Cool Beans

Operating

CB Food Company, Inc.

Food & Beverage · Glenview, IL · Founded 2018

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Plant-based goodness from whole food ingredients-great for people & the planet

Valuation cap ⓘ

$6.0M

As of Dec 2022 · from Reg CF Offering (2022) · a SAFE/note conversion ceiling, not a priced valuation

Total raised

$2,823,261

Crowd $64K · Private $2.8M · 4 rounds since 2019

Financials

FY2020–FY2023 · from SEC filings · hover any figure for its source

$327K

−$560K

2020

2021

$85K

−$1.0M

2022

$78K

−$405K

2023

RevenueNet income — beside revenue when positive, below the line when a loss

Metric

FY2020 reviewed

FY2021 reviewed

FY2022 reviewed

FY2023 reviewed

Income statement

Revenue

$327,080

—

$85,416

$77,522

Cost of goods sold

$345,988

—

$290,500

$263,948

Gross margin

-6%

—

-240%

Net income

-$560,389

—

-$1,024,160

-$404,889

Taxes paid

—

Balance sheet

Cash

$580,668

—

$72,342

$88,013

Accounts receivable

$56,155

—

$19,357

Total assets

$702,512

—

$134,827

$209,720

Short-term debt

$1,619,705

—

$1,550,000

Long-term debt

$83,100

—

$195,000

$2,195,000

Total liabilities

$1,702,805

—

$1,745,000

$2,195,000

Other

Headcount

—

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

Valuation caps on SAFE / convertible note rounds

$6.0M

Valuation cap

Reg CF · SAFE · Sep 2022

Dashed amber bars are a SAFE or convertible note's valuation cap — the most it converts at, not what the company is worth.

Fundraising history

Rule 506(b) · Convertible Note · Feb 2023Closed

Raised $200K

Reg CF · SAFE · Sep 2022Closedvia Republic

Raised $64.3K / $400KInvestors 155Valuation cap $6M

Rule 506(b) · Convertible Note · Jul 2021Closed

Raised $1M

Rule 506(b) · Convertible Note · Feb 2019Closed

Raised $1.6M

Team

4 people

D. Tyler Mayoras

Chief Executive Officer

Caryn Rowe Africk

Director

Eric Schnell

Director

Michael P. Brennan

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

Not requiredFiled Form C-TR (terminated reporting)

Filed 1 of 4 annual reports (FY2022–FY2025)

155 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-TRAug 18, 20230001787267-23-000012
EDGAR
Form C-ARMay 2, 20230001787267-23-000005
EDGAR
Form C-UJan 3, 20230001787267-23-000002
EDGAR
Form CJul 12, 20220001787267-22-000004
EDGAR

Source: ManualCIK 0001787267DE

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.