-money $50M
Raised $2.9M / $5MInvestors 1,616Post-money $103.5M
Raised $7MInvestors 5

Team

6 people
Daniel LeeFounder
Vice President, Retail and Business Operations

Daniel Lee is the Vice President of Retail and Business Operations at Artly Coffee, where he oversees the company's day-to-day operations. With experience as a Regional Manager at Starbucks and Regional Sales Manager at Luxottica Retail, he brings extensive expertise in managing large-scale operations and driving business growth. Daniel has also worked as a Headmaster at Challenger School Foundation and as a Regional HOME Manager at DaVita Kidney Care. Throughout his career, he has been committed to building strong teams and delivering exceptional customer experiences.

Joe YangFounder
Chief Coffee Officer

Wenbo (Joe) Yang is a highly accomplished coffee professional with over 10 years of experience in the specialty coffee industry. He is a certified Q Arabica Grader and has won multiple awards in the United States, including 3rd place in the 2022 USCC Coldbrew Competition, 6th place in the 2022 USCC Roaster Competition, and the 2021 USCC Roaster Competition Qualifying Champion. Joe is also the creator of In J Coffee and Super Joy Coffee in Portland. He is known for his expertise in all aspects of coffee, from sourcing and roasting to brewing.

Meng WangFounder
Co-Founder and CEO

Meng Wang is a co-founder of Artly and a seasoned entrepreneur and innovator. With experience as a Principal Scientist at AWS AI and as a co-founder and former CTO of Orbeus Inc, Meng is recognized as a leading expert in computer vision and machine learning. Orbeus was acquired by Amazon and became the AWS Computer Vision services, including AI services like Rekognition and Textract. Meng has more than 30 US Patents in AI. Meng’s dedication to excellence and his passion for creating products that make a difference have earned him a reputation as a visionary leader in the tech and coffee industries.

Yushan ChenFounder
Chief Operation Officer and Chief Product Officer

Yushan Chen is a seasoned product manager and technical leader with a background in robotics and artificial intelligence. She is currently the Chief Product Officer at Artly Coffee, where she is dedicated to preserving and democratizing the craft of coffee using AI. Prior to that, Yushan worked for Amazon, where he held several senior product management positions in Alexa and AWS AI. Before joining Amazon, Yushan was the Head of Product and a founding member at Orbeus Inc., a company acquired by Amazon that specialized in advanced computer vision technologies. Yushan holds a Ph.D. in Robotics from Boston University, where his research focused on formal methods for motion planning, coordination, and control of multi-agent systems.

Geraldine Pannu
Chief Financial Officer

As the Chief Financial Officer of Artly, Geraldine Pannu oversees all financial activities, including budget management, financial planning, and investment strategies. She analyzes the company's financial strengths and weaknesses, proposing corrective actions to ensure financial stability and growth. Additionally, she holds board positions at Royal Business Bank and Processa, providing strategic guidance and oversight, particularly in financial matters. As a Managing Partner at GLTJ Pioneer Capital, she collaborates with equity investors and developers on land acquisition and development projects. Geraldine's extensive experience in financial management and investment strategy contributes significantly to Artly's financial health and strategic growth.

Jun Li
Director

At Artly Coffee, Jun Li is a board director and advisor, utilizing his deep knowledge of tech startups and investment strategy to guide the company's growth and funding initiatives. His industry insights, business acumen, and network connections are invaluable assets in helping Artly navigate the business landscape and secure strategic partnerships. At SV Tech Ventures, Jun Li's primary responsibility involves identifying promising technology startups for investment. He evaluates potential opportunities based on their technological innovation, market potential, and the strength of their teams. His role is instrumental in shaping the investment portfolio and growth strategy of SV Tech Ventures.

Names and titles as disclosed on StartEngine, 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 2 of 3 annual reports (FY2023–FY2025)

Missing: 2023, 2025

1,616 investors
holder-count proxy

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

  • Form C/ASep 18, 20260001936104-26-000007
    EDGAR
  • Form CJun 22, 20260001936104-26-000004
    EDGAR
  • Form C-ARMay 8, 20260001936104-26-000001
    EDGAR
  • Form C-UMay 4, 20260001872856-26-000161
    EDGAR
  • Form C-UFeb 11, 20260001872856-26-000048
    EDGAR
  • Form C/AJan 12, 20260001872856-26-000010
    EDGAR
  • Form CJan 12, 20260001872856-26-000008
    EDGAR
  • Form C-ARDec 5, 20250001936104-25-000002
    EDGAR
Source: ManualCIK 0001936104DEShare price $14.09

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.