CUSA TEA AND COFFEE

Operating

Cusa Tea Inc.

Food & Beverage · Packaged Drink · Founded 2016

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World's first botanically extracted instant coffee and tea

Valuation cap ⓘ

$8.0M

As of Apr 2023 · from Reg CF Offering (2022) · a SAFE/note conversion ceiling, not a priced valuation

Total raised

$3,674,381

Crowd $1.2M · Private $2.5M · 3 rounds since 2019

Financials

FY2020–FY2022 · from SEC filings · hover any figure for its source

$637K

−$777K

2020

$1.4M

−$873K

2021

$1.8M

−$1.7M

2022

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

Metric

FY2020 audited

FY2021 audited

FY2022 audited

Income statement

Revenue

$637,002

$1,435,778

$1,845,240

Cost of goods sold

$428,710

$564,590

$1,073,815

Gross margin

33%

61%

42%

Net income

-$777,159

-$872,601

-$1,713,077

Taxes paid

Balance sheet

Cash

$578,258

$288,728

$106,405

Accounts receivable

$27,284

$20,499

$58,017

Total assets

$1,235,965

$954,991

$732,755

Short-term debt

$213,864

$110,576

$757,789

Long-term debt

$518,642

$1,091,045

$2,070,672

Total liabilities

$732,506

$1,201,621

$2,828,461

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

$8.0M

Valuation cap

Reg CF · Note · Aug 2022

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

Cap table

Share counts as of Dec 31, 2021

Preferred stock · 38.6%Common stock · 61.4%

Class	Outstanding	Votes / share	Share of total	Last price
Preferred stockpreferred	629,129	—	38.6%	—
Common stock	1,000,000	—	61.4%	—
Total	1,629,129		100%

Shares outstanding over timein today's share terms

1.6M815K0

Dec 2020Dec 2021

Common stockPreferred stock

Sold to the crowd

Reg CF · Aug 2022$1.2M· 234 investors

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

Reg CF · Convertible Note · Aug 2022Closedvia WeFunder

Raised $1.2M / $4MInvestors 234Valuation cap $8M

Rule 506(b) · Equity · Dec 2020Closed

Raised $405.4KInvestors 18

Rule 506(b) · Equity · May 2019Closed

Raised $2.1MInvestors 22

Team

4 people

Jim LamancusaFounder

Founder and CEO

James Cali

General Partner

Jay Hirsh

Managing partner

Matt Fargo

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 requiredFewer than 300 holders of record

Filed 1 of 4 annual reports (FY2022–FY2025)

234 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-ARApr 27, 20230001670254-23-000437
EDGAR
Form C/ASep 12, 20220001670254-22-000941
EDGAR
Form CAug 31, 20220001670254-22-000899
EDGAR
Form DDec 31, 20200001777038-20-000002
EDGAR
Form DMay 17, 20190001777038-19-000001
EDGAR

Source: ManualCIK 0001777038

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.