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Bean Box, Inc.

Food & Beverage · Packaged Drink · Seattle, WA · Founded 2012

Future of specialty coffee-at home

Post-money valuation ⓘ
$54.5M
As of Feb 2024 · from Reg CF Offering (2023) · pre-money + amount raised, not a traded price
Total raised
$10,719,671
Crowd $457K · Private $10.3M · 9 rounds since 2012
Latest share price
$2.62
Reg CF · Preferred Stock · Sep 2023 offering price

Financials

FY2021–FY2025 · from SEC filings · hover any figure for its source
$10.6M
−$4.6M
2021
$10.8M
−$2.5M
2022
$7.4M
−$1.4M
2023
$5.0M
−$2.3M
2024
$4.8M
−$2.3M
2025
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2021 reviewed
FY2022 reviewed
FY2023 unaudited
FY2024 unaudited
FY2025 unaudited
Income statement
Revenue
$10,615,406
$10,756,317
$7,357,683
$4,958,858
$4,800,437
Cost of goods sold
$4,413,305
$5,315,320
$2,913,309
$3,175,837
$3,432,964
Gross margin
58%
51%
60%
36%
28%
Net income
-$4,646,334
-$2,526,245
-$1,437,164
-$2,267,588
-$2,273,644
Taxes paid
$0
$13,670
$17,579
$22,112
$22,137
Balance sheet
Cash
$975,256
$575,106
$219,647
$130,358
$41,877
Accounts receivable
$7,353
$44,020
$72,098
$23,674
$13,840
Total assets
$4,824,841
$3,775,911
$2,953,875
$2,197,172
$1,621,438
Short-term debt
$4,830,337
$433,479
$339,253
$3,170,155
$4,044,994
Long-term debt
$1,034,519
$4,585,048
$3,631,025
$5,883,449
$5,425,088
Total liabilities
$5,864,856
$5,018,527
$3,970,278
$9,053,604
$9,470,082
Other
Headcount
—
14
8
6
5

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
$54.0M
pre-money
Reg CF · Preferred · Sep 2023

Blue bars are the pre-money valuation the company stated for a priced round.

Share price over rounds

$2.62$1.31$2.4536
Apr 2021Sep 2023
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.

Fundraising history

Raised $456.8K / $1.2MInvestors 292Post-money $54.5M
Raised $3.1MInvestors 8
Raised $4.1MInvestors 14
Raised $250KInvestors 1
Raised $483.2KInvestors 7
Raised $600KInvestors 6
Raised $630KInvestors 11
Raised $150KInvestors 1
Raised $867.9KInvestors 8

Team

5 people
Matthew Berk
Founder, CEO & Director

Matthew Berk has been a software engineer, entrepreneur, and CTO for more than 25 years. He is the creator of the first local search engine and is the author of a wide range of patents in machine learning, generative grammar, data mining and VoIP. Berk holds a B.A., summa cum laude, from Cornell University, and an M.A. from The Johns Hopkins University. Matthew is an equal-opportunity coffee drinker.

Ryan Fritzky
Founder, CMO & Director

Ryan Fritzky has been an entrepreneur, marketer, and product leader for the past two decades. Prior to founding Bean Box, he was a product lead in the mobile consumer and ad-tech space, working on early-stage B2B and B2C products. Fritzky earned his B.A. in finance from the University of Washington Foster School of Business. Ryan enjoys the balance of Latin American coffee and the thrill of an Ethiopian microlot.

Tami Moynihan
CFO

Tami Moynihan has more than a decade of experience growing finance operations for both startups and early-stage businesses, primarily in B2C markets, at revenues of up to $200MM. Moynihan earned her M.A. in Professional Accounting from Seattle University. Tami most appreciates the caffeine kick of high-end coffees.

Maryna Gray
Director of Coffee & Sourcing

Maryna Gray has refined her coffee-tasting palate over the past decade, and now directs all sourcing and coffee product development for Bean Box. She has acted as juror for the prestigious Cup of Excellence competition, adjudicating the top coffees on the planet in places like Colombia and Peru. She is a board member for the Alliance for Coffee Excellence. Gray earned her B.A. from Amherst College. Maryna enjoys tasting and sharing both the simplicity–and the complexity–of the world of coffee.

Kirby Winfield Jr.
Board Member

Kirby Winfield is a seasoned startup operator and investor, and is currently the Founding General Partner at Ascend.vc, the most prolific pre-seed stage venture fund in the Pacific Northwest. Early in his career, Kirby was a founding team member and operating executive at back-to-back tech IPOs, with Go2Net and Marchex. He is also a two-time venture capital-backed CEO, with AdXpose (DFJ, Ignition) acquired by comScore, and Dwellable (Maveron, VersionOne) acquired by HomeAway. Kirby has been operating and investing in Artificial Intelligence and Machine Learning since the 1990s. His first startup pioneered the use of semantic AI for web search. He advised the Allen Institute of Artificial Intelligence on the launch and growth of its highly regarded Ai2 Incubator program, and has backed 30+ AI startups as a VC.

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

Reg CF annual-report compliance

Not requiredFiled Form C-TR (terminated reporting)

Filed 3 of 3 annual reports (FY2023–FY2025)

292 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-TRAug 20, 20260001559745-26-000004
    EDGAR
  • Form C-ARMay 4, 20260001559745-26-000001
    EDGAR
  • Form C-ARApr 25, 20250001665160-25-000769
    EDGAR
  • Form C-ARMay 8, 20240001665160-24-000813
    EDGAR
  • Form C-UMar 1, 20240001665160-24-000153
    EDGAR
  • Form C/ADec 14, 20230001665160-23-002000
    EDGAR
  • Form CSep 19, 20230001665160-23-001770
    EDGAR
  • Form DMar 24, 20230001559745-23-000001
    EDGAR
Source: ManualCIK 0001559745DEShare price $2.62

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.